The U.S. Office of Surface Mining Reclamation and Enforcement (OSMRE) has, in a move to advance the nation’s energy independence and economic vitality, formally rescinded a total of 14 obsolete or redundant regulations. This important step reflects the Trump administration’s broader goal of reducing regulations, creating jobs and encouraging responsible energy development, including several tied to abandoned mine lands. The…
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Barrick considering IPO for North American gold
Canadian-headquartered global miner Barrick Mining has confirmed its contemplation of an initial public offering (IPO) for its North American gold assets via a yet-unnamed subsidiary. The company’s board of directors has unanimously authorized Barrick’s management team to explore the potential and, should an IPO be pursued, the subsidiary would be anchored by Barrick’s joint venture interests in Nevada Gold Mines…
Read MoreDOE earmarks millions for REE supply chain advancements
The U.S. Department of Energy’s (DOE) Office of Critical Minerals and Energy Innovation (CMEI) announced a Notice of Funding Opportunity, or NOFO, for up to $134 million to progress and bolster domestic supply chains for America’s rare earth elements. Through this funding, DOE will support projects that demonstrate the commercial viability of recovering and refining REEs from unconventional feedstocks, including…
Read MoreMetso introduces largest split geared ring model
Metso recently introduced the SCDH4500, its largest split geared ring model to date. The new release represents an important improvement in transforming thickener maintenance and reinforces Metso’s commitment to delivering solutions that improve reliability, enhance safety, and support sustainable operations in mining, the company said. As a result, customers benefit from shorter shutdowns, safer working environments, and decreased service expenses…
Read MoreForce Control unveils updated Positorq brake line
Ohio-based Force Control Industries introduces an updated line of Positorq tension control brakes designed for precision dynamometer and unwind applications. The brakes deliver exceptionally smooth, accurate torque control across the entire operating range to 0 rpm. Because torque output is governed strictly by pneumatic or hydraulic actuation pressure, operators can achieve repeatable, chatter-free performance without stick-slip, torque drift, or the…
Read MoreABB launches Baldor-Reliance V*S Master RS motor
ABB has introduced the Baldor-Reliance V*S Master RS to give operators a cost-competitive, variable-speed solution for vector-duty applications. With a rolled-steel frame that can provide dependable durability in a lightweight, economical design, the new release’s advanced insulation system supports reliable performance across a wide speed range. The V*S Master RS delivers an efficient motor platform that is ideal for applications…
Read MoreChevron reintroduces clarity line of ashless hydraulic oils
Chevron announced the reintroduction of its Clarity line of premium ashless hydraulic oils, featuring Clarity EliteSyn AW and Clarity AW. The refreshed product family highlights Chevron’s commitment to providing customers with quality lubricants that deliver exceptional equipment protection and efficiency while addressing the rising demand for more environmentally responsible solutions. Chevron’s Clarity EliteSyn AW and Clarity AW deliver advanced performance…
Read MoreBQE commences operation of Selen-IX plant at Wharf
BQE Water reported last week that a new full-scale Selen-IX plant located at Coeur’s Wharf gold mine in South Dakota had passed the performance test and began routine operation. This latest Selen-IX plant set a record time for implementation of 20 months between the design engineering kick-off to the discharge of on-spec water into the environment. The plant is designed…
Read MoreRio Tinto inks wind power deal for Kennecott
The Rio Tinto Kennecott operation, in its effort to meet corporate decarbonization objectives, has signed a 15-year virtual power purchase agreement (VPPA) with TerraGen for renewable energy from a newly completed wind farm in Texas. Under the agreement, Rio Tinto will purchase 78.5 megawatts (MW) of renewable energy generated by TerraGen’s 238.5 MW Monte Cristo I Windpower project. Commercial operations…
Read MoreKeto stepping down as FLSmidth CEO
FLSmidth confirmed on November 17 that its chief executive officer, Mikko Keto, will resign from his position to assume an executive role with a non-competing company. The company said Keto will continue in his current capacity in the coming months to ensure business continuity, while the board of directors advances a structured CEO succession process. It is expected that he…
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