Finance & business

Newmont Mining Corporation (Newmont) has recently reported its second quarter 2018 results, which show an 11% decrease in revenue compared to the same period in 2017.

Mitsubishi Corp. has agreed with Anglo American to acquire an additional 21.9% equity interest in their joint venture which is developing the Quellaveco copper mine in Peru.

Rio Tinto and the Government of Quebec have renewed their partnership agreement which endorses their shared commitment to Rio Tinto’s aluminium assets in Quebec.

Teck Resources Limited announces its newest Board appointment, as well as a succession plan for the Chairman.

MICROMINE’s data management solution, Geobank, is to align with IMDEX to integrate with the company’s REFLEX IQ-LOGGER™ core logging technology.

QRC has welcomed the Turnbull Government’s AUS$500 000 investments in four projects under the METS Ignited Growth Centre Bowen Basin Cluster programme.

The US Department of Labor has announced the availability of US$250 000 in Brookwood-Sago grants for mine safety, education and training.

Yesterday, Hecla Mining Company finalised its acquisition of Klondex Mines Ltd.

The company also announced that it had acquired Glencore’s 39% stake in Mototolo, a mechanised platinum mine on the eastern limb of South Africa’s platinum belt.

Motorola Solutions has joined the Siemens’ Solution Partner Program.

For FY18, Harmony Gold Mining Company (Harmony) exceeds its annual production guidance by 4%.

Yesterday, Roxgold Inc. announced the appointment of a new Chief Financial Officer of the company.

De Beers Canada is to purchase 100% of the outstanding securities of Peregrine Diamonds Ltd for CAN$107 million.

CSA Global reveals it has appointed Brendan Clarke as the company’s Manager for Africa.

In a statement, Nevsun’s CEO said that the announcement by Lundin “ignored the fundamental value of Nevsun and its assets.”