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Fatality from Explosion at Fortuna’s Séguéla Mine, West Africa
February 26, 2025
Fortuna Mining said a fatal accident occurred yesterday at the Séguéla Mine. The tragic incident took place while an employee of Mapa Protection Incendie (MPI), a specialized service provider to the mine contractor Mota Engil, was conducting a planned refilling
Compass Gold on Track to Commence Production at Massala Mine, Mali
February 25, 2025
Compass Gold has released an update on its plans to produce gold at the Massala Prospect located along the Tarabala Trend, which is contained within the company’s Sikasso Property in southern Mali. “Our Compass team has nearly completed the required
Anglo American, Codelco Enter $5B Joint Mine Plan for Los Bronces and Andina Copper Mines
February 24, 2025
Anglo American has signed a memorandum of understanding (MOU) between its 50.1 percent owned subsidiary Anglo American Sur SA (AAS) and the Chilean state-owned mining company Codelco for a framework to implement a joint mine plan for the two companies’
Anglo American to Sell Its Nickel Business to MMG in $500 Million Deal
February 20, 2025
Anglo American has entered into a definitive agreement to sell its nickel business to MMG Singapore Resources, a wholly owned subsidiary of MMG Limited for a cash consideration of up to $500 million. The nickel business comprises two ferronickel operations
Ionic Rare Earths to Reduce REO Production CO2 Footprint by 30-50% Compared to Existing Producers
February 19, 2025
In a major economic and ESG win for Ionic Rare Earths Ltd, a preliminary life cycle assessment on subsidiary Ionic Technologies’ magnet recycling process has revealed substantial reductions in carbon emissions compared to existing primary rare earth sources. A 30-50
Rio Tinto Donates $476,000 to Queensland Flood Relief and Recovery Efforts
February 19, 2025
Rio Tinto has donated $476,000 (A$750,000) to support disaster relief efforts for those impacted by the widespread floods in North Queensland. The funds will support the work of key organizations, including the Queensland Royal Flying Doctors Service (RFDS) and the
Jennmar Acquires SSAB’s Expandable Rock Bolt Production Facility in Virsbo, Sweden
February 14, 2025
Jennmar, a FalconPoint Partners portfolio company, said it has acquired SSAB’s expandable rock bolt production facility in Virsbo, Sweden. This strategic acquisition strengthens Jennmar’s position as a key player in the global mining industry, broadening its product portfolio and establishing
South32 Gains Federal Approval to Extend Worsley Alumina Operations, Australia
February 12, 2025
Australian miner South32 said on Wednesday that it had received environmental approval from the federal government to extend the operational life of its Worsley Alumina facility in Western Australia. South32 owns 86 percent of Worsley Alumina, which began operations about
U.S. Coal Exports to India Expected to Rise Due to China Tariffs
February 12, 2025
The United States is expected to boost coal exports to India after China imposed tariffs on energy imports from the U.S., five industry officials said, potentially eroding Australia and Russia’s market shares in the Indian market. China’s Finance Ministry last
Pembroke Secures $875 Million to Expand Olive Downs Coal Complex, Australia
February 12, 2025
Bowen Basin miner Pembroke Resources has raised about $875 million to refinance debt facilities and support the expansion of its Olive Downs Coal Complex. The finance comes in the form of senior secured bonds in the Nordic Corporate Bond Market,
