PT Petrindo Jaya Kreasi Tbk (CUAN) has finalized an acquisition of a stake equalling 19.74% in PT Singaraja Putra Tbk, or SINI, according to reports in Indonesia from Bloomberg and IDN Financials. The shares, according to the outlets, were acquired through CUAN’s subsidiaries and affiliated entities, resulting in total indirect ownership of close to 20% in SINI. The transaction marks…
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Japan sets sail on rare earth mission
Japan kicked off a month-long mission to test mining of rare-earth-rich mud from the deep seabed near Minamitori Island, about 1,900 kilometres southeast of Tokyo. The government-backed project is the country’s first endeavour to domestically source rare earths and comes as China begins restricting rare-earth exports to Japan more broadly.
Read MoreCivmec books new BHP, Fortescue work
Civmec secured a series of new contracts and extensions with a combined value exceeding A$400 million, which are expected to be delivered across the second half of fiscal year 2026 and FY27, building upon an uplift in recent activity. Amongst the newly awarded contracts is a civils package with BHP for the Port Debottlenecking Project 2 (PDP2) at Nelson Point,…
Read MoreBEUMER opens China manufacturing facility
Material handling supplier BEUMER Group has opened a new state-of-the-art manufacturing facility in Taicang, China, marking a major expansion of the company’s presence in the country. A grand opening ceremony was held on December 10, a date which coincided with BEUMER China’s 20th anniversary and the BEUMER Group’s 90th anniversary globally. The company said the high-tech plant, which sits on…
Read MoreCapricorn Metals obtains Yalgoo project in Tempest deal
Australian-based gold producer Capricorn Metals has entered into a binding agreement with exploration company Tempest Minerals to acquire the prospective Yalgoo project tenement package in a A$4.5 million cash and scrip deal.
Read MoreMonadelphous secures contract for Brockman mine hub
Engineering company Monadelphous Group has won a major construction contract with Rio Tinto associated with the Brockman Syncline 1 mine project, located within the Brockman mine hub in the West Pilbara.
Read MoreBEUMER opens new production hub in India
BEUMER Group has officially inaugurated a new manufacturing facility at Reliance’s Model Economic Township (MET City) in Jhajjar, Haryana, India, on 12 December. The high-tech plant is set to significantly enhance the company’s global production capabilities and long-term presence in the region. “This expansion reflects BEUMER Group’s strategic focus and commitment to long-term success in India. The new production site…
Read MoreTaruga to acquire two PNG projects
Taruga Minerals has entered into a 12-month option with Exploration & Management Consultants Pty Ltd and Metal Mining PNG Pty Ltd to acquire two projects in Papua New Guinea: the East Normanby gold project on Normanby Island, and the Kol Mountain copper-gold project on New Britain Island. East Normanby covers a tenement package spanning 491 square kilometres across eastern Normanby…
Read MoreSandvik wins equipment order from Northern Star
Sandvik has received a major underground mining equipment order from Northern Star Resources, one of Australia’s leading gold producers. The order, valued at approximately SEK 260 million (US$27 million), consists of underground trucks and loaders, with deliveries expected to begin in the first quarter of 2026 and continue throughout the year. “We are proud to partner with Northern Star on…
Read MoreWestgold recommences reef mining at Great Fingall
Westgold Resources has successfully fired the first high-grade stope at its iconic Great Fingall mine in Western Australia, now accessing virgin areas of the famous gold reef last mined more than a century ago. “The recommencement of stoping at Great Fingall is a proud achievement for all at Westgold and the Western Australian underground mining community,” said Westgold Managing Director…
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