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Mexico Finds Remains of Some of the 63 Miners Who Died 18 Years Ago at the Pasta de Conchos Mine
June 14, 2024
Mexican authorities announced Wednesday that they found the remains of some of the 63 miners who were trapped 18 years ago in a coal mine in northern Mexico. The accident occurred at the Pasta de Conchos Mine in the state
U.S.-Saudi Petrodollar Pact Ends After 50 Years
June 13, 2024
The 50-year-old petrodollar agreement between the U.S. and Saudi Arabia was just allowed to expire. The term “petrodollar” refers to the U.S. dollar’s role as the currency used for crude oil transactions on the world market. This arrangement has its
IEA Report: Global Spending on Clean Energy Technologies, Infrastructure to Hit $2 Trillion in 2024
June 13, 2024
Global spending on clean energy technologies and infrastructure on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies Despite pressures on financing, global investment in clean energy is
Europe’s Largest Deposit of REE Discovered at Rare Earths Norway’s Fen Carbonatite Complex
June 12, 2024
Norwegian mining company Rare Earths Norway (REN) said a mineral resource estimate shows its Fen Carbonatite Complex (FCC) hosts continental Europe’s largest deposit of rare earth elements. After three years of targeted exploration, REN delivered a maiden mineral resource estimate
Colombia to Suspend Coal Exports to Israel Over War in Gaza
June 11, 2024
Colombian President Gustavo Petro announced on Saturday that his country will suspend coal exports to Israel over the war in Gaza, as relations sour between two countries that were once close military and commercial allies. Petro wrote on the social
Copper Miners Flock to Argentina’s Mendoza Province as It Gets More Mining Friendly
June 10, 2024
Argentine authorities are planning to open a large section of land in the Andes Mountains to copper miners through expedited environmental permitting. Deposits were identified in this area of the Mendoza province several years ago, but they have historically been
Sandvik Acquires Workholding Fixtures Specialist PDQ
June 7, 2024
Sandvik has acquired PDQ Workholding, a leading U.S.-based company specializing in custom workholding fixtures and tooling for various industries, including segments like aerospace, automotive and energy. PDQ will be reported in Walter, a division within Sandvik Manufacturing and Machining Solutions,
Sleipner Finland Unveils Fully Electric and Autonomous Transport System for Mines
June 7, 2024
Sleipner Finland has unveiled a new generation of fully electric and autonomous transport system for moving mining and construction equipment. The world premiere of the new emission-free transport system took place at the Electric Mine 2024 event for mining professionals
Endeavour Mining Starts Wet Commissioning at Lafigué Gold Project in Côte d’Ivoire, West Africa
June 7, 2024
Endeavour Mining said wet commissioning activities are now underway at the Lafigué Project in Côte d’Ivoire. The project is on budget, with construction now 94 percent complete, and the first gold pour is expected to take place in late-June, a
Metso Invests $163 Million in a Modern Technology Center in Tampere, Finland
June 7, 2024
Metso will gradually move its current operations in Hatanpää, Tampere, to a new Lokomotion technology center to be built in Lahdesjärvi, Tampere. In the future, Metso will design, test, and manufacture technologies, equipment, and components in Lahdesjärvi for the production
