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Rio Tinto to establish lithium unit post Arcadium acquisition

The new Rio Tinto Lithium unit will manage the $2.5bn Rincon project in Argentina.

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AI-powered mining startup KoBold Metals secures $537m in funding

KoBold plans to use the proceeds for new explorations and reinforcing its R&D efforts.

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Downstream sectors such as manufacturing are expected to directly benefit from the sourcing of critical raw materials" through the JV, ADQ said.

Firms launch physical uranium buying for small investors using blockchain

Blockchain-powered marketplace revolutionizes uranium trading, allowing small investors to access tokenized physical uranium stored securely.

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Veracio: AI-based technologies are transforming the analysis of mineral deposits

AI and advanced technologies are transforming mineral exploration in Latin America with more accurate analysis and improved data management.

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Mining tech advances with automated rigs, drones, AI, and sustainable practices, boosting efficiency, safety, and reducing environmental impact.

Aluminum price to average 6% higher in 2024 on strong demand

Aluminum prices are expected to remain high in 2024 due to strong demand exceeding supply.

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Komatsu introduces new WA700-8 wheel loader

Komatsu announced the new WA700-8, an addition to its range of wheel loaders designed for quarry operations and aggregate producers.

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Anglo American has agreed to sell its remaining steelmaking coal mines in Australia to Peabody Energy for up to $3.8 billion, announced in May.

Native Mineral Resources acquires Queensland projects

Gold and copper-focused Native Mineral Resources (NMR) has announced an agreement to acquire two near-mine, advanced gold projects in Queensland.

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Caterpillar launches autonomous off-highway truck at Luck Stone Quarry

Caterpillar Inc. has announced it has successfully demonstrated the fully autonomous operation of its Cat® 777 off-highway truck.

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A US judge on Thursday dismissed some claims in a lawsuit accusing Rio Tinto and its former CEO Jean-Sebastien Jacques of defrauding investors by conc

Mineral Depletion: Deep-Drilling Challenges in Mining

Mining deeper poses challenges like extreme heat and rock deformation, pushing companies to adopt advanced technologies for safe extraction.

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Surge in Gold Demand Value Amid High Price Environment

Gold demand surged in Q3 due to ETF inflows, despite jewelry consumption declining. Central banks bought 186 tons, maintaining strong demand.

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Mining companies increasingly integrate environmental protection into operations,focusing on water management, waste handling, and land rehabilitation

Biden administration approves Ioneer’s Nevada lithium mine

The Biden administration approved Ioneer’s Rhyolite Ridge lithium mine in Nevada.

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Sibanye suspends Century operation

Sibanye-Stillwater suspended its Century zinc operation due to a bushfire, anticipating a 9,680-tonne production drop.

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Investment banking firm Macquarie Group and Bank of America have been appointed to oversee the mine sale process. Private equity firm EMR Capital has

BHP’s Olympic Dam temporarily halts operations

BHP's Olympic Dam mine is paused for 5-7 days due to storm damage to power lines.

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Voltera set to expand electric semi truck infrastructure with two new stations

Voltera is expanding its EV charging network in California with two new sites.

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South32 boosted Q1 FY25 production and sold Illawarra Coal for $964 million, while advancing key projects and aiming to resume GEMCO operations.

Graphite One earmarked for $325 million loan for anode manufacturing plant

Graphite One seeks a $325 million loan to build a battery anode plant in Ohio and reduce reliance on Chinese imports.

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Genius Metals options Tifernine Copper Project in Morocco

Genius Metals is acquiring 100% of the Tifernine Copper Project in Morocco, investing C$250,000 in cash and C$225,000 in commitments.

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NSW Government launched a $250 million royalty deferral scheme to boost its critical minerals sector and create jobs.

Gold price tops $2,700 for first time to extend record-breaking run

Gold has surpassed $2,700 an ounce for the first time, fueled by geopolitical tensions and a tight U.S. election.

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Premier American Uranium concludes Cyclone ISR Uranium Project drilling

Premier American Uranium completed drilling at the Cyclone ISR Uranium Project in Wyoming, finding promising uranium mineralization.

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Botswana Diamonds has obtained a 900.67ha prospecting permit for five kimberlites in South Africa,focusing on the high-potential M3 kimberlite.

