Newmont’s incoming CEO says no ‘fire sale’ coming for assets
Newmont is ready to sit tight on asset sales, even if that means not reaching a previously announced goal of as much as $1.5 billion in divestments.
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Metso acquires remaining shares of Shaorui Heavy Industries
The transaction is expected to be completed during Q4 2019.
China’s August zinc output at highest since December 2017 — stats bureau
Also, China's August alumina output rose 3.5% year-on-year to 6.04 million tonnes.
Westhaven to raise $7.35 million for Shovelnose drilling
Proceeds of the financing will be used for ongoing expansion work at the company's Shovelnose gold property.
Eskom’s biggest coal supplier buys Tata’s clean power stake
Exxaro will own Cennergi Pty Ltd. outright after the 1.55 billion rand ($105 million) deal is concluded.
US ‘falling behind’ in global race to develop electric vehicle supply chain
US senators voiced bipartisan support on Tuesday for the expansion of domestic mining and minerals recycling.
China Gold is hunting for deals worth as much as $2 billion
China's second-largest gold miner is targeting companies with assets in operational stages that have ramp-up plans.
Dubai’s DSA leads bid for mines once owned by Guptas, Glencore
DSA Investments has teamed up with two South African companies to bid for coal assets that Glencore was pressured into selling to a company controlled by the Gupta family in 2015.
Vale misled public on dangerous dams, prompting Brazil probe — source
Brazilian prosecutors are looking into ex-CEO Schvartsman's declaration that Vale had already shuttered nine upstream dams in response to the 2015 collapse.