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Showing 20 results out of 10000

Corporate strategy

As EV sales are rising, recyclers are getting ready for spent batteries

With governments investing in electric cars, securing future critical mineral supplies – including through battery recycling – is top of mind.

Market Data

EDMS to merge with Hughes Drilling

Australian firm Everyday Mining Services (EDMS) has entered into a binding agreement to merge with Hughes Drilling.

Market Data

Sudan and Saudi Arabia to start exploration in Red Sea

Sudan and Saudi Arabia are planning to produce large quantities of gold, silver and copper from the Red Sea within three years.

Market Data

Lydian subsidiary receives exploration and mining licence in Georgia

Lydian International's subsidiary Georgian Resource Company has received an exploration and mining licence foran area of gold mineralisation in Guria province of western Georgia.

Market Data

ENRC to acquire stake in Kazakh coal mine

Eurasia Natural Resources (ENRC) is planning to acquire two million common shares of Shubarkol Komir from Eurasian Industrial (EIC) for an aggregate value of $600m and assumed debt of about $50m.

Market Data

American Bonanza acquires mining fleet for US gold mine

American Bonanza Gold has acquired a mining fleet for the transition to owner-mining at its Copperstone gold mine in Arizona, US.

Market Data

CDB to provide $1.43bn financing for Russian aluminium smelter

China Development Bank (CDB) has signed a deal with Russian state bank VEB to provide $1.43bn project financing for the first stage of UC RUSAL's Taishet aluminium smelter.

Market Data

Thor Mining completes feasibility study on Australian project

Thor Mining has completed a definitive feasibility study (DFS) on the Molyhil tungsten and molybdenum project in the Northern Territory, Australia.

Market Data

Deals this week : ENRC, China Nickel, B2Gold and more...

Eurasia Natural Resources (ENRC) is planning to acquire two million common shares of Shubarkol Komir from Eurasian Industrial for an aggregate value of US$600m and assumed debt of about US$50m.

Market Data

Astra Resources receives trading licence for Indian port

Astra Resources has received a trading licence to trade and transport self-mined and third party mined iron ore to Paradip Port in Orissa, India, where it can be exported.

Market Data

Nyota Minerals discovers gold in Ethiopia

Nyota Minerals has made three new gold discoveries at the 3,200km2 Northern Blocks, located about 100km north of Tulu Kapi gold project in Western Ethiopia.

Market Data

Codelco to receive $6.75bn in debt finance from Mitsui

Corporación Nacional del Cobre de Chile (Codelco) has entered into an agreement with Mitsui & Company to receive debt finance of up to $6.75bn, which will be utilised for the acquisition of up to 49% of shares of Anglo American Sur.

Market Data

Astra and CRCDS to develop iron sand deposits in Philippines

Astra Resources has signed a memorandum of understanding (MoU) with Cagayan River Construction & Development (CRCDC) to form a joint venture (JV).

Market Data

Peabody and ArcelorMittal receive approval for Macarthur Coal acquisition

Peabody Energy and ArcelorMittal have received clearance from the Ministry of Commerce of the People's Republic of China (MOFCOM) to proceed with the acquisition of Macarthur Coal for A$4.8bn (US$4.8bn).

Market Data

BHP to provide $1.2bn for Olympic Dam project in Australia

BHP Billiton will provide $1.2bn to develop an open pit mine, as part of the first phase of the Olympic Dam project in South Australia.

Market Data

Macmahon and Operta JV secures Mongolian coal mine contract

Macmahon Holdings and German firm Operta's joint venture (JV) has won a contract for coal mining operations at the Tavan Tolgoi mine in Mongolia.

Market Data

Trevali Mining and Xstrata sign toll milling agreement

Trevali Mining and Xstrata Canada's Xstrata Zinc Canada division have entered into agreements for toll milling and a metal concentrate purchase offtake.

Market Data

Mitsui to invest in Australian coal mine extension

Japanese firm Mitsui & Co is planning to invest 9.6bn yen ($124m) in the Kestrel mine extension in Queensland, Australia, due to a recent increase in development costs.

Market Data

PT Antam to refine PTAR's gold and silver bullion

G-Resources Group's Indonesian subsidiary PT Agincourt Resources (PTAR) has entered into an agreement with PT Antam to refine gold and silver bullion.

Features

How rare are rare earth minerals?

When China made cuts to its rare earth exports, the rest of the world was forced to dig for its own valuable reserves. Sarah Blackman reports on some of the recent discoveries which could one day overshadow China and its monopoly on rare earth elements.