Mineral Resources (MinRes) plans to acquire a 40 per cent interest in the Red Hill iron ore joint venture (RHIOJV) in Western Australia from Red Hill Iron for $400 million. Read more
Global gold production is edging higher as demand in the June quarter bounced back to levels seen last year following an increase in consumer investment, World Gold Council’s (WGC’s) latest trends report has revealed.
Pilbara Minerals has delivered a record 95,972 tonnes of spodumene concentrate in the June quarter from its Pilgangoora lithium-tantalum project in Western Australia.
Fortescue Metals Group has broken iron ore shipment records for the June quarter and 2020-21 financial year off the back of bullish demand.
BHP has proposed a $C325 million ($351 million) takeover offer for Noront Resources following a previous bid by Andrew Forrest’s Wyloo Metals.
Celsius Resources has received high-grade copper-gold assays from its second drill hole at the MCB copper-gold project in the Philippines.
IGO has exceeded its production target at the Nova nickel-copper-cobalt operation in Western Australia off the back of stronger metals prices.
Gold Road Resources all-in sustaining cost has risen to $1659 per ounce in the June quarter after facing processing plant issues at the Gruyere joint venture in Western Australia.
Keep up to date with the latest executive movements across the mining sector, including Northern Star Resources, VentureX Resources and First Au. Read more
Rio Tinto has pledged $US2.4 billion ($3.2 billion) to develop the Jadar lithium-borates operation in Serbia, a project that it says will transform the company into the largest supplier of lithium in Europe.