Bacanora Minerals Ltd strategic cornerstone investor & offtake agreement
NextView Capital agreed to acquire a 19.89% equity interest in Bacanora via placement of 32,976,635 common shares in the Company at 94.53 $1.26 per share.
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Australia cobalt rush accelerates on electric vehicle demand, DRC troubles
Australia, home to world's second-biggest cobalt reserves, is seeing rush of interest in projects from makers of the batteries used in electric vehicles.
Indonesia, Freeport said to near new deal for Grasberg mine
Under the new deal, Inalum will seek to acquire London-based Rio Tinto Group’s joint venture interest in Grasberg by March.
BC government rejects Ajax mine
"Adverse effects of the Ajax project outweighed the potential benefits."
Canadian diamond producer dealing with water issues in South Africa
"The lower number of carats tendered and sold is attributable to a reduction in the volume of material being processed," the company revealed.
Indian captive power plants running at half capacity due to coal shortage
The Indian Captive Power Producers Association denounced that most of its member companies are getting half of the coal they need from state-owned Coal India.
Kazakhstan’s largest iron ore company now has a smart mine
With a $10 million investment, the Kacharsky mine is being transformed into a smart mine.
Finning signs $185m contract with Lundin
Under the contract with Lundin, Finning will supply 70 pieces of heavy mining vehicles and machinery for Lundin’s mine complex in Chile.
Santa is putting Christmas on the blockchain and saving billions
This Christmas, there is so much more that you know about, as Santa straps on today’s hottest new technological advancement: The blockchain.
