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 proposed an all-share offer that…

Bernice Miles April 25, 2024

London Exchange

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 manganese mine operator, for a…

NNR March 1, 2024

London Exchange

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 of Golden Energy and Resources…

Bernice Miles February 29, 2024

London Exchange

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 of Boart Longyear and a…

NNR February 28, 2024

London Exchange

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 in Texas to Lonestar Lithium…

NNR February 27, 2024

Australian Exchange

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 noted. Alumina shareholders would receive…

NNR February 25, 2024

London Exchange

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 integrate a massive iron ore…

Ali Mirza February 22, 2024

Australian Exchange

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 ‘MAC’, after raising A$325 million…

Chenos Kahn February 20, 2024

London Exchange

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 of the Company, subject to…

NNR February 15, 2024

Wire

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 loans to under-served and rural…

NNR February 14, 2024

Wire

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. This strategic move will enhance…

NNR February 14, 2024

Australian Exchange

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 Eagle Downs metallurgical coal project,…

NNR February 11, 2024