by Gordon Barratt | Dec 5, 2024 | News
Anglo American has finalised its acquisition of Vale SA’s contiguous Serra da Serpentina iron ore resource, which will be integrated into Anglo’s Minas-Rio operation in Brazil. When the transaction was announced in February, Anglo said it would continue to...
by Gordon Barratt | Dec 5, 2024 | News
BHP and HBIS Group have signed a new memorandum of understanding (MoU) to advance decarbonisation in the steel value chain, marking a major milestone in their partnership. Building on collaborations that began in 2021, the renewed agreement will extend efforts to...
by Gordon Barratt | Dec 5, 2024 | News
Rio Tinto outlined its ambitious strategy for growth and decarbonisation at its 2024 investor seminar in London, emphasising its commitment to energy transition materials. “We have all the building blocks we need to become a global leader in energy transition...
by Gordon Barratt | Dec 4, 2024 | News
Diversified mining company Rio Tinto announced on Wednesday that it would sell a 30% stake in its Winu copper/gold project to Japan’s Sumitomo Metal Mining (SMM) for $399-million. Under the terms of the deal, SMM would pay $195-million upfront and $204-million in...
by Gordon Barratt | Dec 4, 2024 | News
Vancouver-based First Mining on Tuesday announced a milestone for the Springpole gold project, receiving a positive conformity determination from the Impact Assessment Agency of Canada (IAAC). This follows the submission of the final environmental impact statement...
by Gordon Barratt | Dec 4, 2024 | News
Chile plans to invest about $83.18-billion from this year through 2033, state-run agency Cochilco said in a study cited in a newspaper report on Tuesday, an increase of 27% from last year’s estimate. Set to be presented on Wednesday, the Cochilco report will...