Newmont, union reach agreement for Peñasquito

Following an open dialogue and shared focus on the safety and well-being of the workforce, Newmont Peñasquito and the National Union of Mining, Metallurgical, Steel, and Similar Workers of Mexico have agreed on a new collective bargaining agreement for 2024-2026. “As a company, we remain committed to upholding the highest standards of compliance as we work together with the union…

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AEM marks largest-ever membership

The Association of Equipment Manufacturers (AEM) has surpassed a new record in its membership tally, surpassing 1,000 members, for the first time in its 125-year history. The group said it has seen 109 member companies join in 2024, and 22 in September alone. Its previous membership record that was set almost one year ago; it also has achieved an above-average…

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KSB GIW acquires significant stake of shares in AIMS/PIP360

Heavy-duty centrifugal slurry pumps manufacturer and designer KSB GIW Inc. acquired a significant stake of shares in AIMS/PIP360, an electronics designer and specialist in ultrasonic sensors and analysis. This strategic move marks a significant milestone in the ongoing partnership between the companies, which have previously collaborated on the development of GIW SLYsight pump wear monitoring technology. Established in 2009, PIP360…

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Liebherr USA holds 2024 North America sales and training seminar

Liebherr USA Co.’s earthmoving and material handling technology team held its 2024 North American Sales and Training Seminar for both internal and external distribution network participants. Liebherr employees from the United States, Canada and Europe participated and supported the event. “We are thrilled to host this year’s North American Sales and Training Seminar. Based on the excellent feedback from last…

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Equinox’s Greenstone to ramp up mining, processing

Equinox Gold said it made substantial advancement in establishing the footprint of the first phase of the Greenstone gold mine’s open pit in Ontario, Canada.  “Since commencing operations, the Greenstone mine has demonstrated good progress with both mining and processing rates increasing substantially during Q3 and into October,” said Equinox Gold President and CEO Greg Smith.  “The Greenstone team is…

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GM to help Lithium Americas unlock Thacker Pass

Lithium Americas and General Motors have entered into a new investment agreement, which establishes a joint venture to bring the Thacker Pass lithium mine in Humboldt County, Nev., on line. Under the terms of the deal, GM will deliver US$625 million of cash and letters of credit to Thacker Pass alongside a conditional commitment of a $2.3 billion Department of…

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Americas Gold and Silver consolidates Galena JV

Americas Gold and Silver has entered into a binding agreement with an affiliate of mining investor Eric Sprott and Paul Andre Huet to acquire the remaining 40% interest in the Galena silver complex in Idaho, consolidating the current joint venture. Under the terms of the deal, Americas Gold will issue 170 million common shares to the owners of the Sprott…

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Komatsu to upgrade Peoria operations

OEM Komatsu said it will be enhancing its presence in Peoria, Ill., with the construction of a new office building that will include collaborative spaces for engineering, sales, manufacturing, management and other functions. Komatsu has ceremonially broken ground on the new building, which it said was designed for operational efficiency and environmental responsibility, incorporating features such as solar panels, stormwater…

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