Epiroc AB said it will consolidate some of its drilling tools manufacturing in North America to increase efficiency. The OEM will move the manufacturing of rotary and raise boring drilling tools from Langley, Canada, to its factory in Matehuala, Mexico, where rock drills are also currently produced. The relocation of production equipment will begin in the third quarter of 2025…
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West Red Lake Gold to restart Madsen
West Red Lake Gold Mines said its board of directors has approved management’s recommendation to restart its flagship Madsen gold mine in Ontario immediately. “West Red Lake Gold acquired the Madsen mine in June 2023 with the goal to use our team’s deep technical experience to unlock the abundant but at the time discounted potential of this mine,” said Shane…
Read MoreIdaho gold project receives CWA permit
Perpetua Resources said the United States Army Corps of Engineers has issued the final federal permit needed for its Stibnite gold project in Valley County, Idaho. Stibnite is projected to be one of the highest-grade open-pit gold mines in the country. The Clean Water Act Section 404 permit “marks the culmination of eight years of permitting, scientific study, project refinement,…
Read MoreSolidus closer to securing Spring Valley financing
Solidus Resources said it is the recipient of a Letter of Interest from the Export-Import Bank of the United States (EXIM) regarding the potential financing of up to $835 million for the Spring Valley gold project in Pershing County, Nev. “The Spring Valley project will be Nevada’s next long-life heap leach gold mine. The significance of this transaction will be…
Read MoreNIOSH employees reinstated
More than 100 employees at the National Institute for Occupational Safety and Health (NIOSH) will be permanently reinstated – a crucial development after months of uncertainty that threatened the agency’s workforce and core safety programs. The International Safety Equipment Association (ISEA) led a nationwide campaign to defend NIOSH. “This is not just a win for NIOSH – it’s a win…
Read MoreUSGS to fund projects identifying mine waste potential
The U.S. Geological Survey has invited states to compete for $5 million in cooperative agreements to find critical minerals in mine waste at active and legacy sites. The funding opportunity supports the agency’s efforts to build a national mine-waste inventory. “The USGS is partnering with state geological surveys to modernize our understanding of critical minerals in the U.S., both below…
Read MoreRio Tinto land exchange halted by judge
A U.S. federal judge has temporarily blocked the Trump administration from transferring land to Rio Tinto and BHP for their Resolution copper mine in Arizona, citing the Supreme Court’s ongoing deliberations in the complex case, reported Reuters. In an 18-page order, U.S. District Judge Steven Logan said the nonprofit Apache Stronghold was likely to succeed in its appeal to the…
Read MorePan American Silver to buy MAG Silver in $2.1 billion deal
Pan American Silver has entered into a definitive agreement to acquire all of the issued and outstanding common shares of fellow Canadian miner MAG Silver for $2.1 billion. MAG is a tier-one primary silver mining company through its 44% joint venture interest in the Juanicipio mine in Zacatecas, Mexico, operated by Fresnillo, who holds the remaining 56% interest. “Our acquisition…
Read MoreAlpha Metallurgical Resources chief to open Bluefield show
Andy Eidson, chief executive and director of Alpha Metallurgical Resources, will give the keynote address at the 2025 Bluefield Coal & Mining Show, September 10-12 at the Brushfork Armory in Bluefield, W.Va. “We are thrilled that Mr. Eidson is able to join us and to present his views on the future of the coal industry,” said Jeff Disibbio, president and…
Read MoreBarrick approves new name
Following shareholder approval, Toronto-headquartered Barrick Gold has completed its name change to Barrick Mining Corporation and Société minière Barrick in French. “Barrick’s vision is to be the world’s most valued gold and copper exploration, development and mining company. Along with our world-class portfolio of six Tier-1 gold mines, we are building a substantial copper business which will be a meaningful…
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