Lucapa Diamonds on Wednesday announced that it planned to divest of its 70% interest in the Mothae mine, in Lesotho. This follows a review of the asset portfolio by the company’s newly structured board of directors. “On review, it is clear the company should...
CIMIC Group companies Sedgman and CPB Contractors are set to undertake BHP’s Western Ridge Crusher project (WRC). WRC is a sustaining tonnes proposal for BHP’s Newman iron ore operations. It is located about 21km southwest of Newman in Western Australia. The...
After rejecting BHP’s second takeover bid on Monday, which was predicated on two major demergers, Anglo American has revealed the extent of its own breakup plan. A structural overhaul of its portfolio will see Anglo focus its attention on copper assets in...
Orica is set to expand its lead-free Non Primary Explosives Detonator NPED technology to manufacture the world’s first lead-free electronic blasting system range at its plant in Gyttorp, Sweden. This follows the successful introduction last year of the world’s first...
Brazilian company focused on mining a metal used to strengthen alloys is betting that its mainstay product can also play a key role in improving electric vehicle batteries. Cia. Brasileira de Metalurgia e Mineração is the world’s top producer of niobium, a...
Diversified major Anglo American has rejected a revised proposal put forward by BHP, which valued the UK-headquartered miner at about £34-billion. The structure of the revised proposal, unveiled on Monday, remained unchanged from the previously rejected proposal of...
