Orica has announced it will sell its Minova business to Aurelius Group for $180 million, subject to transaction costs.
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CIMIC finalises Thiess sale
CIMIC Group has closed 2020 by completing the sale of a 50 per cent interest in Thiess to Elliott Advisors, with chairman Juan Santamaria saying the deal does not downplay the mining services company's importance to the business.
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Altura up for sale as lithium troubles take toll
Altura Mining has folded under the pressure of the struggling lithium market, with the company set to start a sale process as its Pilgangoora operation in Western Australia is placed on care and maintenance.
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CIMIC in talks to offload 50% of Thiess
CIMIC Group has flagged that it is selling a portion of Thiess' ownership stake to London-based funds management company Elliott Advisors.
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South32 to shed South Africa thermal coal with Seriti deal
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).
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BGC ramps up contracting business sale process
BGC is exploring options for the sale of the group’s national contract mining, maintenance and civil construction business, BGC Contracting.
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Queensland Mining sells copper project to Moly Mines for $53m
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).
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Schenck Process to have new owner
European private equity firm IK Investment Partners has secured a deal to sell Schenck Process to fund manager Blackstone.
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Rio Tinto waves goodbye to Coal & Allied
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.
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Arrium sale to GFG Alliance complete
KordaMentha Restructuring has completed the sale of Arrium Group companies to Britain’s GFG Alliance after it secured the deal to acquire the business.
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Anglo American rumoured to exit Brazil
Anglo American may make a complete withdrawal from operations in Brazil, with a number of asserts already up for sale.
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Andrew Mackenzie discusses sales and productivity at mining conference
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.
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Port of Newcastle privatised in $1.75 billion deal
Hastings Funds Management and its backer, China Merchants, have won a bid to lease the Port of Newcastle for $1.75 billion.
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Barrick could sell Plutonic gold mine
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.
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QLD coal project on the market as coal price drops
Brazilian mining giant Vale is selling a Queensland coalmine after jobs losses and asset writedowns at its Australian ventures.
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Coal India to acquire $4 billion worth of Australian assets
An Indian coal company is looking to acquire two Australian companies in a deal worth more than $4 billion.
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