South African mining production falls 4.3% since March
Statistics South Africa has reported that production across South African mines fell by...
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Kodal Minerals reports growth of Sogola-Baoule prospect
Kodal Minerals has reported an increase in the size of the Sogola-Baoule lithium prospect in Mali after the completion of drilling works.
Rusal begins bauxite exports from Dian-Dian deposit in Guinea
Russian aluminium producer Rusal has started exporting ore from the Dian-Dian bauxite deposit in Guinea, despite the presence of US sanctions on the company due to Russian involvement in Crimea, Syria and Ukraine.
Nolans Neodymium-Praseodymium Project
Australia-based mineral exploration company Arafura Resources is developing the Nolans neodymium-praseodymium (NdPr) project, which is located approximately 135km north of Alice Springs, Northern Territory.
Deals this week: Xanadu Mines, China Magnesium Corporation, New Age Exploration
Xanadu Mines has raised A$10m ($7.4m) through the issuance of new fully paid ordinary shares to domestic and international institutional and sophisticated investors as part of a placement initiative.
M&As this week: GreenBank Capital, Bonterra Resources, South32
GreenBank Capital has acquired a 50% stake in GBC Grand Exploration as part of a non-material transaction.
Avesoro reports increase in Youga gold mine reserves
Canadian firm Avesoro Resources has reported a 29% increase in mineral resource and mineral reserve estimate at its Youga gold mine in Burkina Faso.
BHP to sell Cerro Colorado copper mine in Chile for $320m
Metals and mining company BHP Billiton has reached an agreement to divest its Cerro Colorado copper mine in Chile to private equity firm EMR Capital, in a deal valued at around $320m.
The world’s biggest mining companies in 2018
Industry goliaths such as Glencore, Rio Tinto and BHP emerged as top performing companies, thanks to recovery in global commodities market. Mining-technology.com lists the ten biggest mining companies based on 2017 revenues.
Arc Minerals acquires further 6% interest in Zambian firm Zamsort
Arc Minerals has reached an agreement to acquire an additional 6% interest in Zambia-based Zamsort from two separate shareholders.
Rio Tinto to begin Koodaideri iron mine development next year
Rio Tinto has unveiled plans to commence development of the Koodaideri iron ore mine in the Pilbara region of Western Australia next year.
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