All articles by Srivani Venna
Srivani Venna
NLMK Group signs MoI for new metals and mining project in Russia
The project will include the expansion of the existing open-pit mine to increase iron ore output to 67Mtpa.
Tesla to invest $1bn on Australian-mined battery raw materials
According to government figures, Australia’s exports of hard rock lithium are expected to hit $773m (A$1bn) this year.
Metso Outotec to deliver grinding technology to Mapa Group’s gold mines
The Premier and Vertimill mills are expected to be delivered in January next year.
Macarthur Minerals to trial Lavo’s hydrogen energy batteries
Macarthur will be assigned between three to five hydrogen storage units to be integrated into accommodation facilities.
DPM signs agreement to acquire shares in INV Metals
The Loma Larga project has the potential to produce an annual average of nearly 200,000 gold ounces in its first five years.
Copper Mountain Mining reports record revenues in Q1 2021
Copper Mountain Mining has reported revenues of $130.4m (C$162.2m) in the first quarter of this year, compared with $39.89m (C$49.6m) in the same period last year.
New South Wales conditionally approves Mangoola Coal mine extension
Australia’s New South Wales (NSW) Independent Planning Commission has conditionally granted approval to Mangoola Coal Operations to extend a coal mine in the Upper Hunter Valley.
Fortuna Silver Mines to acquire Roxgold for $804m
Canadian company Fortuna Silver Mines has signed a definitive agreement to acquire all the issued and outstanding securities of West Africa-focused Roxgold in an $804m (C$1bn) deal.
Kazatomprom to sell stake in Ortalyk uranium mining operation
JSC National Atomic Company Kazatomprom has signed an agreement to sell a 49% stake in its wholly owned Ortalyk uranium mining operation to China General Nuclear Power Corporation (CGNPC) subsidiary for $435m.
Debswana Diamond to construct underground mine in Botswana
Debswana Diamond is reportedly set to construct the world’s largest underground diamond mine at Jwaneng, Botswana, with a $6bn investment.