Weda Bay, a nickel pig iron (NPI) project, is a nine-million-tonne nickel resource which will be run by Eramet and its JV partner Tsingshan Holding Group.

The project was once considered Australia's next big prospect for iron ore riches outside of the Pilbara.

The global collapse in coal prices this year has dealt a particularly heavy blow to miners in Indonesia, the top exporter and one of the largest producers of the fuel.

Pangaea bought an additional 6 million shares, bringing its stake in the company to over 10%.

Edumine delivers online training programs for engineers and mining professionals.

MineHub is working with IBM, ING Group, Wheaton Precious Metals, and other companies key to mining, streaming, trade and finance.

Vale and Sumitomo will sell a 20% stake to state-owned Asahan Aluminium, known as Inalum.