Evolution Mining to buy 80% stake in Northparkes
Evolution agreed to buy the stake for $400 million in cash and a copper price-linked contingent consideration of up to $75 million.
Latest Stories
Rio Tinto approves $77 million for Rhodes Ridge project development
Rhodes Ridge is one of the world’s best undeveloped iron ore deposits.
Global coal use at power plants to peak in 2023, Rystad says
Burning coal will produce about 10,373 terawatt-hours of electricity worldwide in 2023, the Oslo-based research company says.
Rio Tinto okays new solar farm and battery storage at Amrun bauxite operations
Rio said the project will help it reduce scope 2 emissions at its Weipa operations by up to 10%.
Western start-ups seek to break China’s grip on rare earths refining
The existing standard to refine these strategic minerals is an expensive and dirty process that China has spent the past 30 years mastering.
Top Chinese lithium producers to fund Atlas project in Brazil
The company will partner with Chengxin and Yahua, suppliers of lithium hydroxide to Tesla, BYD, and LG.
Peru’s deadly gold mine attack highlights growing security risk, costs
The latest attack at Poderosa has highlighted a growing risk for miners in the Andean nation.
CaNickel selling Bucko Lake nickel project to Cobalt One for $59 million
The Bucko Lake mine operated from 2009 to 2012.
Argonaut Gold arranges $59 million bought deal public offering
The net proceeds will be used to fund its Magino gold mine in Ontario and Florida Canyon gold mine in Nevada.
