Finance & business

Venus is proposing to raise up to £3 million from new investors, following which Ariana will hold approximately 35% of Venus.

Unigold and Barrick will work together to finalize a long-form agreement, a shareholder's agreement and to create a joint-stock Dominican Company to hold the concession permits within the next 60 days.

Rio Tinto’s investment represents a significant step towards unlocking a major new supply of low-CO2-footprint natural rutile and flake graphite.

Kalia is one of the world’s largest and most advanced iron ore development projects.

The Project, located south of Dublin in the counties of Wicklow and South Carlow in the Republic of Ireland, is a promising lithium pegmatite project consisting of 16 prospecting license areas.

Anglo American plc has announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ fifth sales cycle of 2023.

De Beers and the Government of Botswana will work together to progress and implement the formal new sales agreement and mining licences.

Proceeds from the Strategic Investment will be used to advance and accelerate the development of the Company’s flagship Marimaca Copper Project located in the Antofagasta region, Chile.

Rushfeldt has been a board member at Akobo Minerals since late 2021 and recently spent two weeks onsite in Ethiopia building relationships with the operations team.

Rio Tinto is investing in its Kennecott to strengthen its supply of copper in the US by increasing production from underground mining and improving the health of key assets.

FLSmidth has agreed to sell its Non-Core Activities material handling technology assets to KOCH Solutions, accelerating the exit of its Non-Core Activities segment.

The Atlantic Nickel nickel sulphide mine in Santa Rita and the Mineraçao Vale Verde copper mine in Serrote will be acquired on a cash and debt-free basis from funds advised by Appian for an enterprise value of US$1 billion.

The results show that Ariana continues to be a self-sustaining, cash positive, debt free business model, which allows the company to leverage its strengths to grow its business.

Aramine, a world leader in the underground mining industry for over 45 years, has announced the opening of its new subsidiary in Poland.

Anglo American plc has announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ fourth sales cycle of 2023.