by Gordon Barratt | Nov 8, 2021 | News
The Weir Group has agreed to acquire Motion Metrics, a leading Canada-based global mining technology business, for an initial consideration of £89m1 payable in cash upon completion, subject to customary net debt and working capital adjustments. Motion Metrics is the...
by Gordon Barratt | Nov 8, 2021 | News
One of the world’s biggest mining companies thinks it’s time to cash in on the global fertiliser boom. Brazilian iron-ore and nickel giant Vale sold more than 34-million shares in Mosaic Co. for $1.3-billion, unloading stock received from selling its fertiliser...
by Gordon Barratt | Nov 8, 2021 | News
Sherritt International’s new boss sees the electric-vehicle revolution stretching all the way to Cuba, with the Canadian miner planning to boost output of battery-grade nickel and cobalt. In its first major move under CEO Leon Binedell, the Toronto-based company wants...
by Gordon Barratt | Nov 8, 2021 | News
Source: BHP BHP has agreed to sell its 80 per cent share in BHP Mitsui Coal (BMC) to Stanmore Resources, offloading two Queensland coal mines and associated infrastructure. BMC owns the Poitrel and South Walker Creek metallurgical coal mines, plus Red Mountain...
by Gordon Barratt | Nov 8, 2021 | News
Anglo American is targeting carbon neutrality across its controlled ocean freight activities by 2040, with a 30 per cent reduction in emissions by 2030. This goal is an extension of Anglo American’s Sustainable Mining Plan which aims for carbon neutral mining...
by Gordon Barratt | Nov 8, 2021 | News
The Cat 982 medium-sized wheel loader. Image: Caterpillar. Caterpillar has released two medium-size wheel loaders, using its recently announced technologies to increase productivity and improve maintenance costs. The Cat 980 and 982 medium wheel loaders are proven to...