Archives: Mineral commodities

General Motors Co and Lithium Americas Corp have announced they will jointly invest to develop the Thacker Pass mine in Nevada, which is the largest known source of lithium in the United States and the third largest in the world. Under the agreement, GM will make a $650 million equity investment in Lithium Americas, which[…]

A Komatsu Joy 7LS5 shearer recently began production at Arch Resources’ West Elk thermal coal mine in Colorado, making it the sixth operating Joy 7LS5 shearer in the US. Komatsu states: “The reliable 7LS5 model shearer was introduced in 1999 to Peabody Energy Shoal Creek mine as a solution in mid-to-high seams in some of[…]

Compania Minera Sierra Gorda SCM (KGHM 55%; South32 45%) has announced that it has started to operate from this month with 100% renewable energy. This achievement is part of the company’s sustainability objectives and represents the removal of the emission of around 1 Mt of CO2 per year. The presentation of this important news took[…]

FLSmidth’s Capital Markets Day on January 18, 2023 marked the culmination of a major portfolio review that really ramped up on the completion of its acquisition of thyssenkrupp’s mining business on September 1, 2022. But the overall change at FLSmidth also runs much deeper – Group CEO Mikko Keto also said during the CMD event[…]

Swedish iron ore miner LKAB says it has identified significant deposits of rare earth elements in the Kiruna area, metals which are essential for, among other applications, the manufacture of electric vehicles and wind turbines. Following successful exploration, the company reports mineral resources of rare earth metals exceeding 1 Mt of rare earth oxides making[…]

Barrick Gold Corporation has signed new joint venture agreements with Ma’aden for two prospective exploration projects comprising the Jabal Sayid South and Umm Ad Damar license areas. These new prospective joint ventures significantly expand Barrick’s exploration footprint in Saudi Arabia, grow the Ma’aden Barrick partnership and open up potential synergies with the neighbouring Jabal Sayid[…]

Civmec has secured the award of a major contract worth more than A$330 million for the Rio Tinto Western Range Project at their Paraburdoo iron ore site in the Pilbara region of Western Australia. The iron ore project includes greenfields and brownfields scope with the construction of a new Run of Mine (ROM) pad, primary[…]

Law firm Watson Farley & Williams (WFW) is advising the Republic of Guinea on the $15 billion Simandou iron ore project, which it cites as the world’s largest mining and related rail and port infrastructure project today, and recently reviewed its role and the progress made to date. The Simandou project involves the exploitation of[…]

Thiess is one of the largest global surface mining services companies today, with fast growing businesses in metals and minerals, rehabilitation, technology and technical services. The term mining services is deliberate – because it is no longer enough to describe Thiess as a contractor, with many of its client relationships equating to long term alliances.[…]

NRW Holdings Ltd advises that its wholly owned subsidiary, Golding Contractors Pty Ltd has entered into a five year Mining Services Agreement with Jellinbah Mining Pty Ltd at the Jellinbah East coal mine in Central Queensland. The scope includes mining pre-strip overburden, operating and maintaining an existing 600 t excavator and 220 t rear dump[…]