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Home/News/Finance & business

Finance & business News

Browse the latest finance & business news and articles.

Rio Tinto showcases Pilbara operations to investors
18 Jun 20184 min read

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
18 Jun 20181 min read

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%.

Recovery of Cariboo mining industry to help counteract effects of wildfires
18 Jun 20183 min read

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
14 Jun 20186 min read

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
14 Jun 20183 min read

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
13 Jun 20184 min read

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
12 Jun 20182 min read

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
7 Jun 20182 min read

Technical application specialist appointed at Haver & Boecker

Haver & Boecker has expanded its process equipment division through the hiring of a technical application specialist.

Eriez recognised for leadership in exporting US products to Chile
7 Jun 20181 min read

Eriez recognised for leadership in exporting US products to Chile

Eriez has earned the Export Leadership Award after demonstrating exemplary leadership when exporting products to Chile.

US$40 million debt financing facility secured for construction of Tuvatu Gold Project
6 Jun 20182 min read

US$40 million debt financing facility secured for construction of Tuvatu Gold Project

Lion One Metals Ltd enters into an indicative term sheet with Sinosteel Equipment & Engineering Co., Ltd. and Baiyin International Investment Ltd. for a US$40 million debt financing facility.

World’s largest mining companies deliver impressive 2017 financial performance
6 Jun 20185 min read

World’s largest mining companies deliver impressive 2017 financial performance

PwC’s ‘Mine 2018’ report analysis confirms an upswing in the mining cycle, which comes on the back of rising global economic growth and a recovery in commodity prices.

Cruz Cobalt signs LOI to acquire two Cobalt-Nickel-Copper projects in Norway
4 Jun 20182 min read

Cruz Cobalt signs LOI to acquire two Cobalt-Nickel-Copper projects in Norway

Cruz Cobalt Corp. signs a letter of intent (LOI) with EMX Royalty Corp. and Fennoscandian Investment Group to acquire two Cobalt-Nickel-Copper projects in Norway.

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