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Arizona Lithium raises more cash

Lithium developer Arizona Lithium will raise A$12-million in a share placement to institutional and sophisticated investors to fund work at its Big Sandy lithium project, in the US. The company at the end of March announced plans to raise A$32.5-million in capital,...

BHP may reconsider investments in Chile

Global miner BHP Billiton is likely to reconsider its investment plans in Chile, the world’s No. 1 copper producer, if the government moves ahead with mining tax hikes, according to a report on Sunday. The company was quoted by El Mercurio newspaper as saying in...

Ensham contract for Thiess Rehabilitation

Following its launch in March of this year, Thiess Rehabilitation has been awarded its first contract, a 3.5 year partnership with Idemitsu Australia’s Ensham Resources to deliver mine rehabilitation solutions that create areas for...

Mixed outlook in Rio Tinto quarterly report

Delivery of first ore at its Gudai-Darri mine in the Pilbara helped strengthen Rio’s operational performance. Rio Tinto has highlighted strong performance at a number of its sites, while flagging “considerable” headwinds in China and a “weakening” economic outlook...