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Happy Independence Day!
July 4, 2025
July 4th marks the official founding of the United States in 1776. It is a national holiday filled with fireworks, parades, and patriotic pride. But beyond the festivities lies a powerful story of revolution, resilience, and the birth of a
Perenti Secures $714 Million Contract for Endeavour Mining’s Mana Complex, West Africa
June 30, 2025
Through its joint venture subsidiary business, Underground Mining Services Burkina Faso SARL, Parenti has signed a new five year contract for delivery of underground mining operations at the Siou and Wona areas of the Mana complex for SEMAFO Burkina Faso,
Burkina Faso Nationalizes Five Assets, Displays Risks of Investing in Africa
June 26, 2025
The Government of Burkina Faso has nationalized five gold mining assets and given them over to Société de Participation Minière du Burkina (SOPAMIB), a state operated miner. This finalizes a process that started August of last year to increase control
AIC Mines Secures $55 Million for Eloise Plant Expansion, Development of Jericho Copper Mine
June 25, 2025
AIC Mines Limited has successfully secured $55 million through a placement of new shares to institutional and sophisticated investors, aimed at funding the expansion of the Eloise Processing Plant and the development of the new Jericho Copper Mine. The placement,
Sandvik Enhances Bolting Efficiency with New Resin System
June 24, 2025
Sandvik Mining and Rock Solutions continues innovation in underground mining with a new pumpable resin system. This technology improves bolting speed and enhances safety across harsh and complex underground operations. The system integrates with DS412i and DS412iE bolters, and is
Rio Tinto and Hancock Prospecting to Invest $1.6 Billion to Develop Hope Downs 2 Project, Australia
June 24, 2025
Rio Tinto and Hancock Prospecting will invest $1.61 billion (Rio Tinto share $0.8 billion) to develop the Hope Downs 2 Iron Ore Project in Western Australia’s Pilbara region. The Hope Downs 2 project, to mine Rio Tinto and Hancock Prospecting’s
Fatality at First Quantum Minerals’ Trident Operation, Zambia
June 24, 2025
First Quantum Minerals said an employee at the Trident Pperation passed away following an incident involving a dump truck at the Sentinel pit. The relevant local authorities have been notified about the accident and the company will fully cooperate in
Inflection Resources to Acquire Portfolio of Australian Copper-Gold Projects from Newmont
June 20, 2025
Inflection Resources has entered into definitive agreement to acquire an 100 percent interest in a portfolio of Australian copper-gold exploration projects in New South Wales and the Northern Territory from subsidiaries of Newmont Corporation. “We are pleased to announce the
Rio Tinto Reaches $138.75 Million Settlement Over Mongolian Mine
June 19, 2025
Rio Tinto agreed to pay $138.75 million to settle a lawsuit that accused the Anglo-Australian mining giant of defrauding investors by concealing problems with its $7 billion underground expansion of the Oyu Tolgoi copper and gold mine in Mongolia. A
President Trump Approves Historic Partnership Between U. S. Steel and Nippon Steel
June 17, 2025
United States Steel Corporation and Nippon Steel Corporation said President Trump has approved the companies’ historic partnership that will unleash unprecedented investments in steelmaking in the United States, protecting and creating more than 100,000 jobs. On May 30, 2025, the
