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Russian arctic diamond miner ALMAR plans IPO next month

Russian diamond miner ALMAR plans to sell 15% of its shares in an initial public offering next month, betting that a booming gem market will attract investors despite geopolitical tensions weighing on the nation’s stocks. The company plans to list on Russia’s SPB...

TPG and Nokia create private network for mines

TPG Telecom has signed a Memorandum of Understanding (MoU) with Nokia in a partnership to develop mobile private network (MPN) innovations for the mining and energy sectors. The agreement will see the companies collaborate across their extensive portfolios to provide...

SIMEC blasts SRG Global with $150m deal

SIMEC Mining’s Iron Knob site. SRG Global has been awarded a $150 million contract with OneSteel Manufacturing for the provision of mining services at SIMEC Mining’s iron ore operations in South Australia. The five-year contract will begin immediately, with SRG...