Westgold to buy Karora Resources in $808 million deal
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.
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Western miners lag as oil powers enter race for Africa’s critical metals
Risk aversion is likely to leave major Western miners lagging in a race to tap Africa’s reserves of critical raw materials that has gathered pace now Middle Eastern oil powers have begun to emulate China’s years of investment on the continent.
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Plane carrying Rio Tinto workers crashes in Canada’s Northwest
Six people were killed after a small plane carrying global miner Rio Tinto’s workers crashed near Fort Smith in Canada’s remote Northwest Territories (NWT) on Tuesday, the NWT Coroner Service said on Wednesday.
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Plane carrying Rio Tinto workers crashes in Canada’s Northwest, six dead
A small plane carrying Rio Tinto (ASX, LON: RIO) workers crashed near Fort Smith in Canada’s remote Northwest Territories on Tuesday during a flight to its Diavik diamond mine, killing six people on board.
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More than 40 killed in artisanal mine collapse in southwest Mali
More than 40 artisanal gold miners were killed in southwest Mali last week after the shaft they were working in collapsed, Mali’s mines ministry said on Wednesday.
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enCore Energy becomes newest US uranium producer after Rosita restart
Mining News Pro - enCore Energy has officially become a uranium producer, with the restart of the South Texas Rosita in-situ uranium central processing plant.
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Western miners seek premium pricing for rare earth metals to break China grip
Mining News Pro - A handful of Canadian, German and Australian critical mineral explorers plan to command premium prices for key metals used in electric vehicles, promising quality and consistency in exchange for shifting reliance away from China, the dominant producer and price-setter.
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Suriname seeks to attract investors to develop bauxite in country’s west
Mining News Pro - Suriname’s government has launched a process to attract potential investors to develop bauxite projects in the so-called Bakhuis area in the west of the country, it said in a statement on Saturday.
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Russia becomes UAE’s top gold source after being shut out of west
Mining News Pro - Russia became the United Arab Emirates’ top source of gold last year after Western countries imposed sanctions on supplies following the Kremlin’s invasion of Ukraine.
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Synthetic graphite for EV batteries: Can the West crack China’s code?
Mining News Pro - New investments in the United States and Europe aim to challenge China’s stranglehold on a key ingredient used in most electric vehicle batteries – graphite – but industry experts said that will be an uphill battle.
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De Beers to aid employees in evacuation amid wildfires in Canada’s Northwest Territories
Mining News Pro - Anglo American unit De Beers Group said on Thursday it was assisting some employees at its Gahcho Kué diamond mine in Canada’s Northwest Territories whose families were residing in the Yellowknife region and were asked to evacuate due to wildfires.
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De Beers to aid employees in evacuation amid wildfires in Canada’s Northwest Territories
Mining News Pro - Anglo American unit De Beers Group said on Thursday it was assisting some employees at its Gahcho Kué diamond mine in Canada’s Northwest Territories whose families were residing in the Yellowknife region and were asked to evacuate due to wildfires.
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Westgold turns to green power
Mining News Pro - Westgold Resources has commenced operation of four new hybrid power facilities to power its Western Australian operations.
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Copper price lowest in 3 months on weak economic data out of China
Mining News Pro - Copper prices fell on Friday after data demonstrating the sluggish nature of China’s post-pandemic recovery.
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Western Australia to scrap 2021 Aboriginal heritage protection laws
Mining News Pro - Western Australia will overturn its 2021 Aboriginal cultural heritage protection laws, introduced after the destruction of the ancient Juukan Gorge rock shelters, in response to opposition from landowners, the state’s premier said on Tuesday.
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WesTrac expands with Palantir
Mining News Pro - Caterpillar dealer WesTrac has announced an enterprise expansion of its partnership with Palantir Technologies.
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Rare earths prices sink to lowest since 2020 as China ramps up supply
Mining News Pro - Prices for rare earths sank to their lowest since late 2020 this week as soft demand from green energy companies and the automotive sector combined with rising supply from top producer China, analysts said on Thursday.
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MinRes’ acquisition of Norwest completed
Mining News Pro - After being engaged in takeover talks since December 2022, Mineral Resources has finalised its acquisition of Norwest Energy.
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Record the lowest amount of graphite electrode consumption in the steelmaking area
Mining News Pro - The amount of electrode consumption in the steelmaking section of Mobarakeh Steel Company in April 2022 was 1.76 kg per ton of melt, which decreased to 1.60 kg per ton of melt in April of this year.
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Sibanye resumes underground production at Stillwater West after shaft repairs
Mining News Pro - Sibanye-Stillwater has resumed production at its Stillwater West platinum group metals (PGM) mine in Montana after repairing the shaft infrastructure that was damaged during an incident in March.
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Iron ore price lowest in 3 months on China’s rumored plan to cap steel output
Mining News Pro - Pessimism about steel demand in China weighed on iron ore prices on Thursday, even as traders watched a powerful cyclone that could disrupt shipments from top supplier Australia.
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IGO secure land for first integrated battery material facility in Western Australia
Mining News Pro - IGO Limited (ASX: IGO) and Wyloo Metals announced Friday that land has been secured at Kwinana for their proposed integrated battery material facility in Australia.
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Cyclone Ilsa hits Australia’s northwest, spares iron ore export hub
Mining News Pro - A tropical cyclone smashed Australia’s northwest coast as a category 5 storm, setting new wind speed records, but has largely spared populated regions including the world’s largest iron ore export hub, authorities said on Friday.
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BHP trials renewable fuel at Yandi iron ore operations in Western Australia
Mining News Pro - The world’s biggest miner, BHP said Thursday it is trialling the use of Hydrotreated Vegetable Oil (HVO) to help power mining equipment at its Yandi iron ore operations in Western Australia.
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the Western world must end China’s stranglehold of rare earths
Mining News Pro - Jason Mitchell argues that the war in Ukraine has shown why it is absolutely vital that the United States and the Western world develop their own supply chain for rare earth elements.
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