13 August 2025
13 August 2025
Survey suggests power infrastructure is the biggest barrier to investing in electrification of mining vehicles.
These measures represent the most recent efforts by President Donald Trump's administration to establish peace in eastern Congo.
In the wake of new US tariffs on industrial machinery, the mining equipment sector faces rising costs, delayed deliveries, and shrinking margins. Financiers and manufacturers are being pushed to rethink sourcing and risk models, ushering in a new era where flexibility is the key to survival.
This move is part of a broader $500m (C$688.07m) financing package aimed at advancing the company's mining projects.
The new JV will merge Ganfeng's Pozuelos-Pastos Grandes project with Lithium Argentina's Pastos Grandes and Sal de la Puna projects.
This marks the first such find for De Beers in more than 30 years and signals a potential boost for the country's diamond industry.
The company intends to undertake detailed mapping of the newly acquired claims and assess historical data.
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