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Home/News/Finance & business

Finance & business News

Browse the latest finance & business news and articles.

Rio Tinto invests in US copper mine
5 Dec 20192 min read

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.

Insurers withdrawing cover from coal projects double in 2019
3 Dec 20196 min read

Insurers withdrawing cover from coal projects double in 2019

46% of reinsurance market and 37% of industry’s global assets covered by coal exit policies.

Group Chief Financial Officer leaves FLSmidth
3 Dec 20191 min read

Group Chief Financial Officer leaves FLSmidth

Group Chief Financial Officer, Lars Vestergaard, and the FLSmidth Board of Directors have agreed that Lars Vestergaard will step down and leave FLSmidth effective immediately.

Kore Mining announces agreement with Newmont Goldcorp
2 Dec 20191 min read

Kore Mining announces agreement with Newmont Goldcorp

KORE Mining Ltd. has announced that Newmont Goldcorp Corporation has agreed to accept common shares of KORE in settlement of a future US$1 million payment to Newmont Goldcorp.

Cummins unveils new environmental sustainability strategy
2 Dec 20194 min read

Cummins unveils new environmental sustainability strategy

Cummins Inc. has announced its next environmental sustainability strategy, which includes science-based goals that meet or exceed the goals in the United Nations Paris agreement on climate change.

Rio Tinto approves US$749 million investment in Pilbara iron ore mine
29 Nov 20192 min read

Rio Tinto approves US$749 million investment in Pilbara iron ore mine

Rio Tinto has approved a US$749 million investment in its existing Greater Tom Price operations to help sustain the production capacity of its world-class iron ore business in the Pilbara of Western Australia.

Bacanora Lithium plc Issue of Equity to Cornerstone Shareholder
28 Nov 20191 min read

Bacanora Lithium plc Issue of Equity to Cornerstone Shareholder

Bacanora Lithium plc has raised £7 729 150 (approximately US$10 million) via the placing of 30 916 601 new ordinary shares in the company with one of its long standing cornerstone shareholders, M&G Plc.

27 Nov 20191 min read

ESIA approved for Bougouni Lithium Project

Kodal Minerals has advised that the Environmental and Social Impact Assessment (‘ESIA’) application for the Bougouni Lithium Project has been approved.

ASI improves algorithm to detect drop-offs and other large negative obstacles
27 Nov 20192 min read

ASI improves algorithm to detect drop-offs and other large negative obstacles

ASI has improved an algorithm for autonomous vehicles to detect drop-offs and other large negative obstacles often found in the environments in which automated off-road vehicles operate.

Rio Tinto and EdTech sector to invest in developing the skills of young Australians
26 Nov 20194 min read

Rio Tinto and EdTech sector to invest in developing the skills of young Australians

Rio Tinto will work with leaders in Australia’s education and innovation sectors in a new, disruptive approach designed to tackle a looming skills gap in the nation’s future workforce.

Flexco announces expansion of company’s footprint in West Michigan
26 Nov 20191 min read

Flexco announces expansion of company’s footprint in West Michigan

Flexco recently announced that its Grand Rapids facility will be expanding its operation and moving to a new location.

TOMRA’s technology and partnership approach delivers record-breaking diamond recoveries for Lucara
25 Nov 20193 min read

TOMRA’s technology and partnership approach delivers record-breaking diamond recoveries for Lucara

Lucara’s success at the Karowe mine continues, most recently with rare gem quality blue and pink diamonds recovered in September 2019.

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