FLSmidth has signed a definitive agreement to divest its cement business to an affiliate of Pacific Avenue Capital Partners, in a deal valued at an initial €75 million ($133 million). The deal comes with the potential for an additional deferred consideration of up to...
The Bureau of Land Management is inviting public input on a proposed coal exploration project in Utah’s Muddy Creek Canyon area as part of a larger federal effort to re-invigorate the coal industry and advance American energy independence. Canyon Fuel Company,...
Vedanta Resources, the Indian mining conglomerate of billionaire Anil Agarwal that was targeted in a short-seller’s report, has lost the top executive of its base metals business, according to people familiar with the matter. Chris Griffith, who joined Vedanta...
As the US turns inward with a sweeping new tariff on copper imports, Australia is positioning itself to step up as a stable, reliable supplier in increasingly fractured global markets. The Minerals Council of Australia (MCA) says President Donald Trump’s...
Private equity firm Kinterra Capital has raised the stakes in its pursuit of New World Resources, increasing its all-cash takeover offer to A$0.064 a share and declaring its bid unconditional– provided it secures more than 30% ownership by 19:00 AEST on Friday...
When operators are pushing thousands of tonnes a day, the last thing any large scale project needs is a bottleneck in material handling. In Australia’s toughest mining environments – from the red dust of the Pilbara to the remote coalfields of Queensland and beyond –...
