The firms will also consider joint development of the Mt Alexander lithium project in Western Australia.
KGHM will acquire an initial 50% stake in Azimut’s Kukamas property by incurring exploration expenditures of $5m.
JCHX will purchase a 50% stake in CMH Colombia, which will hold 100% of the Alacran Project.
Vale’s base metal unit is estimated to have capital expenditure of $20bn and will be headquartered outside of Brazil.
The Valeria coal project would have production capacity of up to 20 million tonnes per annum Run of Mine coal.
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The proposed West Cumbria Mining’s Woodhouse Colliery project will produce coking coal for the steel industry.
Boss Mining is expected to have average production of 1,800t of copper cathode and 300t of cobalt hydroxide a month.
The two parties intend to jointly work on advancing exploration activity in the Ring of Fire, northern Ontario.
Equinox Gold’s interest in Canadian firm Solaris Gold has been reduced to less than 10%.
The dredge pump market is increasingly buoyant as the world undergoes urbanisation, industrialisation, and a rise in agricultural production – plus growing environmental protection concerns.
The acquisition is expected to increase Askari Metals’ footprint of the Uis Lithium Project to an area of 308.12km².
Glencore will receive up to 100% of ACE’s products from four lead-acid and lithium-ion battery recycling parks.
The three companies will fund and support innovators seeking to eliminate, minimise, find value in or reuse mines’ tailings.
As per the non-binding terms sheet, NTEC will manage all permitting and contract mining services for the Big Sandy project.