Turquoise Hill rejects Rio Tinto’s $2.7 billion takeover offer
Decision blocks Rio Tinto’s efforts to gain greater control of the giant Oyu Tolgoi copper-gold mine in Mongolia.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Stanmore Coal pays Mitsui $380m for full control of Queensland coal mines
Stanmore is buying the remaining 20% stake in the metallurgical coal venture BHP Mitsui Coal in Australia.
Lucara Diamond starts shaft-sinking at $547m Karowe mine expansion
The underground expansion of the Karowe diamond mine in Botswana, will extend its productive life until 2040.
SolGold reshuffles C-suite as it ramps up Cascabel
Three executives, including CFO Ayten Saridas and non-executive director Keith Marshall, are on the way out.
Lundin Gold raises production forecast for the year
The Canadian miner now expects to produce 430,000 to 460,000 ounces of gold, from a previous guidance of between 405,000 and 445,000 ounces.
Hochschild Mining granted environmental permit for Brazil gold project
The Mara Rosa gold mine, in Brazil’s central state of Goías, is expected to begin production in the first half of 2024.
Uranium Energy wins race for UEX after sweetening bid
The US-based pure uranium player's offer for Canada’s UEX Corporation has trumped Denison Mines’ competing bid.
Oz Minerals rebuffs $5.8 billion takeover bid from BHP
The Australian miner said BHP's unsolicited offer did not appreciate the growth potential of its copper and nickel assets.
Brazil delays critical minerals areas auction
The regulator said funding shortfalls prevent it from covering the costs needed to move ahead with the tender process.
