Finance & business

Geopolitical shifts, a rewired energy transition and cautious investment strategies will define the metals and mining sector in 2026 according to Wood Mackenzie.

Maaden has commissioned Metso to supply a gold processing plant for their Ar Rjum mine located in the Makkah Region, approximately 200 km northeast of Ta’if, Ar Rjum in Saudi-Arabia.

Sandvik will supply 16 surface drills with AutoMine® readiness for Vale Base Metals’ copper operations in Brazil.

Gruvaktiebolaget Viscaria has placed an order with Metso for the supply of two horizontal grinding mills for its newly reopened copper mine located in Kiruna, northern Sweden.

Epiroc USA has announced the appointment of G.W. Van Keppel Company as its authorised Dealer Partner in Oklahoma, Texas, Kansas, and Missouri, G.W.

The Weir Group PLC and Olayan Saudi Holding Company have announced the signing of the shareholders’ agreement to establish a joint venture in the Kingdom of Saudi Arabia, marking a significant milestone in their collaboration to provide advanced mining technology solutions.

Kal Tire’s Mining Tire Group and Decoda, an Australian mining technology firm, have announced a strategic alliance that will bring mines real-time, autonomous haul road hazard detection to increase truck productivity, tyre life, and fuel efficiency.

In a proactive move to further enhance safety in surface mining operations, Glencore’s McArthur River Mine (MRM) has successfully trialled RCT’s Remote Shutdown System on a grader and bulldozer and has now committed to installing the system on an additional five bulldozers.

Rio Tinto and Glencore have confirmed that they are engaged in preliminary discussions about a possible combination of some or all of their businesses, which could include an all-share merger.

Glenfarne Alaska LNG, LLC, and Donlin Gold LLC have announced that the companies have signed a non-binding Letter of Intent for natural gas supply from the Alaska LNG Pipeline and the development of the infrastructure needed to deliver the gas and power the mine.

Hexagon and Ma’aden are strengthening mining education and workforce development across the Middle East by deepening their strategic partnership at next week’s Future Minerals Forum in Riyadh, Saudi Arabia, 13–15 January.

Sandvik has announced plans to develop a new, purpose-built mechanical cutting and parts and services facility in Saskatoon, Saskatchewan, further strengthening its commitment to supporting mining customers across Central and Western Canada.

Saudi Arabian Mining Company (Maaden) and Midana Exploration Pty Ltd (Hancock) have entered into a shareholders’ agreement to establish a joint venture in the Kingdom of Saudi Arabia (the JV) to accelerate exploration efforts.

Codelco and Hexagon have signed a Memorandum of Understanding (MoU) that sets the foundation for a strategic partnership focused on exploring, developing, validating, and implementing advanced technological solutions throughout the corporation’s operations.

Technology group Wärtsilä has renewed its operation & maintenance agreement with Tasiast Mauritanie Limited S.A., a subsidiary of the Canadian group Kinross Gold Corporation for another three years.