Category: The Headlines

Hyundai, Leica introduce 3D machine guidance system for excavators

NAM Staff

Leica Geosystems, part of Hexagon and Hyundai Construction Equipment announced the availability of the Leica MC1 3D machine guidance system as a retrofit option for the Next Generation of excavators, specifically engineered to work seamlessly with Hyundai’s existing 2D sensors and calibration systems. This partnership underscores a shared commitment to innovation and customer satisfaction, offering construction companies the opportunity to…

Read More

Trump signs executive order to boost coal

NAM Staff

U.S. President Donald Trump has inked four executive orders he said will reinvigorate the coal industry by attempting to classify the commodity as a mineral, and lift several regulatory barriers to coal that will open the doors to its expanded use once more. The White House said Trump has directed the Chair of the National Energy Dominance Council to designate…

Read More

Rio Tinto unearths rare yellow diamond in Canada

NAM Staff

Rio Tinto has discovered one of the largest gem-quality yellow diamonds ever in Canada from its Diavik mine in the remote Northwest Territories of Canada. The 158.20 carat rough diamond is one of only five yellow diamonds weighing more than 100 carats ever unearthed at Diavik. The mine’s production primarily consists of white gem quality diamonds, with less than 1%…

Read More

Copper Mountain now belongs to Hudbay

NAM Staff

Canadian miner Hudbay Minerals has consolidated its ownership of the Copper Mountain operation, located in southern British Columbia, to 100% — solidifying its desire to be the second largest copper producer in Canada and also increasing its overall North American footprint. The consolidation gives Hudbay the needed exposure to a long-life, high-quality copper asset in Canada, what it has called…

Read More

Camp construction begins at Northwest Athabasca project

NAM Staff

Global Uranium and Forum Energy Metals have started construction on a 20-person camp at the Northwest Athabasca joint venture project in northwestern Saskatchewan. It is planned for the west side of Maurice Bay. The companies said camp materials will be mobilized to the site via a combination of fixed-wing aircraft on skis as well as by ice road from Uranium…

Read More

SME bestows 2024 Robert E. Murray Innovation Award to Eriez

NAM Staff

Eriez President and CEO Jaisen Kohmuench has announced the selection of Eriez to receive the 2024 Robert E. Murray Innovation Award from the Society for Mining, Metallurgy and Exploration (SME). The award recognizes individuals and organizations that propel the mining industry forward through groundbreaking technological innovations. Eriez will be formally honored during the SME Annual Conference and Expo, taking place…

Read More

Ukraine open to minerals deal for U.S. aid

NAM Staff

Ukraine said it is open to making a deal with the United States government for continued military aid in exchange for developing Ukraine’s mineral industry, reported The Associated Press. “We really have this big potential in the territory which we control,” Andrii Yermak, chief of staff to the Ukrainian president, told the news agency. “We are interested to work, to…

Read More

China restricts exports amid U.S. tariffs

NAM Staff

China said it would restrict exports of five metals used in defense, clean energy and other industries in response to U.S. tariffs, reported Reuters. An additional 10% tariff on Chinese imports into the U.S. came into effect last week. The new restrictions stop short of outright export bans and are narrowly targeted in some cases, noted the news agency. Licenses…

Read More

Industry association warns of dire circumstances from tariffs

NAM Staff

The Essential Minerals Association (EMA) released the following statement encouraging the Trump administration to refrain from implementing tariffs on imports from Canada and Mexico: “While the EMA supports the administration’s efforts to strengthen our border security and limit the flow of illegal drugs into the country, we continue to encourage the administration to refrain from using tariffs to help accomplish…

Read More