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Indonesia Coal Production 2024 Sets the Highest Record in History
January 13, 2025
The Ministry of Energy and Mineral Resources (ESDM) has recorded extraordinary achievement in the coal sector throughout 2024, with national coal production reaching 830.48 million tons, exceeding the target set at 710 million tons. The realization is equivalent to 116.97
Hindustan Copper Names South West Mining Ltd. as Mine Developer to Revive Rakha Mine
January 13, 2025
Hindustan Copper Limited (HCL) has appointed South West Mining Limited (SWML) as the Mine Developer cum Operator to reopen and expand its Rakha Copper Mine in East Singhbhum, Jharkhand, according to a press release issued on January 10, 2025. The
Hudbay Invests $13.8 Million in Arizona Sonoran to Advance Its Cactus Copper Project
January 10, 2025
Arizona Sonoran Copper Company said Hudbay Minerals has agreed to subscribe for 11,852,064 common shares of the company in a non-brokered private placement for total consideration of $13.8 million (C$19,911,467). Closing is expected to occur on or about January 30,
Arch Resources and CONSOL Energy Stockholders Approve Pending Merger
January 10, 2025
Arch Resources and CONSOL Energy said both companies’ stockholders voted to approve all proposals in relation to the pending combination of CONSOL and Arch. Arch and CONSOL will both file the final certified voting results for their respective special meetings
North Bay Resources Begins Processing Ore at Its Fran Gold Project
January 10, 2025
North Bay Resources said it has acquired, installed, and began processing ore from its Fran Gold Project using new gravity separation and gold recovery equipment at its Bishop Gold Mill. Microscopic analysis of the concentrate has shown significant recovery of
Caterpillar Kicks Off Its Next 100 Years of Innovation and Industry Leadership
January 10, 2025
Caterpillar has marked its 100th anniversary with celebrations throughout the U.S. that commemorate a monumental moment in the company’s history. The iconic manufacturing company officially turns 100 on April 15, marking a century of customer-centric innovation and industry-leading transformation. The
Ivanhoe Electric and BHP Exploration Alliance Advance Exploration Activities in the Southwest U.S.
January 9, 2025
Ivanhoe Electric released an update on the activities of the BHP Exploration Alliance in the Southwest U.S. “The Basin and Range province of the Southwest U.S. remains one of the most promising frontiers for porphyry exploration. Together with BHP, we
BWXT Enters Agreement to Acquire Kinectrics for $525 Million
January 9, 2025
BWX Technologies has entered into an agreement to acquire Kinectrics for approximately $525 million. Kinectrics is a leader in providing lifecycle management services for the global nuclear power and transmission and distribution markets, and in the production and supply of
Equinox Gold Extends Fazenda Mine Life by Seven Years, Brazil
January 9, 2025
Equinox Gold Corp has released an updated mineral reserve and mineral resource estimate for its Fazenda Mine that has extended the Fazenda mine life to 2033. Fazenda has been operating in Bahia State, Brazil since 1984 as a combined underground
Alta Resource Technologies Raises $5.1M to Transform Mineral Separation With Advanced Biochemistry
January 8, 2025
Alta Resource Technologies has raised $5.1 million in an oversubscribed seed round co-led by DCVC and Voyager Ventures, with participation from Orion Industrial Ventures, Overture, and WovenEarth Ventures. Alta, whose technology uses custom-designed proteins that act like microscopic robots to
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