Victoria Gold has received an application for receivership from the Yukon government for its Eagle gold mine following a heap leach failure at the site on June 24. The application, which was delivered via court petition, will be appealed, the Whitehorse-headquartered company said. The Yukon government is seeking appointment of a receiver over the property and the company as well…
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Saskatchewan receives millions for rare earth research
Canadian officials announced more than C$16 million to support the Saskatchewan Research Council (SRC). The funding will be used to expand the Rare Earth Processing Facility to process a wider range of rare earth minerals and to create a new database. “Investing in regional strengths like mining, exploration, and mineral processing helps us build a solid path to a strong…
Read MoreEquinox Gold’s Greenstone mine pours first gold
Sandstorm Gold has confirmed the first gold pour by Equinox Gold at the Greenstone mine near Geraldton, Ontario, Canada. Executive Nolan Watson said the inaugural gold pour was achieved on schedule, producing 1,800 ounces of gold from the full recovery circuit. Equinox announced last month that ore had been introduced into the grinding circuit, and more than 1.5 million tonnes…
Read MoreBaarup is new Head of Sustainability for ContiTech
Anne Windberg Baarup took over the management of the sustainability department for Continental’s group sector ContiTech on June 1. She is now responsible for the strategic direction and global management of sustainability activities for the company’s industrial business. In her new position, she reports directly to Claus Peter Spille, head of Operations at ContiTech. Baarup has been working for Continental…
Read MorePPI acquires Continental Global Material Handling
Precision Pulley & Idler (PPI) has agreed to acquire Continental Global Material Handling, a portfolio company of Stellex Capital Management. Continental has been “a leader in bulk material handling for decades,” PPI said. The transaction is expected to close in the coming days. “Continental has earned its position as one of the most well-respected brands in the industry. We couldn’t…
Read MoreThiess, Augment Technologies partner on AI-solution
Thiess has partnered with Augment Technologies to leverage the latter’s AI-driven 3D blast movement software to create a Muckpile Block Model. “With the Muckpile Block Model, we are set to revolutionise our operations in providing accurate understanding of ore loss and dilution after a blast, enabling operations upstream and downstream to make better decisions,” said Thiess in a LinkedIn post.…
Read MoreSSAB, K-Tec ink fossil-free steel pact
K.A. Group’s K-Tec has entered into a deal with SSAB that will make it the first original equipment manufacturer of heavy-duty earthmoving equipment using the latter’s fossil-free steel. Canadian-based K-Tec, which produces scrapers, said the move will advance its efforts toward eliminating carbon emissions. “As a fossil-free partner to SSAB, K-Tec will have access to pilot deliveries of SSAB Fossil-free…
Read MoreEnergyX to build U.S. lithium plant
Energy Exploration Projects, known to many as EnergyX, has confirmed its plans to build a lithium plant in the area where the states of Arkansas, Louisiana, and Texas meet. The complex, known as Project Lonestar Lithium, is the second major announcement for the Texas-based group. Its first, Project Black Giant in Chile, was established in 2023 when EnergyX acquired 90,000…
Read MoreCanada to invest $10M in critical minerals mining
Canada’s Minister of Energy and Natural Resources has announced two investments of C$5 million each to the Mining Innovation Rehabilitation and Applied Research Corp (MIRARCO) and Electra Battery Materials to support the country’s critical minerals sector. “Today’s total investment of $10 million to Electra and MIRARCO will help to advance the development of dynamic and competitive critical minerals value chains…
Read MoreBens Creek enters liquidation
Met coal mine owner Benns Creek Group has reportedly decided to liquidate its business, according to reports. Officials told Proactive Investors that it had talks with its advisers, opting for the move, and has appointed Hill Dickinson for the process. Proceedings will start immediately, as it prepares its application for the courts. The financial news service noted that a general…
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