Boonanarring Mineral Sands Project, Perth
The Boonanarring mineral sands project near Perth, Western Australia, is being developed by...
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MINE Australia – Issue 2
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Mining Mozambique: from rubies to graphite investors
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Lonmin signs $200m metal agreement with Pangaea Investments
Platinum miner Lonmin has signed a $200m metal purchase agreement with Pangaea Investments Management (PIM), an associate company of Jiangxi Copper Company (JCC).
Galena to sell non-core assets into separate entity
Galena Mining has announced its plans to sell its non-core assets into a separate entity, Metal Range, which will be self-funded and operate independently.
Boonanarring Mineral Sands Project, Perth
The Boonanarring mineral sands project near Perth, Western Australia, is being developed by Image Resources.
M&As this week: Bis Industries, Polymetal International
Bis Industries has acquired UGM for an undisclosed sum in a move to strengthen its existing underground services business.
Freeport subsidiary to acquire 80% stake in Chilean copper property
Freeport-McMoRan’s subsidiary Minera Freeport-McMoRan South America has signed an option agreement with Solaris Copper’s subsidiary Minera Ricardo Resources to acquire up to 80% in the early-stage Ricardo copper-molybdenum property in Chile.
Iamgold invests in blockchain firm to improve transparency
Canadian gold producer Iamgold has invested in financial technology company Emergent Technology (EmTech), which uses blockchain technology to track the provenance of responsibly sourced gold and improve transparency in the supply chain.
Deals this week: BHP, OZ Minerals, Kasbah Resources
BHP has signed an agreement with SolGold to purchase an additional 100 million shares priced at £0.045 ($0.062) a share, for £45m ($59.12m).
Barminco wins $238.5m contract extension at Agnew mine
Barminco has secured two contract extensions worth an aggregate value of A$335m ($238.55m) from Gold Fields to continue the provision of services at the Agnew gold mine in the Eastern Goldfields region of Western Australia (WA).
M2 Cobalt to acquire four exploration licences from Olympic Minerals
M2 Cobalt has signed a definitive agreement to acquire four exploration licences (ELs) in the Republic of Uganda from Olympic Minerals.
Cerro Moro Gold-Silver Mine, Santa Cruz Province
Cerro Moro gold-silver mine is located 70km south-west of the port of Puerto Deseado in Santa Cruz province, Argentina, covering 175km². Extorre Gold Mines (EGM), the owner and operator of the mine, was acquired by Yamana Gold in August 2012.
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