Caterpillar introduces energy transfer solution for battery and diesel-electric mining equipment OEM-designed solution to help solve one of the most complex aspects of the mining industry’s energy transition – energy management. Caterpillar | September 17, 2024 | 11:52 am
US Steel CEO confident Nippon Steel deal will close ‘on its merits’ The companies countered in a 100-page letter that the deal would enhance US national security. Reuters | September 17, 2024 | 11:46 am
Endurance Gold hits 13.7 g/t in initial Reliance project results Current drilling is expanding the Imperial, Eagle, Crown and Diplomat zones. Staff Writer | September 17, 2024 | 11:16 am
Private equity firm emerges as successful bidder for Nevada Copper An affiliate of Kinterra Capital made a stalking horse bid of $128 million for substantially all of Nevada Copper's assets last month. Staff Writer | September 17, 2024 | 11:13 am
Zambia mines lobby calls on government to halt reforms The government recently announced plans to establish a state-owned firm to control at least 30% of future mines’ production. Bloomberg News | September 17, 2024 | 10:18 am
Bank of America forecasts copper price above $10,000, iron ore price below $80 by 2025 While the outlook for iron ore appears grim, BofA remains bullish on copper due to strong structural demand. Staff Writer | September 17, 2024 | 10:07 am
Newmont on track to get at least $2 billion from asset sales, COO says The sales are part of plan to focus on so-called Tier 1 assets, which can produce at least 500,000 ounces of gold equivalent for 10 years or longer. Bloomberg News | September 17, 2024 | 10:01 am
Uzbekistan’s NMMC to invest $450 million in renewable energy In the first half of 2024, the NMMC installed photovoltaic panels across 21 major industrial sites with a total capacity of 5,750 kW. Staff Writer | September 17, 2024 | 9:57 am
Magna Mining PEA update hikes return five-fold for Crean Hill nickel project The PEA gives the underground mine a base case post-tax net present value (at an 8% discount) of C$194.1 million. Canadian Mining Journal Staff | September 17, 2024 | 9:57 am
