Rio Tinto and BHP join Komatsu’s alliance for zero-emission mining
The alliance’s initial work will be to advance Komatsu’s power agnostic truck concept for a haulage vehicle.
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Red Hill Iron to offload stake in RHIOJV for $294m
APIJV will continue to retain a 60% stake in the Red Hill Iron Ore joint...
Yara to sell Brazilian phosphate project to EuroChem for $410m
With the sale, the Norwegian firm anticipates a $400m impairment charge in Q3 2021.
Glencore acquires stake worth $10.5m in copper miner Hot Chili
The investment is expected to support the development of Hot Chili’s Costa Fuego copper-gold project.
Anglo American H1 profit jumps on surging commodity prices
Demand rebounded sharply in China, followed by other regions.
FLSmidth agrees to acquire Thyssenkrupp mining technologies business unit
With an enterprise value of $385.8m, TK Mining supplies solutions for mining systems as well as material handling.
Ten firms agree to buy 60% stake in Zimbabwe’s only gold refiner for $49m
Fidelity Gold Refinery is owned by the country’s central bank.
Bluejay to divest two Finnish mining assets to Metals One
Bluejay will retain the Outokumpu project in Finland and become a significant shareholder in Metals One.
Rio Tinto first half earnings soar on iron ore boom
The miner declared $9.1bn in dividend, with the interim payout ratio representing 75% of H1 2021 underlying earnings.
Germany mining industry IT recruitment activity declines 10.2% in June 2021
Germany mining industry registered a 10.2% decline in IT hiring activity in June 2021 compared with the previous month, according to GlobalData’s Job Analytics index. The industry’s overall hiring decreased…
Capricorn Metals to acquire Mt Gibson Gold Project in Australia
The acquisition is a part of the firm’s strategy to grow into a multi-mine gold company, with a focus on Australian assets.
