Kingston Resources has struck a binding agreement to divest its Misima gold project, in Papua New Guinea, to Ok Tedi Mining for $95-million. The transaction includes $50-million payable on completion, $10-million 12 months post-completion, a further $10-million upon a...
Rio Tinto has partnered with Chile’s state-owned miner Codelco to progress the Salar de Maricunga lithium project. The partnership aims to develop and operate a high-grade lithium operation in the Atacama region, with Salar de Maricunga holding some of the...
AustralianSuper has emerged as a substantial shareholder in Whitehaven Coal Ltd, having recently acquired more than 42.4 million shares to take a 5.07% stake in the ASX-listed miner, suggesting a potential shift back to metallurgical coal investments. Whitehaven...
Emirates Global Aluminium plans to start building a $4-billion plant in Oklahoma next year as Donald Trump pushes for massive investments from oil-rich Gulf states to avoid his tariffs. The plant will have the capacity to produce as much as 600 000 t/y of primary...
Perenti’s underground mining subsidiary, Barminco, has signed a new $500 million contract with Gold Fields’ Agnew gold mine near Leinster, Western Australia. This contract extension concerns underground mining operations at Agnew, which Barminco has been...
