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.
Read MoreSouth32 selects Arizona site for ROC
Category: Uncategorized
Orion sells minority stake in Capstone
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…
Read MoreAIP acquires Boart Longyear
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…
Read MoreÇöpler recovery efforts continue after fatal February incident
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…
Read MoreABB, EcoHoist collaborate on underground hoisting
ABB and EcoHoist have executed a memorandum of understanding to collaborate on the development of a vertical material transport solution for underground mines. The partnership will see experts from both companies contributing to solutions for the future of underground ore haulage systems and provides opportunities for further commercial arrangements. It aims to expedite EcoHoist’s delivery of a subscale demonstration of…
Read MoreCEMI, Lepharo partner to drive tech innovation
The Centre for Excellence in Mining Innovation (CEMI) and Lepharo Incubation Programme NPC recently announced they have solidified a strategic alliance, signing a memorandum of understanding (MoU) January 30 in South Africa to foster collaboration in promoting and supporting mining technologies and innovations. Chamirai Charles Nyabeze, vice president for Business Development at CEMI, and Zenzo Nkomo, CEO of Lepharo Incubation…
Read MoreCanada funds Rio Tinto IOC’s decarbonization efforts
The Government of Canada has awarded Rio Tinto Iron Ore Company of Canada (IOC) C$18.1 million to support the decarbonization of iron ore processing at its operations in Labrador West. Full story.
Read MoreMSHA is reporting that three miners have been permanently disabled since the beginning of 2024 because of rotating conveyor rollers. Full story.
Read MoreBattery value chain focus of new Anglo American, Finnish Minerals link
Anglo American and Finnish Minerals Group announced February 12 they have signed a memorandum of understanding (MOU) to work together to explore opportunities to further support Finland’s battery strategy. Finnish Minerals Group is a holding and development company that manages the Finnish Government’s mining industry shareholdings and supports the development of the Finnish battery value chain. “Finland is a highly…
Read MoreFLSmidth expands service center network
FLSmidth said it is expanding its 5,200-square-meter service center in Karaganda, Kazakhstan, and investing in a new service center in Tucson, Arizona, USA, as part of its “CORE ‘26” strategy. The company said the expansions will add to FLSmidth’s already comprehensive service center network, which currently consists of more than 20 locations across five continents. Both Kazakhstan and Central Asia…
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