Aeris Resources has reiterated ambitious company plans for acquisition despite an unsuccessful bid to acquire Glencore’s CSA mine in New South Wales earlier this year. Read More
Rio Tinto’s cost expectations for its majority-owned Oyu Tolgoi underground mine in Mongolia have risen considerably as the company released its latest quarterly statement today. Read More
Newcrest Mining will acquire 70 per cent of the Red Chris copper-gold mine for $US806.5 million ($1.14 billion) in a deal with Canadian company Imperial Metals. Read More
Rio Tinto has formalised the agreement to sell its copper interest in the Indonesian Grasberg gold-copper mine to Indonesian state mining company PT Indonesia Asahan Aluminium (aka Inalum). Read More
Newcrest Mining has delivered production records at three of its mines, the Cadia gold mine in New South Wales, Telfer copper-gold mine in Western Australia and Lihir copper-gold mine in Papua New Guinea. Read More
Canadian company Copper Mountain Mining Corporation (CMMC) is now trading on the Australian Securities Exchange (ASX) following its $93 million acquisition of Altona Mining. Read More
Rio Tinto today announced it is to open a new office in the Mongolian capital of Ulaanbaatar, expanding its employee count by upwards of 80 people throughout 2018. Read More
Avanco has agreed to a deal with Brazilian major Vale to purchase 100 per cent of its Pantera copper project in Brazil, in an acquisition expected to cost anywhere between $25 to $44 million. Read More
Evolution Mining has set several new company records following the publication of its quarterly report, including gold production, which hit 220,971 ounces (6.26 tonnes), and mine cash flow ($210.4 million, net $158.3 million). Read More