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Oz government steps in to support Mount Isa, Townsville
Glencore has confirmed it has reached a Heads of Agreement with the Australian and Queensland governments on an A$600 million support package that will keep operations continuing for the next three years at the Mount Isa copper smelter and Townsville copper refinery. The deal, made after eight months of constructive engagement with both governments, offers…
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Robe River JV invests millions to extend West Angelas
The Robe River Joint Venture, which comprises Rio Tinto (53%) and Japanese partners Mitsui Iron Ore (33%) and Nippon Steel (14%), has agreed to invest $733 million to develop the West Angelas sustaining project in Western Australia’s Pilbara region. The project aims to develop new iron ore deposits in the West Angelas hub. The deposits…
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China reportedly pauses BHP iron ore imports
Australian Prime Minister Anthony Albanese said he was concerned about a report that China’s state-owned China Mineral Resources Group (CMRG) had taken steps to pause purchases of iron ore cargoes from BHP, reported Reuters. A Bloomberg News report cited that CMRG had asked the country’s steelmakers and traders to pause purchases of BHP’s seaborne iron…
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Barrick Alliance terminated: Japan Gold
Japan Gold said it and Barrick Mining have mutually agreed to end their strategic alliance agreement, effective October 31, 2025. The alliance was established in 2020 with the aim of jointly exploring, developing and mining certain gold mineral properties and projects in Japan, which have the potential to host Tier 1 or Tier 2 gold…
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Ideon, Rio Tinto ink global intelligence tech partnership
Subsurface intelligence group Ideon Technologies has formed a partnership with Rio Tinto to solve what the pair calls mining’s hardest problem: geological uncertainty. The issue, the companies said, can make it difficult to identify, develop, and recover critical minerals as quickly and efficiently as the world needs them, and the uncertainty impedes growth, slows investment,…
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USA Rare Earth secures link in supply chain with LCM deal
USA Rare Earth has entered into a definitive agreement to acquire UK-based LCM (Less Common Metals), a rare earth metal and alloy producer, for $100 million in cash and 6.74 million shares of USAR common stock. The acquisition represents a significant acceleration of USAR’s mine-to-magnet strategy, establishing an end-to-end rare earth supply chain. “The acquisition…
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B2Gold declares commercial production at Goose mine
B2Gold’s Goose mine, part of the Back River Gold District in Nunavut, Canada, achieved commercial production on October 2. From September 3, the mill achieved an average throughput of 2,652 tonnes per day, or 66% of design capacity, over 30 consecutive days. Full story.
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Freeport confirms missing miners dead
Freeport-McMoRan said the remaining five workers who were missing following the September 8 mud-rush disaster at the Grasberg Block Cave mine in Indonesia have been found deceased. This follows the discovery of two bodies on September 20.
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Cruz Battery Metals renews Nevada claims
Cruz Battery Metals has renewed all of its lithium claims in Nevada, including the Solar lithium project. The renewed claims maintain Cruz’s foothold in one of the most active lithium districts in the United States. Full story.
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Brookwood-Sago grants recipients named
The U.S. Department of Labor has awarded $250,000 in Brookwood-Sago grant funding to three organizations in three states to support education and training initiatives that will help identify and prevent unsafe working conditions in and around the nation’s mines. Full story.
