Finance & business

As a training centre for customers, this location allows the company to fully expose the rich possibilities of a smarter, safer, fully connected mine.

Rio Tinto has signed a Heads of Agreement to sell its interest in the Grasberg gold mine.

ESCO will operate as a new division of the Weir Group, and be reported as a separate segment alongside Minerals and Oil & Gas.

Denham Capital has closed its first mining fund and is currently seeking management teams across the globe.

The two firms have agreed to work together on possible acquisitions and share expertise in mining technology.

BHP Billiton proposes a number of short and medium-term measures designed to boost the regional economy in Antofagasta (Chile) through support for local suppliers and the creation of local jobs.

Glencore plc begins a share repurchase programme worth US$1 billion in the period to 31 December 2018.

The refinancing is jointly led by the Bank of Nova Scotia and ING Capital LLC, with participation from the Toronto-Dominion Bank and Export Development Canada.

Vango Mining Ltd provides an update on its conversion of debt to equity, first announced in April this year.

Newmont Mining Corp. (Newmont) successfully achieves commercial production at its Twin Creeks underground expansion project in Nevada (USA).

Resolute Mining Limited’s updated definitive feasibility study (DFS) shows a significant reduction in the Life of Mine All-In Sustaining cost compared to the company’s last update in June 2016.

Today, Komatsu Ltd. (Komatsu) and UMW Corp Sdn. Bhd. (UMW) have officially agreed to establish a joint-venture (JV) sales company.

Kataro Gold Limited has acquired Kibo Nickel Limited’s subsidiary Kibo Nickel Ltd as part of a £200 000 sale.

Proceeds from the placement will be used principally to finalise the bankable feasibility study on the company’s Prieska Zinc-Copper Project in South Africa.

Centerra Gold Inc. (Centerra) enters an agreement with the Government of the Kyrgyz Republic to further extend the first longstop date under the Strategic Agreement for Environmental Protection and Investment Promotion.