by Gordon Barratt | Aug 3, 2022 | News
General Motors is prepaying Livent $198-million for a guaranteed six-year supply of lithium, a deal that reflects the auto industry’s rising worry about a tightening market for the electric vehicle battery metal. Prepaying cash for a guaranteed metal supply is...
by Gordon Barratt | Aug 3, 2022 | News
Cortez comprises a series of openpit and underground mines. US-based Royal Gold announced the $525-million acquisition of a sliding-scale gross royalty on an area including the Cortez mine and Fourmile development project in Nevada, from Rio Tinto subsidiary Kennecott...
by Gordon Barratt | Aug 3, 2022 | News
Advantec, a globally recognised manufacturer, has expanded its range of products with the new TDR 140 roadheader, which has been specifically adapted for tunnelling requirements. First introduced to the German market to wide acclaim, the TDR 140 is expected to be well...
by Gordon Barratt | Aug 3, 2022 | News
Atlas Copco has announced the launch of the PAC H pump for high pressure applications. The PAC H pump is designed to reduce downtime and prolong lifespan, saving service OPEX. Part of Atlas Copco’s Head series, the PAC H is a centrifugal pump that can handle liquids...
by Gordon Barratt | Aug 2, 2022 | News
The world’s biggest miners have spent the past two weeks reporting lower profits, shrinking dividends and a worsening outlook as the year rolls on. Next up: Glencore Plc looks set to buck the trend. While commodities like iron ore and copper have retreated as...
by Gordon Barratt | Aug 2, 2022 | News
The chief of the International Council on Mining and Metals (ICMM), the joint sustainability initiative backed by the world’s biggest miners, is confident Europe’s drive to shore up mineral security and deliver on climate goals could result in a cleaner...