MICROMINE’s data management solution, Geobank, is to align with IMDEX to integrate with the company’s REFLEX IQ-LOGGER™ core logging technology.
Finance & business
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.
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.
De Beers Canada is to purchase 100% of the outstanding securities of Peregrine Diamonds Ltd for CAN$107 million.
In a statement, Nevsun’s CEO said that the announcement by Lundin “ignored the fundamental value of Nevsun and its assets.”
Lunding Mining Corp. plans to acquire all issued and outstanding common shares of Nevsun Resources Ltd.
Alongside the recapitalisation of the company, Bowie Resource Partners has appointed new senior executives.
Simon Jackson has been replaced as CEO by Dr Nicole Adshead-Bell, who acknowledged that the company’s Tucano gold mine in Brazil had “underperformed”.