Mining & Minerals News

KARRATHA, Australia--(BUSINESS WIRE)--Rio Tinto’s first Pilbara-made iron ore rail car has rolled off the production line in Karratha, as part of a A$150 million partnership with Australian rail industry supplier Gemco Rail to build 100 rail cars in Western Australia and to support local manufacturing. The first Karratha-made rail car follows the completion of 40 Western Australian-made iron ore rail cars under the partnership at Gemco Rail’s Perth facility earlier this year, with the remaining...

LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or “the Company”), today announced that it has completed a transaction to transfer the majority of its equity investment in Hycroft Mining Holding Corporation (Nasdaq: HYMC) (“Hycroft”) to Sprott Mining, a private Canadian corporation owned by one of the world’s leading gold and silver investors, Eric Sprott. Under the terms of the private transaction, AMC sold approximately 2.34 million shares of Hycroft common...

DALLAS--(BUSINESS WIRE)--LibertyStream Infrastructure Partners Inc. (TSXV: LIB | OTCQB: VLTLF | FSE: I2D) (“LibertyStream” or the “Company”) is pleased to announce a non-brokered private placement offering (the “Offering”) of units of the Company (the “Units”) at a price of $0.65 per Unit, for aggregate proceeds of up to $10,000,000. Each Unit will be comprised of one common share of the Company (each, a “Common Share”) and one whole common share purchase warrant (each, a “Warrant”). Each Warra...

VANCOUVER, British Columbia--(BUSINESS WIRE)--Spanish Mountain Gold Ltd. (the "Company" or "Spanish Mountain Gold") (TSX-V: SPA) (FSE: S3Y) (OTCQB: SPAUF) announces that it has changed its auditors from Smythe LLP ("Former Auditor") to BDO LLP ("Successor Auditor"), to hold office until the close of the Company’s next annual general meeting of shareholders. The change is part of a larger growth strategy to transition Spanish Mountain Gold from a junior explorer to an emerging developer. The Boa...

LONDON--(BUSINESS WIRE)--Vedanta Resources Limited (“VRL”/“Company”) reported its second highest ever revenue of US$ 9,367 million in H1FY26, up 8% YoY....

MONTREAL--(BUSINESS WIRE)--TOMAGOLD CORPORATION (TSXV: LOT; OTCPK: TOGOF) (“TomaGold” or the “Company”) announces that it has entered into an amendment (the “Amendment”) to the mineral property option agreement dated August 11, 2023 (the “Agreement”) with SOQUEM Inc. (“SOQUEM”). The Agreement and the Amendment relate to the David, Radar, Dufault, Williams, Brosman, McKenzie, and Bruneau properties. TomaGold and SOQUEM have agreed to amend the Agreement as follows: The anniversary date for Year...

SASKATOON, Saskatchewan--(BUSINESS WIRE)--Gensource Potash Corporation (“Gensource” or the “Company”) (TSXV: GSP), a fertilizer development company focused on a sustainable and modular approach to potash production, is pleased to provide an operational update on its flagship Tugaske Project (“Tugaske”) in Saskatchewan and market highlights. 1. Project Advancement: Securing the Path Forward Gensource has successfully exercised its land purchase option agreement for the Tugaske Project site. This...

VANCOUVER, British Columbia--(BUSINESS WIRE)--Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) (“Pan American” or the “Company”) has acquired ownership of 18,750,000 units of securities (each, a “Unit”) of Galleon Gold Corp. (TSXV: GGO) (“Galleon”), for C$0.60 per Unit, pursuant to a non-brokered private placement (the “Acquisition”), which was completed in connection with a brokered private placement by Galleon, all for an aggregate of 50,000,000 Units, with each Unit comprised of one common...

STAMFORD, Conn.--(BUSINESS WIRE)--ITT, a leading provider of highly engineered critical components announced it has entered into a definitive agreement to acquire SPX FLOW....

PERTH, Australia--(BUSINESS WIRE)--Australia’s first Cat® 793 XE Early Learner battery-electric haul trucks have arrived at BHP’s Jimblebar iron ore mine in the Pilbara, marking the start of on-site testing, in collaboration with Rio Tinto, of Caterpillar’s battery-electric heavy haulage technology in the region that powers the nation’s economy. The two Early Learner trucks, delivered through an industry-first collaboration between BHP, Rio Tinto and Caterpillar represent a major step toward a...