Australian energy major Woodside has approved the $7.2-billion Trion development in Mexico, subject to joint venture approval. Woodside’s share of capital expenditure would amount to $4.8-billion, with the company holding a 60% interest in Trion and acting as...
For a company with “gold” in its name, Barrick Gold Corp. has become noticeably fixated on copper. The world’s second-largest bullion producer recently approached First Quantum Minerals to discuss a potential takeover, reported last week. And while the move was...
After selling its CSA copper mine in Cobar, New South Wales, to Metals Acquisition Corp (MAC) for $US1.1 billion ($1.64 billion) earlier this month, Glencore and MAC have officially closed the sale. Under the transaction, Glencore has received $US775 million...
Lithium Power International (LPI) has parted with its Australian subsidiary, Western Lithium, to Albemarle for a tidy $30 million. The cash for shares agreement is expected to wrap up on July 3, and will see Albemarle take ownership of the Greenbushes and Pilgangoora...
Mineral Resources has announced early results of the first major exploration program at its Mt Marion lithium mine. Drilling results confirm significant exploration potential at depth, along strike and in the surrounding region. Early results intersected...
