Chinese gold mining major Zhaojin has upped its unsolicited takeover bid of Tietto Minerals to the tune of $733 million. Australian-based Tietto, of which Zhaojin is a key shareholder, today urged its shareholders to “take no action” on the offer until it could...
Gold Road Resources has responded to recent speculation it will soon acquire Canada’s Greenstone Gold Mines. The company confirmed it is in the midst of a sale process conducted by US mining investment company Orion Resource Partners for the mines but said nothing is...
China’s Zhaojin Mining said it is raising its offer to buy the shares it does not already own in Tietto Minerals to up to A$733-million, sending the Australian gold explorer’s shares to a one-year high. Last October, Zhaojin had placed a bid for Tietto...
Aluminum and nickel surged on the London Metal Exchange as traders responded to new US and UK sanctions that banned deliveries of any Russian supplies produced after midnight on Friday. The new restrictions, aimed at curbing President Vladimir Putin’s...
Thiess has locked in a six-year contract extension with BHP for the Mount Arthur South coal operations in the Hunter Valley region of New South Wales. Worth $1.9 billion, this contract will see Thiess continue to provide mining services at the Mount Arthur South mine,...
Mineral Resources (MinRes) has reached milestones at its Mount Marion lithium operation and Onslow Iron project, both located in Western Australia. The company announced it has begun preliminary development works to support future underground mining at Mount Marion....
