Tenova to invest in three R&D projects with focus on Industry 4.0
Tenova is launching three cooperative Industry 4.0-focused R&D projects with leading European players in the mining industry.
Finance & business
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MCA and Clontarf Foundation form new Indigenous education and employment partnership
Australian mining backs effective programmes which support education, employment and a better future for young Aboriginal men.
Altura secures extra US$15 million for lithium project
An agreement for additional funds of US$15 million have been executed with Altura’s existing loan note holders.
Australian workers and business to benefit from TPP-11 trade deal
New modelling confirms a boost to Australian jobs, workers and wages from the TPP-11 trade agreement.
Lundin Mining surrenders bid for Nevsun
Lundin Mining Corporation (Lundin Mining) announces it is to surrender Nevsun Resources Ltd. after an offer by Zijin Mining Group Co. Ltd.
Vast provides an update on financing the Blueberry project
Vast Resources plc reports that its subsidiary, EMA Resources Ltd, has been permitted an extension for the financing of the Blueberry project in Romania.
Dalradian obtains final court order in support of arrangement
Dalradian Resources Inc. receives final court order from Ontario Superior Court of Justice, approving its proposed arrangement with Orion Mine Finance.
QRC welcomes rise in mining investment
The Queensland Resources Council has welcomed new national accounts figures that indicate the continued importance of the mining industry to the Australian economy.
Bluejay Mining appoints new general manager
Bluejay Mining plc appoints a leading Danish geologist as General manager of the company and as Executive Director of the subsidiary boards of Dundas Titanium A/S and Disko Exploration Ltd.
Indonesia-Australia trade agreement to benefit both nation’s resources sectors
The completion of the Comprehensive Economic Partnership Agreement, is anticipated to benefit both the Australian and Indonesian resources sectors.
Eastern Goldfields suspends Davyhurst mining operations
The company has temporarily suspended operations at Davyhurst gold mine in an attempt to mitigate spending.
Northern Star Resources completes institutional placement
The proceeds of the placement will be used to help fund the company’s acquisition of the Pogo underground gold mine in Alaska, US.
Monarques suspends production at Beaufor
The decision to suspend has been attributed to the low grades of the ore mined at Beaufor in recent quarters, combined with the persistent weakness in the price of gold and difficulties recruiting qualified manpower in the region.
Rio Tinto’s Amrun project spends over AUS$1.5 billion with Queensland companies
The soon-to-be competed bauxite project has been built using local companies with over AUS$1.5 billion worth of contracts awarded to Queensland suppliers.