The Canadian Government has approved Glencore acquiring a 77 per cent stake in Elk Valley Resources (EVR), Teck Resources’ steelmaking coal subsidiary. Clearance from the Canadian Government was the final acquisition hurdle Glencore required for the transaction,...
Caterpillar (Cat) dealer WesTrac has unveiled its new environmental, social and governance (ESG) strategies as part of its commitment to become a more sustainable equipment provider. The company has implemented a new green sustainability badge to help customer...
Diversified resources firm Glencore is set to close its $6.9 billion (R125.7bn) acquisition of Canadian steel-making coal miner Elk Valley Resources (EVR) this week, after receiving regulatory approvals at the beginning of this month. The acquisition of EVR from Teck...
The proposed C$200-million acquisition of Ecuador-focused copper and gold explorer Adventus Mining by Canadian mining company Silvercorp Metals has hit a snag, companies disclosed on Friday. Announced in April as an all-share offer targeting TSX-V-listed Adventus...
Metso is set to deliver grinding plant equipment to South32’s Hermosa project in southern Arizona, US. Under the agreement, Metso will deliver a Premier primary autogenous grinding (AG) mill and a Vertimill VTM-4500 secondary grinding mill to Hermosa. The company may...
Diatreme Resources is set to create Australia’s largest silica sands miner as its takeover bid for Metallica Minerals nears the finishing line. Diatreme announced last week is had secured a 71.2 per cent stake in Metallica, giving it effective control of the...
