by Gordon Barratt | May 14, 2025 | News
South African coal miner Exxaro Resources (JSE: EXX) has struck a 11.7-billion rand (US$640 million) deal to acquire controlling stakes in two key manganese mines, marking a major step in its shift towards critical minerals. The move, announced Tuesday, gives...
by Gordon Barratt | May 13, 2025 | News
Chilean copper producer Codelco and global miner Rio Tinto will jointly aim to create a copper”mining district” around their shared Nuevo Cobre project in the Atacama region of northern Chile, Codelco said on Monday. The new...
by Gordon Barratt | May 13, 2025 | News
Nasdaq-listed The Metals Company (TMC) has secured a $37-million capital injection through a registered direct offering, positioning the company to advance its commercial plans for harvesting polymetallic nodules from international waters. The financing round is...
by Gordon Barratt | May 13, 2025 | News
Rio Tinto and Sumitomo Metal Mining have signed final agreements to accelerate the development of the Winu copper-gold project in the Great Sandy Desert in Western Australia. Under the joint venture agreement, Sumitomo will pay Rio Tinto up to $430.4 million for a 30...
by Gordon Barratt | May 13, 2025 | News
Thiess, Norton Gold Fields (NGF) and EACON Mining Technology have officially launched a landmark trial of autonomous haulage technology in Australia. The formal partnership agreement was signed during a ceremony in Melbourne, attended by senior executives. “This...
