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

Freeport-McMoRan CEO Richard Adkerson: U.S. Must Improve Copper Mine Permitting Process

March 19, 2024

The U.S. must improve its mine permitting process if it hopes to boost domestic supplies of critical minerals to power the clean energy transition, the CEO of copper giant Freeport-McMoRan said on Monday. “The U.S. government needs to stop giving

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MineHub Expands Partnership with Sumitomo to Integrate Refined Copper Business

March 19, 2024

MineHub Technologies has expanded its partnership with Sumitomo Corporation further solidifying the collaboration to drive commercial traction and integrate its refined copper business onto the MineHub platform. As part of the extended partnership, Sumitomo will also play a pivotal role

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Barrick Opens Mine Training Academy at Its Closed Buzwagi Mine

March 19, 2024

Barrick Gold has officially opened its world class training academy at the old Buzwagi mine, in line with Barrick’s mine closure objective of leaving a positive legacy after mining has finished. The Barrick Academy is designed to offer tailor-made training

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Australia Invests $550 Million in Arafura’s Critical Minerals Mine and Processing Plant

March 18, 2024

The Albanese Government will provide up to $840 million (US$550 million) to help deliver Australia’s first combined rare earths mine and refinery in the Northern Territory, creating local jobs and securing Australia’s position as a renewable energy superpower. The refinery

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Liontown Resources Secures $363 Million Debt Facility for Kathleen Valley Lithium Project, Australia

March 14, 2024

Liontown Resources Limited has entered into a $363 million (A$550 million) debt facility agreement which is designed to ensure the company’s Kathleen Valley Lithium Project is funded through first production and ramp-up to the 3Mtpa base case. “Liontown is very

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Polish Court Allows Turow Coal Mine to Stay Open for Now

March 14, 2024

A Polish coal mine near the Czech border will be able to continue operating for now, the state news agency PAP reported on Wednesday, following the latest in a series of contradictory court rulings. The previous nationalist Law and Justice

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U.S. Court of Appeals Sides with Apple, Tesla, Other Tech Companies Over Child Labor in Africa

March 8, 2024

A federal appeals court on Tuesday refused to hold five major technology companies liable over their alleged support for the use of child labor in cobalt mining operations in the Democratic Republic of the Congo. In a 3-0 decision, the

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Sinomine Resource Group to Acquire Dundee Precious Metals’ Tsumeb Smelter for $49 Million

March 8, 2024

Dundee Precious Metals (DPM) has entered into a definitive share purchase agreement (SPA) with a subsidiary of Sinomine Resource Group for the sale of its interest in the Tsumeb smelter located in Namibia, including all associated assets and liabilities for

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Hitachi Energy Appoints Andreas Schierenbeck as Chief Executive Officer

March 8, 2024

Hitachi Energy has appointed Andreas Schierenbeck as the new Chief Executive Officer, effective July 1, 2024. Claudio Facchin, Hitachi Energy CEO, will step down at the end of June 2024. Schierenbeck will engage with the Hitachi Energy board, executive team,

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Uranium Firms Revive Forgotten Mines as Price of Nuclear Fuel Soars

March 5, 2024

Across the U.S. and allied countries, owners of left-for-dead uranium mines are restarting operations to capitalize on rising demand for the nuclear fuel. At least five U.S. producers are reviving mines in states including Wyoming, Texas, Arizona, and Utah, where

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