Fortescue’s interest in Red Hawk Mining has increased to 66.23 per cent, making the iron ore miner the company’s majority shareholder. The increased shareholding follows Red Hawk’s largest shareholder, TIO (NZ), accepting Fortescue’s $254 million takeover offer. As of...
A feasibility study for a common user critical minerals advanced processing facility based in Perth, Western Australia is set to receive a $3 million joint investment from the WA and Federal Governments. The funding will be granted through the $10.2 million Critical...
BHP has awarded a contract worth approximately $40 million to support the proposed expansion of its Olympic Dam copper smelter and refinery facilities in South Australia. A joint venture between Fluor Australia and Hatch have been granted the engineering, procurement...
Thiess has secured a 16-month contract extension at the Wahana East Extension project in South Kalimantan, Indonesia. The contract extension officially commenced in January 2025 and will see Thiess continue delivering full mining services such as load and haul, drill...
Africa’s biggest copper producers, the Democratic Republic of Congo and Zambia, are working on deals to gain exposure to metal trading as a demand surge linked to artificial intelligence and the shift to greener energy promises hefty profits. Metals trading has...
Two former company executives with inside knowledge of Barrick Gold’s operations in West Africa are helping to drive Mali’s demands for a payment of around $200-million from the Canadian miner, according to people familiar with the talks. Mamou...
