China’s CITIC to be Ivanhoe Mine’s top shareholder in $548m-deal
Transaction, which gives CITIC a 20% stake in the Canadian miner, has received all necessary approvals and it’s expected to close on Sep. 19
Latest Stories
Stornoway achieves full underground mine design capacity at Renard Mine
This marks the completion of the production ramp-up of the underground mine.
Tongon back in business after lock-out lifted
Negotiations between management, workers, community leaders and the government created an agreement under which workers are being re-employed in phases.
ENRC wins UK appeal in attorney-client privilege case
A UK appeals court overturned a decision forcing a Kazakh mining company to hand over documents to prosecutors who are investigating the firm for corruption.
Biggest Congo coltan miner resumes buying after output halt
Societe Miniere de Bisunzu Sarl resumed purchases of the ore after a three-month shutdown at one of the country’s largest deposits.
Alrosa brings coloured diamonds to Hong Kong in effort to conquer China
As part of its plans to expand into that market, Alrosa will hold its first “True Colour” auction of coloured polished diamonds, during the Hong Kong Gem & Jewellery Fair taking place this month.
Copper deal day hits with a flurry of M&A for the hottest metal
“Everyone loves copper and everyone wants to buy it” has been this year’s mining mantra. Today the ball started rolling.
India’s Aug gold imports double, hit 15-month high as prices drop -GFMS
But rising gold imports could widen India's trade deficit and further pressure its currency, the rupee, which hit a record low of 71.95 against the dollar on Wednesday.
Western Australia union says it sees Alcoa alumina output hit by strike
A vote by the striking workers on whether to accept a new workplace agreement is due to close on Thursday, with the union anticipating a strong "no" vote.
