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Bellevue Gold on Track for H2 2023 Commercial Production, Western Australia
January 4, 2023
Bellevue Gold Ltd. is comfortably on track for the first gold pour from its namesake project in Western Australia in the second half of next year as it mobilizes new equipment to accelerate development. The company is aiming to become
Sigma Lithium Begins Commissioning of Greentech Plant Ahead of Commercial Production, Brazil
January 4, 2023
Sigma Lithium Corporation announced it has successfully commissioned the first module of the Phase 1 production plant, putting it on track to start commercial production in April 2023. Phase 1 of the Greentech Plant was completed on schedule and within
Komatsu to Acquire German-based Manufacturer GHH Group
December 28, 2022
Komatsu has entered into an agreement to acquire GHH Group GmbH (GHH), a manufacturer of underground mining, tunneling, and special civil engineering equipment headquartered in Gelsenkirchen, Germany. Founded in the 1960s and currently part of the German-owned Schmidt Kranz Group,
BHP Signs Agreement to Acquire OZ Minerals for $6.4 Billion
December 27, 2022
Australian mining company BHP has signed a scheme implementation deed (SID) to acquire all the share capital of OZ Minerals Limited (OZL), at a price of A$28.25 ($19) per share. The SID, signed through its wholly owned subsidiary BHP Lonsdale
IEA: Global Coal Use Hits All-time High
December 19, 2022
Global coal usage has reached an all-time high in 2022 amid the disruption of traditional trade flows, soaring costs and increased demand, according to the International Energy Agency (IEA). The IEA said in a report that worldwide coal usage is
First Quantum Minerals Issues Statement on Pending Cease Order Over New Tax Talks
December 19, 2022
First Quantum Minerals Ltd. issued the following statement in response to the latest developments regarding the Cobre Panama mine operated by its subsidiary Minera Panama, S.A. (MPSA). “MPSA made significant progress in negotiations with the Government of Panama over the
Rio Tinto Completes $3.1 Billion Acquisition of Turquoise Hill Resources
December 16, 2022
Rio Tinto has completed its acquisition of Turquoise Hill Resources for a consideration of approximately $3.1 billion, simplifying its ownership of the world-class Oyu Tolgoi mine in Mongolia, significantly strengthening Rio Tinto’s copper portfolio, and demonstrating its long-term commitment to
Newmont’s Boddington Mine Reaches Haulage Milestone Using Cat® MineStar™ Command
December 15, 2022
Western Australia’s largest gold mine, Newmont Corporation’s Boddington Mine, recently surpassed the 100 million tonnes (110 million tons) milestone for material safely hauled using Cat® MineStar™ Command for hauling with the gold industry’s first autonomous haulage system (AHS) fleet. Boddington,
Rio Tinto Acquisition of Turquoise Hill Receives Shareholder Support
December 13, 2022
Rio Tinto has received the required support from Turquoise Hill Resources (TRQ) shareholders for its proposed acquisition of the approximately 49 percent of the issued and outstanding shares of Turquoise Hill that it does not currently own. Given the transaction
St Barbara and Genesis Minerals to Merge in $367 Million Deal
December 13, 2022
St Barbara has agreed to acquire rival Australian miner Genesis Minerals for A$541.3 million ($367.1 million) to create Hoover House, which will exclusively focus on the Leonora District in Western Australia. The acquisition will be executed through a scheme of
