by Gordon Barratt | Aug 4, 2022 | News
ASX-listed junior Cobre has completed a A$7-million capital raise to fund exploration work in Botswana. The share placement, which was priced at 15c a share, was undertaken in two tranches with the first tranche, consisting of more than 20.3-million shares, placed...
by Gordon Barratt | Aug 4, 2022 | News
Orica has moved to acquire all of the share capital in the entities that own Axis Mining Technology for $260 million in cash. In addition, a deferred earn-out payment up to a maximum $90m is payable based on Axis’ cumulative EBITDA generated from October 1, 2022,...
by Gordon Barratt | Aug 4, 2022 | News
August 3, 2022News Today, the capability and reach of artificial intelligence (AI) is continually expanding as the technology grows in complexity. As a result, mining engineers are faced with new challenges as they are tasked with integrating AI into systems. Part of...
by Gordon Barratt | Aug 3, 2022 | News
Mining solutions provider Orica has announced the acquisition of digital orebody intelligence business Axis Mining Technology for up to A$350-million. The acquisition price would comprise an up-front cash component of A$260-million and a deferred earn-out payment of...
by Gordon Barratt | Aug 3, 2022 | News
General Motors is prepaying Livent $198-million for a guaranteed six-year supply of lithium, a deal that reflects the auto industry’s rising worry about a tightening market for the electric vehicle battery metal. Prepaying cash for a guaranteed metal supply is...
by Gordon Barratt | Aug 3, 2022 | News
Cortez comprises a series of openpit and underground mines. US-based Royal Gold announced the $525-million acquisition of a sliding-scale gross royalty on an area including the Cortez mine and Fourmile development project in Nevada, from Rio Tinto subsidiary Kennecott...
