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NEWS Click on text to read news by category: General | Product | People | Worldwide

ABB to Acquire Siemens Low Voltage NEMA Motor Business

September 1, 2022

ABB has signed an agreement to purchase Siemens’ low voltage NEMA motor business. With manufacturing operations in Guadalajara, Mexico, this acquisition provides a well-regarded product portfolio, a longstanding North American customer base, and an experienced operations, sales, and management team.

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Shanta Gold Says Singida Mine 70% Complete, First Gold Early Next Year, Tanzania

August 31, 2022

Shanta Gold Limited’s Singida gold mine in Tanzania is on track for first production early in 2023 with 70 percent of the construction work now complete. “We are delighted with the great progress being made at Singida, with construction on

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MSHA: Tunnel Ridge Miner Killed August 17 Died in Fall After Locomotive Struck Car

August 31, 2022

A coal miner who died last week at a northern West Virginia underground mine was sitting on a supply car that was struck by a locomotive, federal regulators said. William A. Richards, 38, of Cadiz, Ohio, was killed in the

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Montana Tech Alumnus to Establish $1M Endowment to Fund Scholarships for Mining Extraction Industry

August 31, 2022

A Montana Tech alumnus and retired international mining executive has established a $1 million endowment that will be used to fund scholarships for students studying in fields that support the mining extraction industry. Arthur H. “Art” Ditto has pledged to

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Steppe Gold Advancing Phase 2 Expansion at ATO Mine, New Crusher Nearing Completion, Mongolia

August 31, 2022

Steppe Gold Limited has revealed it is going full pelt with its Phase 2 expansion plan at the ATO gold mine in Mongolia after receiving a landmark power agreement and a new fixed crusher, which is expected to be completed

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Vital Battery Metals to Acquire Sting Copper Project, Canada

August 30, 2022

Canada-based mineral exploration company Vital Battery Metals has entered into an option agreement to acquire 100 percent of the Sting copper project in Canada. The Sting project is located 14km south of the town of Trout River in the province

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DOE Launches $675 Million RFI to Expand Domestic Critical Materials Supply Chains

August 30, 2022

The U.S. Department of Energy (DOE), issued a request for information (RFI) on the development and implementation of a $675 million critical materials research, development, demonstration, and commercialization program. Funded by Infrastructure Law, the program will address vulnerabilities in the

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LG Energy and Honda Motor to Build $4.4 Billion EV Battery Facility in the U.S.

August 30, 2022

South Korea-based battery manufacturer LG Energy Solution (LGES) and Japanese automobile company Honda Motor have agreed to form a new joint venture (JV) company. The new JV will focus on production of lithium-ion batteries in the US, to power Honda

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Epiroc to Acquire South African Mining Equipment Manufacturer, AARD Mining Equipment

August 30, 2022

Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, has signed an agreement to acquire AARD Mining Equipment, a South African mining equipment manufacturer. AARD, based near Johannesburg, South Africa, designs, manufactures, services, and supports a

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Nevada Copper Releases Restart Plan and $93M Financing Package for Its Pumpkin Hollow Copper Mine

August 29, 2022

Nevada Copper Corp. said it has agreed to non-binding terms with its financing partners for liquidity of up to $93 million to support the restart and ramp-up of its Pumpkin Hollow copper mine in Yerington, Nevada. The company said non-binding

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