Finance & business

Gold Fields Limited and Asanko Gold obtain Ghanaian government approval for the closure of their joint venture transaction.

Austmine has announced Accenture as a new industry leader as part of the organisations METS sector membership.

Minerals Council South Africa has launched its second module of the mining for schools initiative.

Mining royalties played a vital role in helping states meet growing demands for infrastructure and services.

The sale of the copper mine in Chile’s Atacama desert is expected to close during 4Q18.

Metro Mining participates in a bookbuild process to raise AUS$17.5 million.

Atlas Iron has provided MinRes with a deadline to match the Hancock takeover bid.

“Royalties from the mining sector have been revised up by AUS$813 million, and will deliver a record AUS$1.8 billion in this year alone, and another record AUS$2 billion next year to help fund improved services across the state.”

Shareholders of Erdene Resources Development Corporation vote in favour of all aspects of business brought forward at the company’s AGM.

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.

The company has agreed with Anglo American to acquire a further 21.9% equity interest in the mine, increasing its total interest to 40%.

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.

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 a 26.8% shareholding in Karo Mining Holdings Ltd for US$4.5 million from the Leto Settlement.

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.