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ServiceNow to Acquire UltimateSuite to Enhance Process Mining and Intelligent Automation
December 28, 2023
ServiceNow has signed an agreement to acquire task mining company UltimateSuite to enhance process mining and intelligent automation across the Now Platform. Through this acquisition, ServiceNow continues to bolster its automation and artificial intelligence (AI) capabilities to help customers identify
U.S. Claims Huge Chunk of Seabed Amid Strategic Push for Resources
December 27, 2023
The U.S. extended its claims on the ocean floor by an area twice the size of California, securing rights to potentially resource-rich seabeds at a time when Washington is ramping up efforts to safeguard supplies of minerals key to future
Dundee Precious Metals to Acquire Osino Resources for $214 Million
December 21, 2023
Canada-based gold mining company Dundee Precious Metals (DPM) has agreed to acquire gold exploration and development company Osino Resources for $214 million (C$287 million). The acquisition includes Osino’s advanced-stage, multi-million-ounce Twin Hills open-pit gold project, along with an extensive exploration
Australia Expands List of Critical Minerals Key to Energy Transition
December 21, 2023
Australia expanded its list of critical minerals deemed crucial to its energy transition and national security needs as the country boosts the strategically and economically important sector. The government added fluorine, molybdenum, arsenic, selenium, and tellurium to the list of
Nippon Steel to Acquire U.S. Steel for $14.9 Billion
December 20, 2023
Nippon Steel Corporation (NSC) and United States Steel Corporation have entered into a definitive agreement to which NSC will acquire U.S. Steel in an all-cash transaction at $55.00 per share, representing an equity value of approximately $14.1 billion plus the
Peabody’s North Goonyella Mine Renamed Centurion Mine
December 19, 2023
Peabody said its North Goonyella Mine will now be known as the Centurion Mine. In October, the company reached an agreement to acquire a large portion of the Wards Well coal deposit adjacent to the existing North Goonyella Mine. The
WA Government Approves Alcoa’s Five-year Plan for Its Bauxite Mining and Downstream Alumina Refining
December 19, 2023
Alcoa Corporation said the Western Australian (WA) Government will allow the company to continue bauxite mining and downstream alumina refining in the state, while also pledging to enhance the way it operates to meet evolving requirements and expectations. The government
Australian Pacific Coal Secures $90 Million to Restart Dartbrook Coal Mine
December 18, 2023
Australian Pacific Coal and joint venture partner Tetra Resources have received major new funding support for their plan to restart the world-class Dartbrook coal mine in New South Wales’ Hunter Valley. Leading global energy and commodities company Vitol Asia has
Soma Gold Receives Prestigious Environmental Award for El Bagre Gold Complex in Colombia
December 12, 2023
Soma Gold Corp. said its subsidiary Operadora Minera SAS (Operadora) has been awarded the highest sustainability seal certification from the regional environmental authority Corantioquia. This recognition is a testament to the company’s commitment to sustainability and responsible practices at its
First Quantum Minerals Cuts 4,000 Jobs After Panama Supreme Court Rejects Mine Operations
December 11, 2023
Canadian firm First Quantum Minerals (FQM) said Friday it was laying off more than 4,000 workers after a court prohibited it from operating the largest open-air copper mine in Central America. The company’s Panamanian subsidiary said in a press release
