MCSA launches diamond-focused module of mining for schools initiative
Minerals Council South Africa has launched its second module of the mining for schools initiative.
Finance & business
NSW mining royalties contribution celebrated by Minister for Resources and Northern Australia
Mining royalties played a vital role in helping states meet growing demands for infrastructure and services.
BHP to sell Cerro Colorado mine to EMR Capital
The sale of the copper mine in Chile’s Atacama desert is expected to close during 4Q18.
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High level of support for Metro Mining’s institutional placement
Metro Mining participates in a bookbuild process to raise AUS$17.5 million.
MinRes: one day left to match Hancock bid
Atlas Iron has provided MinRes with a deadline to match the Hancock takeover bid.
Record mining royalties welcomed by NSW government
“Royalties from the mining sector have been revised up by AUS$813 million, and will deliver a record AUS$1.8 billion in this year alone, and another record AUS$2 billion next year to help fund improved services across the state.”
Erdene reports positive AGM results
Shareholders of Erdene Resources Development Corporation vote in favour of all aspects of business brought forward at the company’s AGM.
Rio Tinto showcases Pilbara operations to investors
The company is aiming to develop greater flexibility across its system of mines, rails and ports in Western Australia through the application of automation and other initiatives.
Mitsubishi Corp. acquires further stake in Quellaveco copper mine
The company has agreed with Anglo American to acquire a further 21.9% equity interest in the mine, increasing its total interest to 40%.
More Finance & business news
Recovery of Cariboo mining industry to help counteract effects of wildfires
According to a recent report by the Chartered Professional Accountants of British Columbia (CPABC), the revival of the mining industry in Cariboo (Canada) is to help offset the effects of wildfires in the region.
US$690 million cobalt stream sale enables Vale to develop underground mine at Voisey's Bay
Vale finalises agreements with Wheaton and Cobalt 27 to sell an aggregate total of 75% cobalt stream, which will allow the company to develop its Voisey Bay mine.
Tharisa acquires 26.8% shareholding in Karo Mining
Tharisa acquires a 26.8% shareholding in Karo Mining Holdings Ltd for US$4.5 million from the Leto Settlement.
Katanga Mining settles DRC legal dispute with Gécamines and resolves KCC capital deficiency
Katanga Mining enters into agreement with its JV partner La Générale des Carrières et des Mines for the termination of legal proceedings brought by Gécamines in the DRC courts and resolve KCC’s previously disclosed capital deficiency.
Rio Tinto appoints new Chief Financial Officer
Rio Tinto appoints Jakob Stausholm as Chris Lynch’s replacement as Chief Financial Officer, effective from September when Lynch is due to retire.
Technical application specialist appointed at Haver & Boecker
Haver & Boecker has expanded its process equipment division through the hiring of a technical application specialist.