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Metso repurchasers its shares

Metso Outotec has completed the repurchase of the company’s own shares, which started on August 9, 2022, and ended on August 22, 2022. During this period, a total of 3,036,000 own shares were repurchased for an average price of EUR 8.2538 per share. The shares were...

Orica aquire Axis

Axis Mining Technology is a leader in the design, development and manufacture of specialised geospatial tools and instruments for the mining industry. The transaction included the acquisition of 100% of the share capital in the entities that own Axis Mining Technology...

Dark mood as miners baulk at energy costs

The prospect of a global recession and doubts over economic stimulus in China, the world’s biggest user of raw materials, add to the challenges of mining companies as they grapple with energy costs, raising the risk of downsizing and layoffs, however,.none of...

Ledden Copper-Gold project

Mistango River has reached an option agreement to acquire a 100% interest in the Ledden Copper-Gold Project in the Chibougamau District of Quebec. The Ledden property is comprised of 26 contiguous cell claims and is located 15 km from the town of Chibougamau “Our...

Aussies government cashing in

The Queensland government is cashing in $1.2 billion three years early, cementing its decision to hike up mining royalties. According to Queensland Resources Council (QRC), the industry has made $800 million in six weeks and is anticipated to generate the four-year...