Finance & business

ABB’s service agreement with LKAB covers 12 hoists at Kiruna mine, and has been extended until at least the end of 2023.

The directors of Thor Mining Plc have advised that they have entered into an option agreement with Power Metal Resources Plc to divest the Pilot Mountain Tungsten Project in Nevada, USA, for an agreed value of US$1.8 million.

Speedcast has announced that it has been selected by Mining Company Katanga for a three-year contract to deliver satellite connectivity services to its headquarters and a major mine complex in the Democratic Republic of Congo.

IronRidge Resources Ltd has announced that the conditions precedent to the execution of the binding agreement with Piedmont Lithium Inc. have now been satisfied to fully fund and fast track the company's Ewoyaa Lithium Project through to production.

Bastion Minerals Ltd has entered into a binding framework agreement with Sociedad Minera del Norte to enter into an option to acquire 100% of the San Juan Gold Project and surrounding licences within the Atacama Region of Chile.

SunMirror AG has agreed to acquire Latitude 66 Cobalt Oy with its advanced battery metals portfolio to strengthen its position as Europe's 'green metals' company.

Nordic Iron Ore has appointed ABB to scope process control and management systems for a future-proof and fully-digitalised mining operation at the Blötberget iron ore mine

The leadership of Transnet SOC Ltd and the Minerals Council South Africa recently met for a full day detailed workshop, as part of ongoing engagements to ensure operational improvements on the network.

Perenti has delivered an FY21 result consistent with its revised expectations, achieving solid operational performance and growth from its underground mining business and an improved second half performance from its surface mining business.

Macmahon Holdings Ltd has provided an update on the continued growth of its order book.

Akobo Minerals AB has reported its 1H21 results.

The U.S. Department of Energy's Office of Fossil Energy and Carbon Management has announced the selection of six projects to receive a total of nearly US$1 million in federal funding for research and development into creating a sustainable supply chain of critical minerals.

Botswana Diamonds has announced that its JV Okwa Diamonds, has conditionally agreed to acquire Gem Diamonds Botswana and its Ghaghoo diamond mine.

Altus Strategies Plc has announced that it has completed the first closing of its recently announced agreement to acquire an effective 0.418% net smelter return royalty interest on the producing Caserones Copper Mine, located in the Atacama region of northern Chile.

Resolute Mining Limited has confirmed the successful completion of the sale of the Bibiani Gold Mine in Ghana to Asante Gold Corp. for total cash consideration of US$90 million.