Mining giants BHP and Anglo American evaluate merger
Rejection of BHP Proposal LONDON, UK: BHP Group has confirmed its intention to pursue a historic merger with Anglo American. On April 16, 2024, BHP...
Marula Mining secures commercial interest in Kenyan manganese mine
LONDON: Marula Mining (AQSE: MARU), an African focused mining and development company, has announced a deal with Gems and Industrial Minerals Limited (GIM), a Kenyan...
South32 sells Illawarra Metallurgical Coal business in Australia for up to $1.65B
LONDON: South32 Limited, a diversified mining company, has announced that it has agreed to sell its Illawarra Metallurgical Coal business in Australia to a consortium...
Tribe Tech and Veracio join forces to develop innovative mining technology
Tribe Technology PLC, a leading developer and manufacturer of autonomous mining equipment, has announced a joint development agreement with Veracio Australia Pty Ltd, a subsidiary...
Cloudbreak Discovery sells lithium database to Lonestar Lithium
LONDON: Cloudbreak Discovery Plc (LSE: CDL), a natural resource project generator and royalty business, has announced the sale of its proprietary database of lithium targets...
Alcoa Corporation offers to buy Alumina Limited in a share swap deal
SYDNEY: Alcoa Corporation has made a conditional offer to buy all the shares of Alumina Limited through a share swap deal, a financial news announcement...
Anglo American and Vale join forces to boost Minas-Rio iron ore mine
LONDON, UK: Anglo American plc, a global mining company, has announced a deal with Vale SA, the world’s largest iron ore producer, to acquire and...
Metals Acquisition Limited debuts on ASX with oversubscribed IPO
SYDNEY, AUSTRALIA: Metals Acquisition Limited (MAC), a global metals and mining company, has commenced trading on the Australian Securities Exchange (ASX) today under the ticker...
Katoro Gold appoints Sean Wade as Non-executive Chairman
LONDON, UK: Katoro Gold PLC (AIM:KAT), a strategic and precious minerals exploration and development company, announced the proposed appointment of Sean Wade as Non-executive Chairman...
Greater Commercial Lending completes $25m in financing for copper mining company in Utah
Lisbon Valley Mining Co., a copper mining company in Utah, has secured a $25 million loan from Greater Commercial Lending (GCL), a provider of government-guaranteed...
GeologicAI acquires Resource Modeling Solutions
GeologicAI, a leading innovator in mining technology, has announced the acquisition of Resource Modeling Solutions (RMS), a pioneer in advanced geostatistical modeling of subsurface deposits....
Stanmore acquires 50% stake in Eagle Downs coal project from South32
SYDNEY, AUSTRALIA: Stanmore Resources Limited (ASX:SMR) has signed a definitive agreement with a subsidiary of South32 Limited (ASX:S32) to acquire its 50% interest in the...