The Kingdom of Saudi Arabia, under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, convened the inaugural Future Minerals Forum (FMF), in Riyadh from January 11 to 13, 2022 to advance dialogue on future minerals, investment in mining, and collaboration across the region from Africa to Central Asia.
Nickel production at the Harjavalta smelter has been stopped due to a slag explosion that was the result of a process malfunction in the nickel electric furnace slag tapping system on December 24.
Metso Outotec has been awarded a contract for the delivery of key technology to the Boliden Odda zinc smelter expansion in western Norway.
Lundin Mining Corporation announce it has entered into a definitive agreement with Josemaria Resources Inc. to acquire all of the issued and outstanding shares of Josemaria Resources through a plan of arrangement for an implied equity value of approximately C$625 million (US$485 million).
Sibanye-Stillwater (Tickers JSE: SSW and NYSE: SBSW) announced that it received an average ‘A-’ rating for its ‘Water Security’ by CDP, a non-profit global environmental disclosure platform. It was the first time that the Group participated in the Water Security category and benchmarks higher than the Global and Africa regional average of ‘B’, and the metallic mineral mining sector average of ‘B-‘.
Global platinum production is expected to recover by 21.9% in 2021 after a steep decline in 2020, says GlobalData. The leading data and analytics company notes that recovery in the automotive and jewelry sectors has led to a rise in demand for platinum production, which will reach 6.03 million ounces (moz).
BHP Group (BHP) and Woodside Petroleum Ltd (Woodside) have today signed a binding share sale agreement (SSA) for the merger of BHP’s oil and gas portfolio with Woodside (Merger). Woodside will acquire the entire share capital of BHP Petroleum International Pty Ltd (BHP Petroleum) in exchange for new Woodside shares.
Metso Outotec has signed an agreement for the delivery of key equipment for the expansion of an existing production line at the Ferrexpo Poltava Mining iron ore grate-kiln pellet plant, which is located in the mining city of Horishni Plavni in central Ukraine.
Endomines AB started the recruitment for a permanent CEO in the summer 2021 after Marcus Ahlström, Interim CEO and CFO of the company had informed the Board that he will be stepping down in October.
The recruitment process has proceeded very well and as planned. The company anticipates being able to appoint the new permanent CEO in the beginning of 2022.
Boliden has been granted an environmental permit for an increase in the annual production rate in Garpenberg. As a result of the decision, bottleneck investments can be initiated with the aim of increasing production to 3.3 Mtons per year.
Metso Outotec will deliver a high-capacity, high-powered Premier™ SAG mill to Northern Star Resources Limited’s Thunderbox gold mine expansion located in Yandal Belt, north of Kalgoorlie in Western Australia.
Metso Outotec has signed an agreement to deliver industry-leading dewatering, flotation and automation equipment for the Nornickel Talnakh processing plant expansion project in Norilsk, Russia. The order value, which is not disclosed, has been booked in Minerals’ Q2 and Q3 2021 orders received.
Eldorado Gold Corporation announces today that it has entered into a definitive agreement with G Mining Ventures Corp. to divest its Tocantinzinho Project located in Brazil.
Vale informs that a new five-year collective bargaining agreement with United Steelworkers Local 6500 was ratified in voting Tuesday evening. This ends the labour disruption that began June 1, 2021.
Zinc and, Normet Group Oy, represented by Mr. Subhasis Mohanty, Vice President, India Sales Area signed a Memorandum of Understanding (MoU) to introduce Normet SmartDrive® - a modular Battery Electric Vehicle (BEV) to Hindustan Zinc with an aim to not just bring electromobility in Hindustan Zinc operations but also lead the way for decarbonizing the future of Indian mining.
The Board of Red Hill Iron Limited (RHI) announced that it has entered into a binding agreement to sell it’s 40% interest in the Red Hill Iron Ore Joint Venture to a wholly owned subsidiary of Mineral Resources Limited.
Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, headed by Vladimir Potanin, has produced its first batch of certified carbon-neutral nickel, which will be shipped to customers.
Scientists at the University of Oxford demonstrate how it is possible to directly extract valuable metals from hot salty fluids (‘brines’) trapped in porous rocks at depths of around 2km below dormant volcanoes.
The board of Glencore announces that Tony Hayward will retire as Chairman and Kalidas Madhavpeddi will be appointed as the new Chairman on 30 July.
Project improves end to end production visibility and helps digitalize operations using ABB Ability Data Analytics Platform for metals