Archives: Mineral exploration

Saudi Arabia is using its investment power to create a more diverse and sustainable economy through its Vision 2030 initiative. This includes transforming Saudi Arabia into a leading industrial powerhouse and a global logistics hub, by maximising the value of its mining and energy sectors while unlocking the full potential of local content and the[…]

Global mining-tech company IMDEX has entered a binding agreement to acquire Norway-based Devico AS in a A$334 million ($230 million) deal that, it says, will reinforce its market-leading position in mining technology and deliver increased market penetration. The proposed acquisition of Devico AS, a provider of advanced sensors and directional drilling technologies, is expected to[…]

RPMGlobal’s software & technology solutions span the whole mining industry from exploration to closure. But two areas – ESG and zero emissions mining fleets – are very topical at the moment and very much in its wheelhouse. IM Editorial Director, Paul Moore, had the chance to talk in-depth with the company at IMARC 2022. Starting[…]

BHP Xplor, an accelerator program introduced by BHP in August 2022, has announced its first cohort of seven companies focused on discovering the copper, nickel and other critical minerals needed to support the energy transition. These seven have been selected out of hundreds of applications received from all around the world, BHP said, adding that[…]

KEFI, the gold and copper exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia is pleased to announce the award of five additional exploration licenses through the company’s Gold and Minerals Ltd (GMCO) joint venture in Saudi Arabia. GMCO is owned 30% by KEFI and[…]

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[…]

Ivanhoe Electric Executive Chairman Robert Friedland, and President and Chief Executive Officer Taylor Melvin, have announced that the company has executed a binding Heads of Terms with Saudi Arabian Mining Company Ma’aden. The agreement sets out the binding framework for a strategic investment of $126.4 million by Ma’aden into the common stock of Ivanhoe Electric,[…]

Geoscience technology innovator SensOre Ltd has announced the launch of iChromite, a new suite of automated mineral chemistry assessment tools it has developed that it says can identify exploration targets more efficiently and accurately. “The mineral chromite is extremely stable in highly weathered environments. It preserves its unique geochemical fingerprint over geological time and thus[…]

The 2023 Future Minerals Forum will take place in Riyadh, Saudi Arabia from 10-12 January, including a Ministerial Roundtable, followed by the Forum and Exhibition itself. The International Council on Mining and Metals (ICMM) President & CEO Rohitesh Dhawan spoke and participated at the first Forum in 2022 and will do so again at this[…]

K2fly Limited says it will roll out its Resource Disclosure mineral resource governance solution across all Anglo American commodities and operating regions as part of a three-year agreement set to generate a total contract value of A$1.44 million ($974,779). K2fly Resource Disclosure, a mineral inventory data and reporting solution, is an off-the-shelf cloud-based platform that[…]