US Critical Materials has entered a strategic exploration alliance with VerAI Discoveries, an AI-powered mineral discovery generator focused on uncovering essential critical minerals for the sustainable future. Full story.
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Hummingbird Resources has remobilised Corica Mining Services at the Kouroussa gold mine in Guinea following the suspension of work on 17 March as a result of various contractual disputes. CIG SA, Hummingbird’s largest shareholder, has agreed to provide a US$10 million loan in order to ensure continuity of operations during this re-ramping up phase of mining operations. “The agreement to…
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Control Concepts has released the AirSweep MAX, a globally patented pneumatic flow aid system that eliminates bridging, ratholing and build-up in bulk material handling equipment. The AirSweep MAX (short for Material Activation Xcellence) improves on the performance of its predecessor AirSweep. Laboratory tests proved that AirSweep MAX delivers 52% more output pressure and 31% more air output than the original…
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Global lithium producer Sigma Lithium has selected Nokia to deploy the first private LTE wireless campus network in the Americas that supports the mining of lithium. Nokia will work with partner Alcon to roll out the network, which will connect more than 200 Sigma employees and mine equipment. “At Sigma, we are dedicated to powering the next generation of EVs…
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U.S. Gold said its wholly owned subsidiary, Gold King Corp., has been issued a surface gold mine permit for the CK gold project in southeast Wyoming. In 2020, the company had pivoted from a purely exploration focus of its highly prospective assets in Nevada and Idaho to development of CK. Full story.
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The U.S. Department of Energy’s (DOE) Argonne National Laboratory has entered into a Collaborative Research and Development Agreement with Talon Metals on developing a new process to use mining waste in electric vehicle battery production. Full story.
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South32, owner of the Hermosa manganese-zinc mine, has selected Nogales, Ariz., as home to its remote operations center following a two-year analysis of options. Full story.
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Orion Resource Partners confirmed that it has sold its 8.3% stake in Americas-focused Capstone Copper for gross proceeds of approximately A$592.8 million (US$379 million). Following the transaction, Orion will continue to remain one of the largest shareholders in Capstone, with a 12% stake. The successive stake sell-down transactions, reducing Orion’s stake from 32% in 2022 to 12% today, have enabled…
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American Industrial Partners Capital Fund VIII, an investment fund managed by AIP, has completed its purchase of Boart Longyear Group through a court-approved plan of arrangement. “The closing of this acquisition marks a new chapter in Boart Longyear’s 134-year history,” said Zac Carson, AIP. “Boart Longyear has been an industry leader for more than a century, and we aspire to…
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SSR Mining, owner of the Çöpler gold mine in Turkey, said the body of one of its missing personnel has been recovered from the Manganese Pit following a February 13 heap leach slip as efforts to find the others continue. CEO Rod Antal said that its priority since the date of the event has been the recovery of all nine…
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