Christian Milau, chief executive officer and a founder of Saudi Discovery Co., will be joining Canadian-based Eldorado Gold as president, effective September 12. He brings over 25 years of experience in finance, capital markets, and mining to the position. With this appointment, George Burns, Eldorado’s current president and CEO, will transition to the latter role. “As we position the company…
Read MoreDay: August 18, 2025
TerraRoc introduces X-Roc DTH drill bits
TerraRoc has announced significant advancements in its drilling technology behind the new 115-millimeter X-Roc DTH drill bit: improved heat treatment process delivers significantly increased material toughness, while the optimized button configuration ensures superior drilling performance. The new center hole design provides exceptional functionality, complemented by an improved skirt outer diameter for better flush control. Advanced wear-resistant treatment applied both internally…
Read MoreDart Controls reveals Model 65E PWM DC Motor Control update
Dart Controls said the 65E, a high-performance Pulse Width Modulation (PWM) controller for 12 through 48-volt battery-powered equipment, is ideal for portable and solar-powered applications. Rated for 10 to 20 amps continuous current, the Dart 65E features adjustable maximum speed, minimum speed, current limit, I.R. compensation, and acceleration, plus a quiet operating frequency of 18 kHz. In addition to a…
Read MoreVirginia Tech, Aclara form heavy REE alliance
A strategic partnership between Virginia Tech and Alcara Technologies, the U.S.-based subsidiary of Aclara Resources, aims to strengthen a sustainable domestic supply chain for critical heavy rare earth elements. Aclara’s rare earths separation pilot plant is expected to open this fall at the Virginia Tech Corporate Research Center in Blacksburg, Va., where it will benefit from the research park’s amenities…
Read MoreMitsubishi Corp. becomes JV partner in Copper World
Mitsubishi Corporation has agreed to acquire a 30% interest in Copper World LLC, a wholly-owned subsidiary of Hudbay Minerals, for an initial cash contribution of $600 million. The company owns the Copper World project in Arizona. “Securing Mitsubishi as a 30% partner in Copper World is an important milestone for Hudbay as we establish a long-term strategic partnership to advance…
Read More