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AIC Mines makes a final play for Demetallica

ASX-listed AIC Mines will start the compulsory acquisition of the remaining shares in takeover target Demetallica after acquiring more than a 90% interest in the company. AIC Mines earlier this year launched a takeover offer for Demetallica, offering one of its own...

Rio, Oz Minerals and Boliden partner on tailings

Diversified miner Rio Tinto, copper miner Oz Minerals and Swedish metals major Boliden will partner on an initiative to manage tailings. Under the umbrella of the Think & Act Differently (TAD) incubator initiative the three companies will fund and support...

Exploration spend surges to new heights – ABS

Mineral exploration expenditure in Australia reached a record high of A$1.08-billion during the September quarter, new data from the Australian Bureau of Statistics (ABS) has shown. Expenditure on mineral exploration in the September quarter was up 2.6%, or some...

Argentina is pressing US for exception to tap EV bonanza

The world’s fastest-growing lithium producer is lobbying hard to gain access to President Joe Biden’s new electric vehicle tax credits, despite Argentina not meeting the requirement of being a US free-trade partner. So far, it’s being rebuffed. Designed to end China’s...