BHP and partners to proceed with South Flank iron ore project in Australia

(adsbygoogle = window.adsbygoogle || []).push({}); Mining industry news : Australian mining company BHP is all set to move ahead with the development of the South Flank iron ore project in the central Pilbara region in Western Australia after its board approved its share of $2.9 billion in capital expenditure. The total South Flank iron ore More...

by businessnewstoday | Published 9 months ago
By businessnewstoday On Saturday, April 7th, 2018

SoftBank to invest $77m in Canadian lithium mining company Nemaska Lithium

Mining industry news : Japan’s SoftBank Group has agreed to acquire a stake of up to 9.9% in Nemaska Lithium, a Canadian lithium mining company for C$ 99.1 million ($77.7 million). Through the investment in the More...

By businessnewstoday On Sunday, April 1st, 2018

Rio Tinto to exit coal mining business with sale of Kestrel coal mine for $2.25bn

Mining industry news : Rio Tinto is all set to exit from coal mining business by selling its 80% stake in the Kestrel coal mine in Queensland to a consortium of EMR Capital and Indonesian coal producer Adaro Energy, More...

By businessnewstoday On Thursday, March 22nd, 2018

Rio Tinto to sell Queensland coal mine stakes to Glencore for $1.7bn

Mining industry news : Australian-British mining giant Rio Tinto has made a $1.7 billion deal to exit from two Queensland coal mines – the Hail Creek coal mine and the Valeria coal mine in Australia by selling More...

By businessnewstoday On Saturday, February 17th, 2018

Mitsui to buy additional stake in Collahuasi Copper Mine in Chile

Japanese conglomerate Mitsui has agreed to buy an additional stake of 3.60% in the Collahuasi Copper Mine in Chile from JX Nippon Mining & Metals for an undisclosed price. The transaction will increase the overall More...

By businessnewstoday On Sunday, February 11th, 2018

De Beers’ Namdeb JV to sell Elizabeth Bay diamond mine in Namibia

Mining industry news : De Beers Group’s 50/50 joint venture with the Namibian government – Namdeb has put up its Elizabeth Bay diamond mine for sale. De Beers Group says that it is pursuing the sale of the Namibian More...

By businessnewstoday On Wednesday, December 27th, 2017

Union Partners buys Automotive Steel Technical Center from Heidtman Steel

Steel industry news : Union Partners, a private equity firm has acquired the Automotive Steel Technical Center from Heidtman Steel in Gibraltar, Michigan for an undisclosed price. The Automotive Steel Technical More...