World Coal Association becomes FutureCoal

After more than 38 years, the World Coal Association (WCA) will cease use of its moniker, rebranding itself as FutureCoal – The Global Alliance for Sustainable Coal. The unveiling of the new name and logo was held in Delhi by group chief executive Michelle Manook, who said the new era is in response to a call from coal and coal…

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GM, Komatsu partner on HYDROTEC fuel cells

General Motors and Komatsu will co-develop a hydrogen fuel cell power module for Komatsu’s 930E electric drive mining truck, the world’s best-selling ultra-class haul truck. GM and Komatsu will jointly design and validate the technology. Lightweight and quick to refuel, hydrogen fuel cells are ideal for electrifying applications traditionally powered by diesel engines. Hydrogen provides an effective method to package…

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Glencore-led group nabs Teck coal unit

A consortium led by Glencore agreed in November to acquire Teck Resources’ steelmaking coal unit for $9 billion, marking one of the largest deals in the mining sector, according to Reuters. Glencore will own 77% of the business in a $6.9 billion cash deal, while 20% will go to Japan’s Nippon Steel Corp., which already holds a 2.5% stake. South…

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New WV mine rescue, examiner rules effective Jan. 10

The West Virginia Coal Association and state regulators have confirmed the new set of rules that will dictate age requirements for new mine rescue team members and new outlines for mine examinations are coming into effect on January 10. The newly promulgated rules and regulations addressing the age of new mine rescue members are under Title 49, Series 4, and…

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Newmont Musselwhite pours 8,000th doré bar

Newmont’s Musselwhite operation, in commercial production since 1997, has achieved a mine life milestone: the pouring of its 8,000th gold doré bar. The miner, which announced the bar December 5, marked the occasion by inviting employees from across the business to gather for a celebration and speak on the changes witnessed at Musselwhite since its 7,000th bar was poured in…

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DoD backs domestic graphite project

The Department of Defense has awarded Canadian-based South Star Battery Metals a $3.2 million grant to support production at its BamaStar graphite project in Alabama. Entered under the Defense Production Act Title III authorities and utilizing funds appropriated by the Inflation Reduction Act, the grant will enable South Star to perform a bankable feasibility study on the planned mine. South…

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RCT to deliver milestone agnostic remote installation

Underground mining services company Barminco has enlisted RCT to carry out what is believed to be the world’s first agnostic remote installation on Caterpillar’s Hybrid underground loader. Barminco will be using the Cat R2900XE loader, which has a diesel engine and electric driveline, at the IGO-owned Spotted Quoll underground nickel mine in Western Australia. “Technology and innovation are two of…

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Boosting orebody knowledge with Minalyze takeover by Veracio

Veracio said it is “pioneering a transformative leap in geosciences” with its new binding agreement to acquire scanning and data group Minalyze in a $29.3 million deal. With the takeover, Veracio said it will be combining its AI and advanced analytics solutions with Minalyze’s geological data visualization technology. Together, the benefits will transform how the industry captures, analyzes and interprets…

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Ausenco sold to Eldridge, Brightstar, Claure Group

A trio of companies including Eldridge, Brightstar Capital Partners and the Claure Group have inked a definitive agreement to acquire a majority stake in Australian-headquartered engineering firm Ausenco from Resource Capital Fund and other investors. No financial terms have been disclosed. Ausenco said its co-founder Zimi Meka will remain CEO, board member and investor in Ausenco. Mike Burke, former chairman…

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