Archives: Base metals

Rio Tinto and Arcadium Lithium PLC have announced a definitive agreement under which Rio Tinto will acquire Arcadium in an all-cash transaction for US$5.85 per share which values Arcadium’s diluted share capital at approximately $6.7 billion. The Transaction the statement said “will bring Arcadium’s world-class, complementary lithium business into Rio Tinto’s portfolio, establishing a global leader[…]

Dena Nezziddi Development Corporation (DNDC), Fireweed Metals Corp and Solvest Inc have partnered to enhance sustainable, economic resource development at the Macpass project, in the Traditional Territories of the Kaska Dena Nation and the First Nation of Na-cho Nyäk Dun. DNDC, based in Ross River, Yukon, through its wholly owned company, Tu-Lidlini Petroleum LP (TLP),[…]

Freeport-McMoRan is to start using robots from US-based Gecko Robotics to generate the required data to feed machine-learning algorithms, attendees of the Financial Times’ Mining Summit 2024, in London, heard last month. Freeport is looking to bolster copper production from its existing assets in expectation of the world requiring more of the red metal, and[…]

Mining activities lead to substantial quantities of tailings and slags containing metallic trace elements, leaving persistent pollutants in the environment and are toxic even in low concentrations. Non-ferrous metals, ferrous metals and rare precious metals are mostly recovered by flotation, and the tailings are generally directly discharged to the tailings ponds for storage or backfilled.[…]

Codelco and ABB have signed a letter of intent to explore a long-term strategic collaboration looking into ways to further decarbonise the state-owned mining company’s numerous operational sites in Chile by deploying digitalisation, automation and electrification solutions. The two companies aim to work together to identify Codelco’s innovation needs as the miner continues to fulfil[…]

At MINExpo 2024 in Las Vegas last week, global miner ERG signed a contract with Epiroc worth more than €32.4 million for the supply of underground mining equipment for the construction of the second stage of the 10th Anniversary of Independence Mine, part of Donskoy GOK in Kazakhstan, which itself is owned by ERG’s chromite[…]

Fleet Space Technologies has announced plans to deploy its end-to-end mineral exploration solution, ExoSphere, to enhance Gold Fields’ data-driven exploration and development of its Salares Norte project in northern Chile. ExoSphere will be used to generate 3D subsurface imaging of the Brecha Principal and Agua Amarga resource areas and surrounds with the aim to generate[…]

Metso has been awarded an order for the delivery of sustainable tailings dewatering technology to an operating copper mine in Africa, with the total value of the order exceeding €20 million ($22 million). Metso’s scope of delivery consists of the engineering and supply of a Planet Positive copper tailings dewatering plant unit including an HRT[…]

Barrick Gold Corporation has awarded Metso a major order for the supply of copper concentrator plant equipment to its Lumwana expansion project in North-Western Province in Zambia. Metso’s scope of delivery includes key equipment for grinding, flotation, thickening, feeding and filtration. The value of the order is approximately €70 million, and it is booked in[…]

FLSmidth’s PerformanceIQ services were first launched at the PERUMIN conference in 2022. Since then, the company says that its positive impact on performance and productivity can be seen in the regions where the services have been launched. With the inauguration recently of the Global PerformanceIQ Hub located in its Global Product and Technology Centre in[…]