Maintenance, repair and operation replacement parts, and industrial solutions provider Motion Industries Inc., announced the opening of a new sales branch in Quebec, Canada. The new facility, located at 2903 7th Street, Val-d’Or, officially opened on June 2. This strategic location strengthens the company’s ability to better serve and expand its customer base in Northern Quebec. The Val-d’Or facility joins…
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MP Materials, DoD to accelerate rare earth independence
MP Materials has entered into a transformational public-private partnership with the United States Department of Defense to dramatically accelerate the build-out of an end-to-end U.S. rare earth magnet supply chain and reduce foreign dependency. As part of the deal, the DoD is positioned to become the largest shareholder in MP Materials after agreeing to purchase $400 million of a newly…
Read MoreMetals One secures Uravan project in U.S.
London-based Metals One has completed its acquisition of the Uravan uranium-vanadium project in Montrose County, Colorado. The deal, which includes 59 unpatented claims with a 10-year exploration lease, supports the company’s expanding critical minerals portfolio. Total consideration for the acquisition is $50,000 in cash and the issuance of 500,000 new ordinary shares in Metals One. “The formal acquisition of the…
Read MoreB2Gold’s Goose mine achieves inaugural pour
B2Gold has poured first gold at the Goose mine, which forms part of the Back River Gold District located in Nunavut, Canada. This is the company’s first Canadian operating asset. “The commencement of gold production at the Goose mine marks an exciting step in B2Gold’s history, further diversifying and adding to the quality of the company’s existing global operating portfolio,”…
Read MoreCore Natural Resources eyes Q4 longwall restart at Leer South
Core Natural Resources continues ongoing efforts to resume longwall operations at its Leer South mine in Barbour County, W.Va., following a combustion-related event at the mine in mid-January. Personnel and regulatory officials re-entered the sealed area of the mine on June 10, and thereafter re-established ventilation to the full mine, restored hydraulic pressure along the longwall face, and conducted an…
Read MoreFirst Mining Gold, Mishkeegogamang ink agreement
Canadian miner First Mining Gold and the Mishkeegogamang First Nation have signed a long-term relationship agreement covering the Springpole gold project in northwestern Ontario. The agreement sets out a collaborative approach for the development of one of Canada’s largest gold resources, through construction, operations, and closure, in a manner that respects the environment and provides direct benefits to the First…
Read MoreSwanson Industries acquires TransAxle business arm
West Virginia-headquartered Swanson Industries has acquired the off-highway business of TransAxle Holdings, a remanufacturer of transmissions, differentials, hydraulics, axles and brake systems and related industrial products for numerous off-highway verticals. The off-highway business will be re-branded as the Swanson Off-Highway division. Swanson will provide the division with substantial additional capacity and resources, supporting its continued growth through expanded capabilities and…
Read MoreNMA Applauds Senate, Urges House Passage of One Big Beautiful Bill
The National Mining Association (NMA) today issued the following statement from its president and CEO Rich Nolan applauding the Senate’s passage of its version of the “One Big Beautiful Bill” and urging House action to send the bill to President Trump’s desk. “We urge the House to quickly pass this bill, which increases the competitiveness of the American mining industry…
Read MoreIvanhoe Electric, Railveyor together take on new Santa Cruz project
Railveyor Technologies Global has been selected as the preferred haulage solution provider for Ivanhoe Electric’s new Santa Cruz copper project in Arizona. According to CEO Tas Mohamed, this milestone marks a significant step forward in Railveyor’s mission to deliver sustainable, efficient and fully electrified material haulage solutions to the global mining industry. Ivanhoe Electric included Railveyor in its highly engineered…
Read MoreRamaco to hold ceremony for new RE mine
Ramaco Resources and Ramaco Rare Earth will host a ribbon cutting and groundbreaking ceremony on July 11 to commemorate the opening of the Brook Mine Carbon Ore Rare Earth project – the first new rare earth mine in the United States in more than 70 years and the first new coal mine in Wyoming in over 50 years. The event,…
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