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Freeport-McMoRan Publishes Its 2023 Sustainability Annual Report
April 26, 2024
Freeport-McMoRan has published its 2023 Annual Report on Sustainability detailing its environmental, social, and governance performance during the year. This report marks FCX’s 23rd year of reporting on its sustainability progress. “Our sustainability programs are at the forefront of our
Anglo American Confirms Offer from BHP Group
April 25, 2024
The board of Anglo American has confirmed the recent press reports and said it is has received an unsolicited, non-binding, and highly conditional combination proposal from BHP Group Limited. The proposal comprises an all-share offer for Anglo American by BHP
TMC, SGS Canada Produce World-First Nickel Sulfate from Deep-Seafloor Polymetallic Nodules
April 24, 2024
The Metals Company (TMC) has successfully produced the world’s first nickel sulfate derived exclusively from seafloor polymetallic nodules. The sulfate was generated during bench-scale testing of its hydrometallurgical flowsheet design in partnership with SGS Canada at their Lakefield, Ontario facility.
G Mining Ventures and Reunion Gold to Merge in $638 Million Deal
April 24, 2024
G Mining Ventures Corp. (GMIN) and Reunion Gold Corporation (RGD) have entered into a definitive agreement to combine the two companies, setting the stage for the creation of a leading intermediate gold producer. Through the transaction, GMIN will acquire RGD’s
Cummins Begins Field Testing of Its Mining Hybrid (Diesel-Battery) Truck Solution
April 23, 2024
Cummins said it has commissioned its diesel hybrid solution in partnership with one of China’s leading rigid mining truck manufacturers, North Hauler Joint Stock Co. demonstrating progress in decarbonization for industrial customers. The hybrid NHL NTH260, a 220 metric ton
Boliden, Epiroc, and ABB Make First Battery-electric Truck Trolley System for Underground Mining
April 22, 2024
Boliden, Epiroc, and ABB have passed a new technology milestone by successfully deploying the first fully battery-electric truck trolley system on an 800-meter-long underground mine test track in Sweden, with a 13 percent incline. This means the mining industry is
Australia’s Westgold to Acquire Karora Resources in $808 Million Deal
April 19, 2024
Australia’s Westgold Resources said on Monday it had agreed to acquire Toronto-listed Karora Resources in a cash-and-stock deal worth about A$1.23 billion ($808.36 million), seeking its gold assets in Western Australia. The deal will propel the combined group to become
Sibanye-Stillwater Could Cut 4,000 Jobs as It Restructures Gold Operations in South Africa Region
April 18, 2024
Diversified miner Sibanyed-Stillwater’s planned restructuring of its South African gold operations could cut 4,022 jobs, the South African company said on Thursday, with unions vowing to fight the layoffs. In a statement, the company, which suffered an annual loss of
Peabody Completes $136 Million Acquisition of Wards Well Coal Deposit, Australia
April 17, 2024
Peabody has completed the acquisition of Wards Well coal deposit. In October, the company reached an agreement to acquire a large portion of the Wards Well coal deposit immediately adjacent to the company’s Centurion Mine Complex, for cash consideration of
U.S. Steel Shareholders Approve Nippon Steel’s $14.1 Billion Takeover Offer
April 17, 2024
United States Steel shareholders voted in favor of a $14.1 billion takeover offer by Nippon Steel, leaving the fate of the deal for the iconic American steelmaker to the realm of U.S. regulators and politics. Investors of U.S. Steel endorsed
