Finance & business

Red Hill Iron has entered into a binding agreement to sell its interest in the Red Hill Iron Ore Joint Venture to a subsidiary of Mineral Resources.

Yara has signed a share purchase agreement with EuroChem to sell its Salitre phosphate mining project for a cash consideration.

The directors of Thor Mining Plc have announced the appointment of Paul Wittwer as Exploration Manager, commencing from 2 August 2021.

NRW Holdings are pleased to provide an update post acquisition on recent contract awards of wholly owned subsidiary Primero Group.

Hot Chili Ltd has announced a strategic investment by Glencore to acquire a 9.99% interest in the company.

Rainbow Rare Earths Ltd has announced that work on the preliminary economic assessment for the Phalaborwa rare earths project in South Africa has commenced.

FLSmidth A/S and thyssenkrupp AG have reached an agreement whereby FLSmidth will acquire thyssenkrupp’s mining business.

The Weir Group PLC has released its interim results for the 6 months ended 30 June 2021.

NOVAGOLD RESOURCES INC. has received US$75 million from Newmont Corp. as per the 2018 share purchase agreement in which NOVAGOLD agreed to sell its 50% interest in the Galore Creek project in British Columbia, Canada.

Rio Tinto has committed US$2.4 billion to the Jadar lithium-borates project in Serbia, one of the world’s largest greenfield lithium projects.

Eriez® President and CEO, Lukas Guenthardt, has announced that the company has selected Eric Adams to serve as Managing Director for the company’s newly established Eriez Deutschland GmbH, based in Recklinghausen, Germany.

Gold Royalty Corp. is set to acquire five gold royalties on properties managed by Monarch Mining Corp.

Northern Star Resources has received Ministerial consent relating to the sale of its Kundana gold assets to Evolution Mining.

Freeport-McMoRan Inc. has released its second-quarter and 6-month 2021 results.

BHP has announced the signing of a nickel supply agreement with one of the world’s leading sustainable energy companies, Tesla Inc.