South32 is set to divest its thermal coal assets in South Africa Energy Coal (SAEC) to Seriti Resources in an upfront payment deal worth around ZAR100 million ($9.8 million).
BGC is exploring options for the sale of the group’s national contract mining, maintenance and civil construction business, BGC Contracting.
Queensland Mining (QML) has announced the sale of its flagship White Range copper project in northwest Queensland to unlisted company Moly Mines for $53 million ($45m in cash and $8m in convertible bonds).
European private equity firm IK Investment Partners has secured a deal to sell Schenck Process to fund manager Blackstone.
Rio Tinto has completed the $2.69 billion sale of its thermal coal business Coal & Allied in the New South Wales Hunter Valley to Yancoal Australia.
KordaMentha Restructuring has completed the sale of Arrium Group companies to Britain’s GFG Alliance after it secured the deal to acquire the business.
Anglo American may make a complete withdrawal from operations in Brazil, with a number of asserts already up for sale.
BHP Billiton has told a mining conference that portfolio simplification is compelling, but said a decision on whether to sell a number of non-core assets or go ahead with a $US15 billion demerger had not been made.
Hastings Funds Management and its backer, China Merchants, have won a bid to lease the Port of Newcastle for $1.75 billion.
Barrick Gold has indicated it might sell its Plutonic mine in Western Australia as well as its three Yilgarn mines, which went up for sale earlier this year.
Brazilian mining giant Vale is selling a Queensland coalmine after jobs losses and asset writedowns at its Australian ventures.
An Indian coal company is looking to acquire two Australian companies in a deal worth more than $4 billion.