Pantoro and Alkane shine in September quarter

Pantoro and Alkane reported strong gold production in the September 2024 quarter.

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Renewed calls for critical minerals list expansion

The Australian Aluminium Council calls for bauxite, alumina,and aluminium to be added to the Critical Minerals List for better industry support

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Iron ore prices dropped to $106 a ton as focus shifts from China's stimulus plans to supply prospects amid declining demand.

Nokia and Vale to develop cognitive monitoring network for mining

Nokia and Vale will develop a cognitive monitoring network to improve safety and efficiency at Vale's Carajás iron ore mine in Brazil.

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Military Metals to acquire mineral properties in Slovakia

Military Metals aims to acquire three mineral properties in Slovakia by October 2024.

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Navoi Mining launched a $1 billion bond offering to finance investments and operations,marking a major milestone for the company and Uzbekistan

Lucara Diamond to divest Clara Diamond Solutions platform

Lucara Diamond is selling its Clara platform to its original founders, refocusing on mining operations while retaining a 3% profit interest.

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Metals markets eye China reopening for stimulus rally cues

China’s largest stimulus package in years has given commodities a shot in the arm. The reopening of mainland markets on Tuesday will provide a sense o

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AI boosts mining productivity through autonomous vehicles, predictive maintenance and operational optimization, reducing costs and human error.

Coeur Mining to buy Silvercrest in $1.7 billion deal

Coeur Mining is acquiring Silvercrest for $1.7 billion, adding the Las Chispas silver mine in Mexico.

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Electric mines to operate with 56-88% less costs than diesel

Electric mines cut costs by 56-88%, but high initial costs limit adoption.

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Northstar and Novamera signed an MOU for"surgical mining"at the Cam Copper site in Ontario,focusing on copper extraction and exploration

Sandvik and Perenti Collaborate on Diesel-Electric Mining Equipment

Sandvik and Perenti signed an MOU at MINExpo 2024 to develop diesel-electric equipment for underground mining.

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The UK officially closes its last remaining coal power plant

The UK closed its last coal power plant, completing its shift to renewable energy and aiming for a fully decarbonized power system by 2030.

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I-ROX's pulsed-power technology aims to revolutionize mineral extraction by significantly reducing energy use and enhancing recovery.

Mining industry struggles with valuation gap amid shift to copper

Major miners like Rio Tinto and BHP struggle to acquire copper producers due to rising valuations and declining share prices amid economic slowdown.

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Engie Energía Chile S.A. joins Bettercoal programme

Engie Energía Chile S.A. has joined the Bettercoal Programme to enhance sustainability and responsibility in the coal supply chain.

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Asante Gold raised $100M to fund its mines, explore new opportunities, and refinance debts, with the deal closing in phases by December 2024.

Metso introduces upgraded pressure filter

Metso’s new Larox PF 60 filter boosts efficiency and reduces resource use, with improved production capacity from its new unit.

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Magna Mining to acquire Canadian base metal assets from KGHM

Magna Mining is acquiring base metal assets and exploration properties in the Sudbury Basin from KGHM.

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Efforts to cut dependence on Chinese rare earths face hurdles from market slumps and stalled projects.

Can biomaterials help address graphite supply gaps and support a green transition?

Graphite faces significant supply risks and challenges,including a forecasted 777,000tonne deficit by 2030, high reliance on China,and low ESG scores.

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Extreme heat in Australia's Pilbara region challenges iron ore mining, impacting workers and infrastructure amid climate change.

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Caterpillar celebrates 100 years

Caterpillar Inc. will showcase a wide range of equipment, technologies, power options, and services at bauma Munich

2025-02-08 09:36:59 More

Abu Dhabi fund ADQ, Orion team up to invest $1.2 bn in metals, mining

Downstream sectors such as manufacturing are expected to directly benefit from the sourcing of critical raw materials" through the JV, ADQ said.

2025-02-03 09:07:51 More

How to Submit an RFQ to Receive the Best Offers

Create clear RFQs on b2bmineral.com to attract quality offers from verified sellers using advanced tools and secure messaging features.

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Rio Tinto to establish lithium unit post Arcadium acquisition

The new Rio Tinto Lithium unit will manage the $2.5bn Rincon project in Argentina.

2025-01-20 13:18:51 More

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