Elk Creek Resources, a subsidiary of NioCorp Developments, has been awarded up to $10 million, subject to the achievement of certain milestones, from the U.S. Department of Defense to support the establishment of a domestic scandium mine-to-manufacture supply chain via the Elk Creek critical minerals project in southeast Nebraska. The investment by the DoD aligns with President Trump’s March 20,…
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Motion announces venture with Canadian Indigenous development firm
Motion Industries has announced a joint venture partnership with Tagodi Development Corp., a resource contracting firm that invests in the local Tahltan Nation in northern British Columbia, Canada. An agreement was recently signed to deliver economic and operational benefits to the community and all involved. The largest focus will be in the mining sector, a major portion of this region’s…
Read MoreHaver & Boecker machinery business marks a century
Haver & Boecker is celebrating 100 years of its machinery division and has kicked off a year-long celebration of the milestone with a ceremony at its Germany headquarters. The company said the event was held in May with customers and industry partners from around the globe in Oelde. Anniversary celebrations will feature a short reflection on the past before jumping…
Read MoreIndustry mourns John Taylor
Global mining sales director John Taylor of Limitless Mining Solutions (LMS) recently passed away at the age of 68. He never did a thing by half measures. Big John, as many knew him, had a heart and a sense of humor to match his great height, and leaves behind a massive legacy of kindness, generosity and joy. He was truly…
Read MoreTeck moves forward with Highland Valley Copper extension
Teck Resources has received board approval for the construction of the Highland Valley Copper mine life extension project, which will extend the mine’s life from 2028 to 2046. “This extension of Canada’s largest copper mine, Highland Valley Copper, is foundational to our strategy to double copper production by the end of the decade,” said Jonathan Price, president and CEO, noting…
Read MoreUnion Pacific, Norfolk Southern to merge; create transcontinental railroad
Union Pacific Corp. and Norfolk Southern Corp. announced an agreement to merge and create America’s first transcontinental railroad. The deal will connect more than 50,000 route miles across 43 states from the East Coast to the West Coast, linking approximately 100 ports and nearly every corner of North America. “This combination will transform the U.S. supply chain, unleash the industrial…
Read MoreThree rescued at Red Chris mine: Newmont
Global miner Newmont said three Hy-Tech Drilling workers were safely brought to the surface following two fall of ground incidents that occurred in the access way to the underground work area of a Red Chris mine project in British Columbia, Canada, on July 22. “We are relieved to share that all three individuals are safe, and in good health and…
Read MoreBurgundy Diamond Mines lays off hundreds at Ekati
Burgundy Diamond Mines has decided to temporarily suspend open pit mining at its Point Lake operation, one of two active sites at its Ekati diamond mine in the Northwest Territories of Canada. The miner said the operation had become “sub-economic” due to a weak diamond market. The decision has led to the layoffs of hundreds of employees and contractors, as…
Read MoreMP Materials partners with Apple on recycled RE magnets
MP Materials has entered a definitive, long-term agreement to supply Apple with rare earth magnets manufactured in the United States entirely from recycled materials, supporting American manufacturing and circular supply chains. “We are proud to partner with Apple to launch MP’s recycling platform and scale up our magnetics business,” said James Litinsky, founder, chairman and CEO of MP Materials. “This…
Read MoreBlue Lagoon celebrates Dome Mountain opening
Canadian miner Blue Lagoon Resources held an official opening of its Dome Mountain gold project on July 9 with guests from across the country and abroad. The project recently secured its mining permit, one of only nine granted in British Columbia in the past decade. During the two-day event, guests had the opportunity to take underground tours as well as…
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