Dual-listed coal developer Kibo Mining on Wednesday said recent discussions with key stakeholders of its Mbeya coal-to-power project (MCPP), in Tanzania, have resulted in “significant progress” for the further development of the project.
Activist shareholder Elliott Management called on BHP on Wednesday to "upgrade" its board of directors as the mining giant prepares to select a new chairperson this week.
Glencore will pitch its $2.55-billion bid for Rio Tinto's Australian Coal & Allied unit directly to Rio Tinto's board in Canada on Thursday, two sources familiar with the matter told Reuters.
Diversified miner Independence Group will divest of its Stockman copper-zinc project, in Victoria, to CopperChem for A$47.2-million.
ASX-listed junior Zeta Resources has made a play for fellow listed Pan Pacific Petroleum, offering Pan Pacific shareholders either 3.8c in cash for each share held, or one Zeta share for every ten Pan Pacific shares held.
Dual-listed Metminco has agreed to sell its 49% interest in the Los Calatos copper project, in Peru, to CD Capital Natural Resources Fund III for $5-million.
The chief executive of Anglo-Australian miner Rio Tinto , which owns iron ore, diamond and aluminum mines and processing facilities in Canada, said on Tuesday that it was becoming tougher to do business in the resource-rich country.
Local quarrying and mining industry representative association, the Aggregate and Sand Producers Association of Southern Africa, will from now on be known only by the acronym Aspasa. The association on Tuesday said the name change better reflects a growing and diverse member base.
ASX-listed Yancoal’s bid for Coal & Allied has received a boost with project partner Mitsubishi Development accepting the Chinese firm’s offer for its 32.4% interest in the Hunter Valley operations joint venture for $710-million.
Lithium developer Pilbara Minerals has successfully completed a senior secured bond issue, raising a total of $100-million to finance its Pilgangoora lithium/tantalum project, in Western Australia.
The bond issue was launched in May, and was well supported by a combination of large Australian and international funds.