Sandvik, Rio Tinto team up on open‑pit autonomous drilling
The partnership combines Rio Tinto’s previous work in ADS and remote operations with Sandvik’s AutoMine automation technology.
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US extends deadline for Trilogy Metals equity stake purchase
Both parties agreed to push back the targeted closing date to July 31.
Barrick weighs UK listing for African assets in $30B tie-up with Endeavour
The move is identical to what Barrick did some 20 years ago with the Acacia spin-off, Reuters said.
Chinese coking coal hits 19-month high on supply concerns
Provincial-level mine safety meeting in coal-rich Shanxi reinforced supply concerns stoked by production halts.
Orla halts Mexico mine operations amid worker blockade
Union has stopped operations at Camino Rojo, creating uncertainty around production at Orla’s flagship gold mine.
Activist shareholder Elliot built A$1B stake in Northern Star
This would place Elliot amongst the top 5 shareholders, joining the likes of Van Eck Associates and BlackRock.
Gold price falls nearly 2% as Middle East tensions escalate again
Spot gold set a weekly low of $4,450/oz. during the early trading hours.
EU starts first investment roadshow in South Africa targeting minerals
"The best way to decrease dependencies is to diversify, and South Africa plays an important role," says chairman of the EU Parliament's foreign affairs committee.
Cameco pays $83M to boost Cigar Lake ownership
Upon closing, Cameco's ownership of the mine will rise to 57.418%.