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Home/News/Finance & business

Finance & business News

Browse the latest finance & business news and articles.

Mining lubricants industry set to grow
2 Jan 20202 min read

Mining lubricants industry set to grow

According to a recent report, the global mining lubricants market is projected to grow by US$727.4 million.

ALLU Group appoints new CEO
31 Dec 20191 min read

ALLU Group appoints new CEO

Jarmo Jonninen, CEO of ALLU Group, has been appointed as a temporary CEO of ALLU Finland Oy and ALLU Stamix Oy.

Digitalised wastewater treatment solution providers to experience higher growth opportunities
19 Dec 20192 min read

Digitalised wastewater treatment solution providers to experience higher growth opportunities

Analysis from Frost & Sullivan has shown that mining water and wastewater treatment solution providers with closed-loop systems and digitalisation will experience higher growth opportunities.

Aggreko and Resolute sign hybrid power plant contract
17 Dec 20192 min read

Aggreko and Resolute sign hybrid power plant contract

Aggreko has signed a 16 year contract with Resolute to deliver a hybrid power plant at the Syama gold mining complex in Mali.

EvoQuip appoints EWPA in Poland
16 Dec 20191 min read

EvoQuip appoints EWPA in Poland

EvoQuip has announced the appointment of EWPA as the authorised distributor for Poland for the full EvoQuip portfolio of compact crushing and screening equipment, genuine spare parts and machine maintenance.

Rio Tinto acknowledges Takeovers Panel findings
16 Dec 20191 min read

Rio Tinto acknowledges Takeovers Panel findings

Rio Tinto has acknowledged the findings of the Takeovers Panel in relation to Energy Resources of Australia (ERA).

Australia invests in mining education and research
13 Dec 20193 min read

Australia invests in mining education and research

According to GlobalData, Australia has invested AUS$27 million in mining education and research.

Takeovers panel findings in relation to energy resources of Australia
13 Dec 20191 min read

Takeovers panel findings in relation to energy resources of Australia

Rio Tinto has acknowledged the findings of the takeovers panel in relation to Energy Resources of Australia Limited's renounceable entitlement offer to raise US$324 million for the rehabilitation of the Ranger Project area in Australia’s northern territory.

Weir announces changes to Group Executive
13 Dec 20191 min read

Weir announces changes to Group Executive

Weir has announced two appointments that focus on sustainability and technology.

Second mining concession issued for Mutamba heavy mineral sands project, Mozambique
13 Dec 20192 min read

Second mining concession issued for Mutamba heavy mineral sands project, Mozambique

Savannah Resources plc has announced that the Minister of Mineral Resources and Energy in Mozambique has issued Mining Licence 9229C to Mutamba Mineral Sands S.A.

Rio Tinto notes Mongolian parliament resolution on Oyu Tolgoi
12 Dec 20192 min read

Rio Tinto notes Mongolian parliament resolution on Oyu Tolgoi

Rio Tinto has noted the unanimous approval by the Mongolian parliament of a resolution that instructs the government to look for ways to improve the implementation of various legislations.

3Q19 figures announced for metals and mining industry M&A deals
11 Dec 20192 min read

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.

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