The long-awaited Stibnite gold project in Idaho has received its record of decision (ROD) from the U.S. Forest Service. The producer said the crucial element of its permitting process is the culmination of eight years of analysis, consultation, investigation and extensive public feedback. When active, Stibnite will become the only domestic reserve of antimony, allowing the once-abandoned mine site to…
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Kentucky-based Denios now offers a new line of non-sparking tools to bring vital safety and reliability to locations with higher risk of fire or explosion. Crafted from high-quality, non-ferrous materials including aluminum bronze, phosphor bronze and brass, beryllium copper, or copper-nickel metals, they are designed to prevent spark generation, making them ideal for areas where flammable vapors, gases, or dust…
Read MoreForce Control Industries has introduced a new line of Build America, Buy America Act (BABAA)-compliant thruster brakes under the brand name HYDRASTOP. The spring-set, electrohydraulic thruster-released brakes are now available for 6- to 13-inch drums only with plans to develop larger drum sizes and a complete disc brake series. In addition to the mining application, specifically draglines and conveyors, thruster…
Read MoreThe U.S. Geological Survey (USGS) reported U.S. production of selected mineral commodities in the third quarter 2024. U.S. mine and plant production data for 16 selected mineral commodities are provided on a monthly (or quarterly) basis by the USGS to the board of governors, Federal Reserve System (FRS), for use in preparing its index of industrial production and the related capacity…
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The Avatel is a first-of-its-kind, semi-automated explosives delivery system that is equipped with a comprehensive suite of advanced technologies to deliver significantly safer and more productive blasting operations.
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Precision Pulley & Idler (PPI) has enhanced its Herringbone Wing offering. Based on industry feedback and engineering advancements, PPI is reintroducing the Herringbone Wing offering in two styles, Plate Constructed and Round Contact Bar. The Plate Constructed line is replacing what was formerly known as the CEMA Herringbone wing. The Round Contact Bar style will remain unchanged with the same availability.…
Read MoreMetallurgical coal producer Corsa Coal and each of its subsidiaries have filed for voluntary chapter 11 relief in the U.S. Bankruptcy Court for the Western District of Pennsylvania. A commitment for $15 million in debtor-in-possession financing provided by KIA II will support operations during the process. The Corsa Group has also filed various “first day” motions with the U.S. Bankruptcy…
Read MoreRio Tinto has entered a definitive agreement to acquire Arcadium Lithium for $6.7 billion. The transaction, which will be implemented by way of a Jersey scheme of arrangement, is expected to close in mid-2025. “Acquiring Arcadium Lithium is a significant step forward in Rio Tinto’s long-term strategy, creating a world-class lithium business alongside our leading aluminum and copper operations to…
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Southwest Critical Materials, an affiliate of private equity firm Kinterra Capital, has acquired the Pumpkin Hollow copper project from Nevada Copper. In August, Nevada Copper entered into a stalking horse asset purchase agreement with Southwest Critical Materials after voluntarily filing for Chapter 11 bankruptcy in June. With this acquisition, Kinterra now controls more than 11 billion pounds of copper across…
Read MoreAfter three miners were involved in separate preventable accidents, MSHA has released safety alerts for highwalls, dozer entrapment and haul truck rollovers. The agency reported that on September 30, a miner sustained permanently disabling injuries while operating a Caterpillar 992K front-end loader beneath a highwall. A roughly 50-foot section of highwall fell onto the loader, crushing the cab and pinning…
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