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Rio Tinto awards A$400 million mine construction contract to WA business

Rio Tinto has awarded Perth-based company Mondium a contract valued at approximately A$400 million for the design and construction of the Western Turner Syncline Phase 2 (WTS2) mine in the Pilbara region of Western Australia. Mondium will undertake all engineering...

Alcoa Announces Agreement to Sell Gum Springs Facility in $250 Million Transaction

Alcoa Corporation, a global leader in bauxite, alumina, and aluminum products, has agreed to sell its Gum Springs, Arkansas waste treatment facility, to Veolia ES Technical Solutions (VTS) in a transaction expected to close in the first quarter of...

Kinross completes acquisition of high-quality development project

Kinross Gold Corporation is pleased to announce that it has completed its previously disclosed acquisition of Chulbatkan, a high-quality, heap leach development project in Russia, from N-Mining Limited for total fixed consideration of $283 million. The Company has now commenced...

Lode-Star Mining Signs First Toll Milling Contract With Scorpio Golds Goldwedge Mill in Manhattan Nevada

Lode-Star Mining Inc. is pleased to announce the signing of a Toll Milling Agreement between Scorpio Gold Corporation's company affiliate, Goldwedge LLC. The Agreement will allow for the processing of ore delivered from Lode-Star's Goldfield Bonanza Project to Scorpio...

Mondium secures $275m contract for WTS2 mine in Western Australia

Anglo-Australian metals and mining firm Rio Tinto has awarded contract, valued A$400m ($275.9m), to engineering, procurement and construction (EPC) company Mondiumfor the Western Turner Syncline phase two (WTS2) mine in Western Australia. Mondium is a joint venture between Monadelphous and...

Katanga Mining announces agreement to acquire land rights from Gecamines

Glencore refers to the announcement by Katanga Mining Limited in which it announced that Katanga's 75% subsidiary Kamoto Copper Company has entered into an agreement with La Generale des Carrieres et des Mines , its 25% joint venture partner...

Newmont Completes Sale of Interests in KCGM and Updates 2020 Guidance and Long-term Outlook

Newmont announced it successfully completed the sale of its 50 percent stake in Kalgoorlie Consolidated Gold Mines to Northern Star Resources Limited receiving cash proceeds of $800 million. โ€œNewmont is pleased to complete the sale of KCGM to Northern Star...

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