by Gordon Barratt | Dec 15, 2021 | News
Diversified miner South32 has refinanced its multi-currency revolving syndicated credit facility, securing $1.4-billion of commitments from lenders for a five-year term to 2026. The refinancing offers South32 with options to extend for up to a further two years by...
by Gordon Barratt | Dec 14, 2021 | News
Vale Canada, a subsidiary of Brazilian major Vale, has entered into an agreement to sell its 50% ownership in California Steel Industries to US steel group Nucor for $400-million. Vale, which became a shareholder in CSI in 1984, said on Monday that the disposal was in...
by Gordon Barratt | Dec 14, 2021 | News
Gold miner Newcrest Mining has reached an agreement with Aim- and TSX-listed Altus Strategies and privately held AlphaStream to sell sell a portfolio of 24 royalties. Newcrest will receive total cash consideration of $37.5-million from Altus and AlphaStream payable...
by Gordon Barratt | Dec 14, 2021 | News
Australia and the Republic of Korea have created a new agreement on critical minerals that will strengthen cooperation in resources and energy. The memorandum of understanding on cooperation in critical mineral supply chains comes as President Moon Jae-in visits...
by Gordon Barratt | Dec 14, 2021 | News
A hydrogen-fuelled engine being installed in an Anglo American mine haul truck. Image: Anglo American. Aurizon and Anglo American are investigating hydrogen-powered bulk freight trains to create more sustainable supply chains in mining. As Australia’s largest rail...
by Gordon Barratt | Dec 13, 2021 | News
REMA TIP TOP launched REMAREP ULTRA 10, a two-component repair material that significantly speeds up the repair of minor damage to conveyor belts. As of now, the product is available in a black version in significantly larger 1500 ml cartridges designed for major...
