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Rithmik Solutions Secures $2 Million in Funding to Revolutionize Mobile Mining Equipment Management
April 12, 2024
Rithmik Solutions has closed on a $2 million funding round. This investment was spearheaded by a syndicate of new and existing investors, demonstrating strong confidence in Rithmik’s innovative approach to reducing greenhouse gas emissions, enhancing equipment uptime, and improving operational
Piedmont Lithium Positions Itself as Key Player in U.S. Lithium Supply Chain
April 12, 2024
Pivotal player in the U.S. electric vehicle supply chain Piedmont Lithium has released a comprehensive update on its corporate and project developments. The North American Lithium (NAL) operation, a joint venture with Sayona Mining in Quebec, reported record production of
Rio Tinto Spends More than $10.5 Billion with Suppliers in Australia
April 12, 2024
Rio Tinto increased its spending with suppliers and local businesses in Australia to more than $10.475 billion (A$16.1 billion) in 2023, as part of the company’s ongoing commitment to support communities where it operates. This was an increase of 5
Two Fatalities at Newmont’s Cerro Negro Mine, Argentina
April 11, 2024
Newmont has confirmed the passing of two of its workers at its Cerro Negro mine in Argentina. Details regarding the cause of the death are currently under investigation. Both teammates worked in Newmont’s technical services team. Newmont said authorities have
Australian Magnate Rinehart Takes Stake in U.S. Miner MP Materials
April 11, 2024
U.S. rare-earths producer MP Materials said Australian billionaire Gina Rinehart’s mining firm had taken a 5.3 percent stake in the company, expanding her investments in the mineral ore sector. In a regulatory filing last week, the Nevada-based miner said Hancock
DOE Awards $15 Million to Launch Innovations for Long Duration Energy Storage
April 11, 2024
The U.S. Department of Energy’s Office of Electricity (OE) released the names of the selectees of $15 million in awards at the Long Duration Energy Storage (LDES) Council Summit on April 8, 2024. These awards are through the Storage Innovations
Missouri S&T Professor Dr. Samuel Frimpong Wins SME’s Mineral Industry Education Award
April 11, 2024
Dr. Samuel Frimpong, vice provost for graduate education at Missouri S&T, was honored with the Society for Mining, Metallurgy and Exploration’s (SME) Mineral Industry Education Award during the 2024 SME Annual Conference and Exhibition in Phoenix. “I am very grateful
Pennsylvania Senate Approves Bill for Framework for Carbon Capture Sequestration
April 11, 2024
The Pennsylvania Senate has approved Senate Bill 831 to establish the legal and regulatory framework for potential carbon dioxide capture, utilization, and sequestration (CCUS) in Pennsylvania, according to Sen. Gene Yaw (R-23), sponsor of the measure. “This legislation is a
Rio Tinto Promotes Bold Baatar to Chief Commercial Officer
April 11, 2024
Rio Tinto has appointed Bold Baatar to the role of chief commercial officer, to lead the group’s commercial and business development activities globally. Bold will succeed Alf Barrios as chief commercial officer, following his decision to retire from Rio Tinto.
Hycroft Mine Exploration Shows New Potential at Its Silver Mine in Nevada
April 10, 2024
Hycroft Mining has reported its 2024 exploration drill program at the Hycroft Mine 55 miles west of Winnemucca is well underway, with assays pending on the initial drill holes. The company says the Hycroft Mine is one of the world’s