Equinox Gold has agreed to sell its 100% interest in the Pan mine, Gold Rock project, and Illipah project in Nevada to Minera Alamos in a $115-million transaction. The deal includes $90-million in cash and $25-million in Minera...
The seismic event that caused a fatal collapse at Codelco’s biggest mine in Chile is likely to have been caused by mining activity rather than nature, according to a person with direct knowledge of the matter. The probable scenario being used inside Codelco is that...
Rio Tinto has approved a $US180 million ($276 million) investment to develop the Norman Creek area at its Amrun bauxite operations in Queensland. Construction is already underway on key infrastructure including a 19km haul road, camp accommodation and a communications...
Fortescue has secured a Renminbi-denominated (RMB) $14.2 billion ($3 billion) syndicated term loan, marking the first RMB facility of its kind by an Australian company. The deal, backed by leading Chinese, Australian and international lenders, is a significant step in...
Exploration and development company Snowline Gold’s Valley project in the Yukon Territory is emerging as a globally significant gold deposit, with the potential to become one of Canada’s largest openpit operations – and one of the lowest-cost, CEO Calum Morrison said....
About a dozen miles south of Colorado Springs, a smokestack rises from a cluster of boxy beige buildings, flanked by a giant mound of coal and a web of metal power lines. Built in 1980, the Ray D. Nixon Power Plant is the city’s last remaining coal-fired power...
