Finance & business

Rio Tinto has agreed to amend a previously agreed funding plan with Turquoise Hill Resources while its proposal to acquire all outstanding shares is evaluated.

Epiroc will relocate the production and development of drill rigs for surface construction from Japan to its facility in Nanjing, China.

CAVU Mining has signed a definitive agreement to acquire the Star copper gold porphyry project in British Columbia from Prosper Gold.

Thiess’ the team has executed the recent contract extension at Oyu Tolgoi copper mine through the company’s longstanding joint venture, Thiess Khishig Arvin.

Anglo American plc has announced the value of rough diamond sales for De Beers’ fourth sales cycle of 2022, amounting to US$604 million.

East Star Resources has announced a farm-in to the Talairyk Ionic Adsorption Clay heavy rare earth element project, located in the Kostanay region of Kazakhstan.

Monarch Mining Corp. has reported its results for the third quarter ended 31 March 2022.

Resolution Minerals Ltd has announced the execution of a significant, multi-year farm-in and joint venture agreement with OZ Minerals Ltd.

Arc Minerals has entered into an agreement with a subsidiary of Anglo American to form a JV with respect to its copper-cobalt project in Zambia.

Jubilee Metals Group has provided a performance update from its South African Inyoni PGM and Chrome Operations and its Zambian Southern Copper Strategy.

Solaris Resources Inc. has received approximately CAN$30.4 million from the exercise of common share purchase warrants.

Orica has announced improved first half results, driven by better market conditions and a refreshed strategy.

Fireweed Zinc has announced its acquisition of the Gayna River Zinc project, containing the critical metals zinc, gallium and germanium, in addition to lead and silver.

Golden Arrow Resources has optioned its Mogote Copper-Gold Project, in San Juan Province, Argentina, to Syndicate Minerals.

SQM and LG Energy Solution have taken a step further in terms of innovation and technology after signing a memorandum of understanding to strengthen their business relations.