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NEWS Click on text to read news by category: General | Product | People | Worldwide

RST Solutions Launches New Technology Dem Hydroboost Pro to Regulate Dust Extinction Moisture

May 10, 2024

A new advanced product for mines to achieve ideal moisture levels to control dust using less water has been launched to the market by leading fine particles specialist RST Solutions. DEM Hydroboost Pro is an advanced dust control solution for

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Regis Resources Approves Development of Two Underground Gold Mines, Western Australia

May 9, 2024

Australian-based gold producer and explorer Regis Resources has approved the development of Garden Well Main and Rosemont Stage 3 underground gold mines in Western Australia in a move to support the company’s underground growth strategy. The new move is also

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Anglo Asian Mining and Caterpillar Sign Vendor Financing Facility Agreement

May 8, 2024

Anglo Asian Mining’s subsidiary, Azerbaijan International Mining Company (AIMC), has signed a vendor financing facility agreement with Caterpillar Financial Services Corporation. In December 2023, AIMC took delivery of a fleet of Cat® underground mining equipment for its new Gilar Mine,

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Mosaic Sells Saudi JV Stake to Ma’aden in $1.5 Billion Deal

May 6, 2024

The Mosaic Company said it has entered into an agreement with the Saudi Arabian Mining Company (Ma’aden) where Mosaic will receive 111,012,433 shares of Ma’aden valued at approximately $1.5 billion in exchange for Mosaic’s current 25 percent stake in Ma’aden

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Fatality at Harmony Gold’s Mponeng Mine in the Gauteng Province, South Africa

May 3, 2024

Harmony Gold Mining Company Limited said an underground construction employee, working on planned rail maintenance, tragically lost his life at its Mponeng mine near Carletonville, in Gauteng Province, on Wednesday, May 1, 2024. The nature of the incident leading to

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Zijin to Acquire Pan American’s La Arena Gold Project for $295 Million, Peru

May 3, 2024

Pan American Silver has agreed to sell its 100 percent interest in La Arena S.A., which owns the La Arena gold mine as well as the La Arena II project in Peru, to Jinteng (Singapore) Mining, a subsidiary of Zijin

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G7 Nations Commit to Phasing Out Coal by 2035, Leaves Flexibility for Coal Reliant Countries

May 3, 2024

Energy and environment ministers of the Group of Seven leading industrialized nations committed Tuesday to phase out coal power by 2035, marking the first time the G7 has explicitly referenced a phase-out, but left flexibility for countries heavily reliant on

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Glencore Releases Its Ethics and Compliance Report

May 2, 2024

Glencore has published its third annual Ethics and Compliance Report in line with its commitment to being a responsible and ethical operator. Similar to the previous editions, this year’s report provides a detailed overview of its ethics and compliance program,

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Barrick Enters Extensive Exploration Partnership with Geophysx Jamaica

May 1, 2024

Barrick Gold has entered into an exploration earn-in agreement with Geophysx Jamaica Ltd. with respect to certain properties located in Jamaica. The agreement initially provides Barrick with access to approximately 4,000 square kilometers of consolidated land positions throughout the country,

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Silvercorp Metals to Acquire Adventus Mining for $146.5 Million

April 30, 2024

Canadian-based precious metals company Silvercorp Metals has agreed to acquire Adventus Mining, a copper-gold exploration and development company, for around $146 million (C$200 million). Under the terms of the arrangement agreement, Silvercorp will acquire all the issued and outstanding common

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