AngloGold grants approval to Regis Resources for Tropicana acquisition
AngloGold Ashanti has approved Regis Resources' acquisition of a 30% interest in the Tropicana project in Western Australia from joint venture partner IGO.
Commodities
Sierra Metals to construct magnetite processing plant at Bolivar Mine
Sierra Metals is set to invest $28m for the construction of a magnetite processing plant...
Hexagon to supply software solutions for Indonesian gold mine
Swedish technology company Hexagon has received a new contract to deliver a multi-solution project at the Toka Tindung gold mine...
IG Global enters Kazakhstan’s mining industry with new subsidiary
IG Global Group (IGG) has established a wholly owned subsidiary, IG Copper and Gold, to enter the mineral-rich country of...
Alamos seeks $1bn from Turkey over stalled gold project
Alamos Gold is seeking more than $1bn in claims from the Turkish Government for what it considers as 'inequitable treatment'...
Chifeng calls off deal to acquire Ghana gold mine from Resolute Mining
China’s Chifeng Jilong Gold Mining has terminated the $105m deal signed last year with Resolute Mining to acquire the Bibiani gold mine in Ghana. The move comes as Resolute Mining…
Equinox Gold divests Pilar Gold Mine in Brazil for $38m
Equinox Gold has divested its entire stake in the Pilar Gold Mine in Brazil to Canadian firm Pilar Gold in a $38m cash deal. Under the arrangement, Equinox will receive…
Australia’s NSW Government to buy out entire Watermark coal mine permit
Australia's New South Wales (NSW) Government is reportedly planning to purchase a mining permit granted to China Shenhua Energy for the Watermark coal mine. Shenhua would be paid less than…
India’s NALCO secures long-term mining lease for Utkal-E coal block
India-based National Aluminium Company Limited (NALCO) has secured a 30-year mining lease for the Utkal-E coal block in the state of Orissa. Granted by the Department of Steel & Mines,…
Savannah receives EIS approval for Portugal lithium mine
Savannah Resources has received environmental impact study (EIS) approval from Portuguese environmental regulator Portuguesa do Ambiente (APA) for the Mina do Barroso lithium project. APA said that the company’s environmental…
Australia’s Orocobre signs $3bn merger deal with Galaxy Resources
Australian lithium chemical company Orocobre and rival firm Galaxy Resources have signed a $3.09bn (A$4bn) deal to merge and create a global lithium chemicals company. The merger would create the…
