Silver Lake shareholders approve merger with Red 5
The $1.5bn deal creates Australia’s fifth largest gold producer.
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Chile hopes SQM-Codelco deal to proceed as planned, finance minister says
The arrangement would see Codelco take a majority stake in SQM’s Atacama salt flat assets in exchange for 30 more years of operations.
Rio Tinto to keep New Zealand aluminum smelter running for another 20 years
The new electricity arrangements include demand response agreements under which NZAS may be requested to reduce electricity consumption by up to a total of 185MW.
Head of Codelco’s Chuquicamata mine to leave company
Christian Caviedes will be replaced on an interim basis by the mine's operations manager, Rene Galleguillos.
Probe Gold to raise $11 million for Quebec exploration
Probe will use the net proceeds for its flagship Novador gold project located in the Val-d’Or mining camp of Quebec.
Investors relieved BHP walked from $49 billion Anglo takeover deal
BHP’s timing was good but the complexity of the deal requiring demergers and a copper price rally made it difficult to execute, investment officer said.
Chile’s ENAMI aims to break ground on first lithium project by 2028
ENAMI this month launched a search for a private partner to offer financial backing or operational support for the project at three salt flats.
Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says
It is said that Anglo's five operating coal mines, development projects and joint ventures in Australia have sparked "more interest" over the past weeks.
Iron ore price slips after China reiterates steel output control
In April, China's state planner said the government will continue to manage crude steel output in 2024.
