New study says after lengthy and painful adjustment, rare earth industry will return to growth led by global government initiatives around green energy.
The EMR Capital private equity firm run by Owen Hegarty has agreed to buy the Golden Grove copper and zinc mine in Western Australia from MMG for $US210 million ($291m), giving Mr Hegarty control of the mine for a second time.
Freeport-McMorRan (NYSE:FCX) has divested another portion of its substantial oil and gas assets as the number one publicly-held copper producer continues on a path of debt reduction.
Two separate mining accidents in India and Myanmar have together claimed the lives of a dozen miners, though the death toll may rise as the search for bodies continues.