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14 December 2018
M&As this week: Intermin Resources, Barrick Gold, Gecamines
Intermin Resources has agreed to merge with MacPhersons Resources to form a new company called Horizon Minerals.
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14 December 2018
Indonesia’s Silkroad Nickel signs $291.71m nickel ore offtake deal
Indonesian nickel mining group Silkroad Nickel’s subsidiary PT Teknik Alum Service has signed an offtake agreement to supply nickel ore to PT Transon Bumindo Resources (PT TBR).
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14 December 2018
Deals this week: Rio Tinto, Newcrest Mining, MSP Engineering
Rio Tinto has awarded a $45m contract to Pindan to build a 780-room accommodation camp for the Koodaideri iron ore project in Pilbara, Australia.
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14 December 2018
13 feared dead at illegal coal mine in Meghalaya, India
At least 13 workers are feared dead after being trapped inside an illegal coal mine in the Indian state of Meghalaya.
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13 December 2018
BHP and EMR’s $320m Cerro Colorado deal collapses
The $320m sale of BHP’s Cerro Colorado copper mine in northern Chile to private equity fund EMR Capital has collapsed following the latter’s failure to meet the financing conditions for...
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13 December 2018
Illegal gold mining destroying Amazon rainforest, new study reveals
A research study carried out by non-profit environmental groups revealed that rising small-scale illegal gold mining in the Amazon rainforest is causing significant damage to waterways and forests.
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13 December 2018
Ramelius makes improved offer for Explaurum acquisition
Ramelius Resources has made an improved takeover offer for the Australian gold exploration and development company Explaurum.
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12 December 2018
Newcrest and Harmony sign MOU with PNG for Wafi-Golpu project
Newcrest Mining and Harmony Gold Mining Company have entered a memorandum of understanding (MOU) with the Government of Papua New Guinea (PNG) over the development of the Wafi-Golpu gold mine...
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12 December 2018
Nusantara to advance Awak Mas gold project development
Nusantara Resources has reached an agreement to secure funds through a private placement to advance the development of the Awak Mas gold project, located in Sulawesi province, Indonesia.
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12 December 2018
Simpec wins piping contract for Kwinana LHPP1 processing plant
Simpec has secured an A$8m ($5.76m) piping contract for the Chinese company Tianqi Lithium’s Kwinana LHPP1 processing plant in Western Australia.
