Finance & business

Normet has been awarded the Ancillary Underground Equipment Fleet Contract for the South32 Hermosa project in Arizona, USA.

ABB has completed a generational upgrade of mine hoists at LKAB’s Kiruna site in northern Sweden, a milestone in ensuring continued operational productivity, safety, and longevity for at least the next 25 years.

Metso has been awarded an order to deliver key grinding equipment for a greenfield iron ore processing plant in the State of Odisha in India.

The board of Capricorn Metals Ltd has entered into a binding agreement with Sabre Resources Ltd to acquire the prospective Ninghan Gold Project tenement package.

Barrick Gold Corporation has selected Sandvik Mining and Rock Solutions to supply seven surface drill rigs to replace an ageing non-Sandvik fleet at its Porgera gold mine in Papua New Guinea.

Mila Resources Plc has announced that its drilling programme is progressing encouragingly at the Yarrol Gold Project in Queensland, Australia.

Kazera Global plc has entered into a Memorandum of Agreement with Alexkor SOC Limited to extend its current right to mine diamonds at its Alexander Bay operations.

Founders Factory has announced its latest six investments, along-side Rio Tinto, which look to reshape the industry’s future through reduced-impact mining and other breakthrough technologies.

American Pacific Mining Corp. has announced that drilling has commenced at its 100%-owned Madison Copper-Gold Project located in Silver Star, Montana.

Cosmo Metals Ltd has completed the acquisition of the highly prospective Bingara and Nundle gold – antimony and copper exploration projects New South Wales (NSW), Australia.

Kodal Minerals has announced that the Foulaboula exploitation permit has been approved for transfer from Future Minerals SARL to Les Mines de Lithium de Bougouni.

Prospect Resources Ltd has executed an investment agreement with First Quantum Minerals Ltd to make a placement to raise new equity proceeds of approximately AUS$15.2 million.

Epiroc AB has won a significant contract to deliver a major fleet of fully autonomous and electric surface mining equipment to Fortescue in Australia.

Akobo Minerals AB, a Scandinavian-based Ethiopian gold producer, provides an operational update for March 2025.

Epiroc has won a large order for underground mining equipment and aftermarket support from Hindustan Zinc Limited in India.