3Q19 figures announced for metals and mining industry M&A deals
According to GlobalData’s deals database, M&A deals in the metals and mining industry totalled US$6.98 billion in 3Q19.
The latest mining news
Perseus awards West African mining services contract to EPSA
Perseus Mining has awarded a mining services contract for its Yaouré Mine to EPSA.
Erris Resources signs option agreement with GreenOre Gold
Erris Resources has signed an agreement with GreenOre Gold for the option to acquire 80% of its Scottish gold project.
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USMCA to secure North American mining supply chain
The National Mining Association has issued the following statement applauding the announced deal to proceed with the US-Mexico-Canada Agreement.
Teleremote chute project complete in Indonesia
Autonomous solutions specialist RCT has finalised the last stage of a project to automate 24 underground mine chutes for a client in West Papua in Indonesia.
Kalium Lakes achieves financial close
Kalium Lakes Limited has announced that it has reached financial close and is now able to proceed with first drawdown on its project debt facilities underpinning the ongoing development of its Beyondie Sulphate of Potash Project.
Jiangxi Copper acquires FQM shares
Jiangxi Copper has announced that it will purchase the entire equity interest in PIM Cupric Holdings Limited.
Thriveni, Zyfra to implement first ‘Intelligent Mine’ project in India
Thriveni Earthmovers Private Limited, through its joint venture TSMPL operates India's largest energy conglomerate NTPC’s Pakri Barwadih coal mining project in Jharkhand, India.
Zijin Mining to acquire Continental Gold
Zijin Mining are set to acquire Continental Gold for CAN$1.4 billion.
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U.S. Gold Corp. announces formation of advisory board
U.S. Gold Corp has announced the addition of two members to its newly established advisory board.
Taseko provides update on New Prosperity project
The company’s CEO has released a statement.
Record Profits and Production for NQ
NQ’s Hellyer Mine (Australia) has achieved record profits and production for November.
Industrial lubricants market embracing sustainability
Persistence Market Research expects general industrial oils to remain sought-after.
RCT Global case study: Mandalay Resources – Costerfield Operation, Australia
Canadian mining company Mandalay Resources owns and operates the Costerfield gold-antimony project southeast of Bendigo in regional Victoria, Australia.
Deal activity rises in Europe’s metals and mining industry
Europe’s metals and mining industry saw a rise of 6.5% in overall deal activity in 3Q19, according to GlobalData’s deals database.
KraftPowercon acquires MET
KraftPowercon, Sweden has announced the acquisition of 100% ownership of US-based MET.
Wärtsilä to provide energy storage solution for Malian Mine
The technology group Wärtsilä will optimise the energy system of the Fekola Mine, located in a remote region in southwest Mali.
Rio Tinto halts work at South African mine
Rio Tinto has curtailed operations at Richards Bay Minerals, South Africa, due to violence in the area.
Rio Tinto invests in US copper mine
The company’s US$1.5 billion investment over the next 6 years will extend operations at the Kennecott copper mine (USA) until 2032.