Mining Engineering’s Weekly Rundown: Episode 50

Welcome to Mining Engineering’s Weekly Rundown, where we break down the latest news shaping the mining industry. As usual, we’re diving into a few major headlines that are striking the sector.
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First, the Department of Labor reports that the mining industry reached a historic low injury rate in 2025, signaling continued progress in worker protection. The Mine Safety and Health Administration recorded an all injury rate of 1.74 per 200,000 hours worked, down from 1.82 the year prior. The metric captures all reportable incidents, including fatalities, lost time injuries and cases requiring medical treatment. Officials credit stronger training programs, improved technology and consistent enforcement for the decline. Leadership at MSHA states that tracking injury data remains central to refining safety standards and ensuring miners return home safely each day. The agency plans to continue working closely with operators to sustain and improve these gains.
Next, Barrick Mining is advancing plans for its North American IPO, naming Wessel Hamman as chief financial officer and Tim Cribb as chief operating officer of the new entity. The company is pushing forward with a broader restructuring effort that includes a leadership transition and a sharpened focus on high value assets. The North American unit, which produced roughly 2 million ounces of gold in 2025, will anchor the listing, expected by year end. Investors have pushed for clearer value from Barrick’s global portfolio, especially amid strong gold prices, and the company has responded by reviewing higher risk operations and working to improve performance at Nevada Gold Mines alongside its partner Newmont. Some analysts suggest the latest update may signal a delay as Barrick works through operational and partnership challenges before bringing the offering to market.
Finally, President Donald Trump has lifted the federal mining ban near Minnesota’s Boundary Waters Canoe Area Wilderness, reopening access to more than 225,000 acres of mineral rich land in the Superior National Forest. The decision reverses a 20-year withdrawal and supports projects like Twin Metals Minnesota, which targets copper, nickel and cobalt deposits in the Duluth Complex. This will restart a complex permitting path that requires federal and state approvals, environmental review and resolution of prior lease disputes. Supporters argue the change strengthens domestic mineral supply chains, while environmental groups and some political leaders have pledged to challenge the decision, citing risks to a sensitive wilderness area. The outcome will likely hinge on regulatory scrutiny, legal appeals, and ongoing public debate as stakeholders weigh economic opportunity against environmental protection.
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