24 July 2023
24 July 2023
This is the second time Australia has blocked Chinese investment into the country.
Allied Gold will acquire a 100% stake in Elemental Altus Royalties’ subsidiary Legend Mali III, which indirectly owns 100% of the Diba project.
Impala accomplished this by purchasing the 34% stake held in Royal Bafokeng by rival miner Northam.
Monadelphous will supply and build an overland conveyor and transfer station at Fortescue Metals’ Christmas Creek mine.
The sale forms part of enCore’s plan to divest uranium assets that are not in its production pipeline.
The miner reported revenues of $5.73bn and consolidated debt of $9.5bn in Q2 2023.
The new rules are expected to be effective when passed by the Egyptian parliament later this year.
Qube will provide services such as loading spodumene concentrate and concentrate haulage to the Port of Geraldton.
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