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Australian mining news

 

Orica announces sale of Minova to Aurelius Group

Orica has entered into an agreement to sell its Minova business to Aurelius Group for AUS$180 million, subject to transaction costs and customary completion adjustments.

 
 
 

Alien Metals forms iron ore subsidiary

Alien Metals Ltd has formed a new wholly owned subsidiary named Iron Ore Company of Australia Pty Ltd, as part of its development of the Hancock and Brockman Iron Ore projects.

 

EnviroGold to reprocess Hellyer Gold Mine tailings

EnviroGold Global Ltd has agreed to commercial terms with Hellyer Gold Mines Pty Ltd to reprocess the tailings owned by HGM at the Hellyer Gold Mine, Tasmania, Australia.

 
 
 

Castillo Copper provides Picasso Lithium update

Castillo Copper Ltd’s Board has announced that the the geology team had a successful field trip to the Picasso Lithium Project, confirming a 10 km zone of pegmatites in the tenure’s north-east quadrant.

 

Evolution Mining to acquire Ernest Henry Mining from Glencore

Glencore and Evolution Mining Ltd have entered into a binding agreement for the sale and purchase of Glencore’s 100% interest in Ernest Henry Mining Pty Ltd, the owner of the Ernest Henry Mining copper-gold mine in Queensland, Australia.