Sectors

LG Energy Solution inks deal with Australian mining company for nickel and cobalt

South Korea’s LG Energy Solution has entered into a six-year agreement with an Australian mining company for cobalt and nickel, securing a stable supply of key minerals to make electric vehicle batteries. LG Energy, a subsidiary of LG Chem, will...

Jubilee and Mopani Copper Mines enter MoU for refining facility

Jubilee has announced the execution of a binding MoU Mopani Copper Mines for the implementation of additional copper and cobalt refining capacity through the recapitalisation of existing refining capacity placed under care and maintenance by Mopani. This additional refining capacity...

Codelco breaks ground at $1.4bn Salvador copper mine expansion

Chile’s state miner Codelco, the world’s no.1 copper producer, has broken ground at the $1.4 billion expansion of the Salvador copper mine, which will extend the productive life of the aging operation by 47 years and increase output by...

Canyon partners with China’s MCC to develop Cameroon bauxite project

Canyon Resources has partnered with mining giant Metallurgical Corporation of China (MCC) to develop the Minim Martap Bauxite Project in Cameroon. In this regard, a strategic partnership agreement and memorandum of understanding (MOU) has been signed with MCC’s engineering division...

Okwa Diamonds to acquire Ghaghoo mine from Gem Diamonds

The Okwa Diamonds JV between Botswana Diamonds and Vast Resources has agreed to acquire Gem Diamonds Botswana for $4m from Gem Diamonds. The primary asset of Gem Diamonds’ Botswana subsidiary is the Ghaghoo diamond mine, which has a mining licence...

Paramount Gold to buy Bald Peak Project from Nevada Select Royalty

Paramount Gold Nevada has agreed to acquire a 100% stake in the Bald Peak Project located in Mineral County, Nevada in the US from Nevada Select Royalty. Total consideration for the transaction is $300,000. The buyer will pay $20,000 to...

PIMS Group bags $310.6m contract for Australian coal mine

PIMS Group has received a contract, worth $310.6m (A$425m), to provide underground mining services for the Millennium and Mavis Downs coal site in Queensland, Australia. The five-year contract has been awarded by MetRes, a 50:50 joint venture between Stanmore Coal...

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