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Epiroc Appoints Wayne Symes as President Underground Division
January 12, 2024
Epiroc has appointed Wayne Symes president of the underground division and member of group management, effective April 1, 2024. “Wayne is a highly appreciated member of the Epiroc team, who embraces our values including putting customers first and building for
De Beers Approves $1B to Transition Jwaneng Mine from Open Pit to Underground Operations, Botswana
January 11, 2024
The board of Debswana, the 50:50 diamond mining joint venture between De Beers Group and the Government of the Republic of Botswana, has approved investment for a key development phase of the Jwaneng underground project, paving the way for the
ETC Holdings to Acquire Shanta Gold for $179 Million
January 5, 2024
Saturn Resources (Bidco), a wholly-owned subsidiary of ETC Holdings (Mauritius), has reached an agreement to acquire East Africa-focused Shanta Gold for around $179 million (£141.95 million). As agreed, Bidco will buy the entire issued and to be issued share capital
Luna Innovations Acquires UK-base Silixa in $38 Million Deal
January 5, 2024
Luna Innovations has acquired Silixa, a UK-based leader in distributed fiber optic sensing solutions. The acquisition further propels Luna’s position in the fiber optic sensing market, adding capabilities in distributed acoustic sensing (DAS), distributed temperature sensing (DTS), and distributed strain
Ionic Rare Earths Provisionally Granted Mining License for Makuutu Rare Earths Project, Uganda
January 5, 2024
Ionic Rare Earths Ltd. has been provisionally granted the Makuutu Central Zone large scale mining license (LML) over retention license (RL), pending receipt of formally signed documents and gazetting in Uganda. The license clears the way for mining at the
LG Chem Takes Leap as Top Cathode Supplier in U.S. with Groundbreaking of Tennessee Plant
January 4, 2024
LG Chem has commenced the construction of a cathode plant in the U.S., intending to establish a production hub for the global battery material market. The facility, located in Montgomery County, Clarksville, Tennessee, will locally produce cathode materials optimized for
Adventus Mining Clears Final Consultation Phase Clearing Way for Environmental Permit, Ecuador
January 4, 2024
Adventus Mining is inching closer to the construction phase of its El Domo-Curipamba Copper Gold Project in Ecuador, revealing it has completed the final consultation phase of the environmental consultation process with high local approval. The project, which is said
Galiano Gold to Acquire Gold Fields Stake in Asanko Mine for $170 Million, Ghana
January 4, 2024
Galiano Gold has entered into a binding share purchase agreement (SPA) with subsidiaries of Gold Fields Limited to acquire Gold Fields’ 45 percent interest in the Asanko Gold Mine (AGM). The two companies currently hold 45 percent stake each in
Orano Mining to Establish Mongolia’s First Uranium Mining and Processing Venture
January 3, 2024
Mongolia’s exports are 90 percent dependent on natural resource extraction. In October 2023, during a state visit to France, Mongolian President Ukhnaa Khurelsukh signed a landmark agreement that paved the way for a US$1.7 billion investment by French government-owned Orano
Epiroc Launches New Digital Solutions for Surface Mining
December 29, 2023
Epiroc said it is expanding its digital solutions in the surface mining industry. The launch for surface mines includes the new release for safe blasting, Blast Support. The offering entails a new release of Situational Awareness, which has a new
