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Freeport Indonesia Suspends Some Work at Grasberg Mine After Floods
February 13, 2023
Copper miner Freeport Indonesia temporarily halted mining and processing work at its Grasberg mine after heavy rain flooded part of its concentrate mill and damaged parts of a road, a top company official, Tony Wenas, said on Sunday. The company
Thungela Resources to Acquire Controlling Interest in Ensham Coal Mine for $240 Million, Australia
February 9, 2023
Thungela Resources Limited said it has entered into agreements to acquire a controlling interest in the Ensham coal mine, located within the well-established and infrastructure-enabled southern Bowen Basin in Queensland, Australia. The South Africa-based energy firm said it will acquire the
Brazil Regulator Approves BHP’s $6.6 Billion Takeover of OZ Minerals
February 8, 2023
Australian copper and gold producer OZ Minerals has received the clearance from Brazilian competition regulator for its A$9.6 billion ($6.61 billion) buyout by mining giant BHP Group. The approval for BHP Lonsdale’s takeover of OZ Minerals via a scheme of
Fortescue’s Iron Bridge Magnetite Project on Track to Begin Production in March, Australia
January 31, 2023
Fortescue Metals Group said the first production at its Iron Bridge magnetite project in the Pilbara region of Western Australia as expected will commence by the end of the March 2023. The magnetite mine will yield 22 million tonnes per
New Independent Global Tailings Management Institute Formed to Drive Mining Safety Standards
January 26, 2023
The United Nations Environment Programme (UNEP) and the Church of England Pensions Board (representing the Principles for Responsible Investment PRI) has formed an independent Global Tailings Management Institute (GTMI) aimed at driving mining industry safety standards. The announcement made at
Sigma Lithium Begins Commissioning of Greentech DMS Plant, Brazil
January 25, 2023
Sigma Lithium has announced the initiation of the commissioning of the Dense Medium Separation (DMS) module of the production plant (Greentech Plant) at its Grota do Cirilo project in Brazil one month ahead of schedule and within budget. The company
Tantalex Lithium Resources Gets First Payment of $3M to Build Tin, Tantalum Concentrate Plant, DRC
January 25, 2023
Tantalex Lithium Resources obtained a revolving finance facility of US$3 million earlier this month for it’s TiTan tin and tantalum concentrate plant. Construction at the plant has resumed and transportation of the plant modules from Manono, Democratic Republic of the
Imdex to Acquire Norwegian Mining Technology Company Devico for $223 Million
January 19, 2023
Australia-based Imdex has agreed to acquire rival mining technology company Devico in a deal that values the latter at A$324 million ($223 million). Based in Norway, Devico is a provider of directional core drilling services and borehole surveying solutions. The
American Resources Subsidiary ReElement Technologies Inks MOU for Lithium Ore Refinement Shipments
January 18, 2023
American Resources Corporation’s wholly-owned subsidiary, ReElement Technologies, has entered into a memorandum of understanding (MOU) with Continental Lithium to begin trial shipments of lithium spodumene ore to ReElement Technologies’ Noblesville, Indiana facility to refine into high-purity (99.9 percent+) lithium carbonate
NEO Battery Materials Receives Construction Permit Approval for Silicon Anode Commercial Plant
January 18, 2023
NEO Battery Materials Ltd. has announced that the city of Pyeongtaek in South Korea’s Gyeonggi Province has approved the construction permit for its silicon anode commercial plant following a “rigorous examination and due diligence period.” With an initial capacity of
