Australia-headquartered BHP has made a major move with its bid to acquire rival Anglo American in an all-share deal valued at $38.8-billion. With this manoeuvre, …
Credit: Alumina Ltd. US aluminum producer Alcoa Corp. made a $2.2 billion offer to acquire its Australian joint-venture partner Alumina Ltd. to consolidate ownership of key upstream assets with ...
Australia's Azure Minerals said on Wednesday the country's Foreign Investment Review Board (FIRB) extended a deadline for approving SQM and Hancock Prospecting's A$1.7 billion ($1.11 billion ...
Big constraints, bigger opportunities: what 2024 holds for Australian mining. Few industries have tougher timelines than mining. Getting a new mine operational can take a decade, but resource prices can spike or plummet overnight. The best miners have always had a good eye for trends, able to plan long-term but move …
Rio Tinto delays the opening of its Koodaideri iron ore mine. In July 2020, UK-Australian miner Rio Tinto had to push back the start up date for its Koodaideri iron ore open-cut mine in the Pilbara region from late 2021 to early 2022 after reporting a fall in half-year profit to $3.32bn in 2020, down from $4.13bn in 2019.
Australia will provide $10 million for de-mining, mine risk education and survivor assistance to reduce the threat of landmines and explosive remnants of war to …
25th April 2024 by Editor BizNews. Australian mining group BHP has launched a R650bn takeover bid for SA's 107-year-old one-time global giant Anglo …
Gold giant Newmont has kicked off 2023 with a blockbuster merger bid for Australia's Newcrest Mining. Newmont's $24bn all-scrip offer for Newcrest Mining would ease concerns around the company ...
Earlier this week, CME released a survey of 53 Western Australian resources companies, which revealed that the sector contributed more than A$67.1 billion ($48bn) to Australia's economy in 2018 ...
The Afghan Government will urge Australia to sponsor the training of geologists and mining experts at WA universities in a
ASX-listed Chinese gold mining major Zhaojin has upped its unsolicited takeover bid of Tietto Minerals to the tune of $733 million. Read More Kelsie Tibben 5 days ago April 16, 2024
MELBOURNE/LONDON (Reuters) -BHP Group said on Thursday it had made a $38.8 billion bid for Anglo American, proposing a deal that would create the world's …
Stock Image. Fortescue Metals has held talks with Afghanistan's President Ashraf Ghani on potential mining sector opportunities in the nation, which has struggled to accelerate development of an ...
Trouble at the Aynak mine. The promise of Afghan treasure is also tainted by the acrid smell of corruption. In 2008 the contract for the Aynak mine was awarded to China Metallurgical Group (CMG), although many international companies pulled out of the bidding after the US accused the mines minister Mohammed Ibrahim Adel of taking a …
A small toy figure and mineral imitation are seen in front of the BHP logo in this illustration taken Nov. 19, 2021. (Reuters Photo) Australian mining giant BHP confirmed on Thursday a plan for a mega $38.8 billion takeover bid for British rival Anglo American, a colossal deal with the potential to fundamentally reshape the sector. Both ...
1:23AM April 26, 2024. Share this article. Australian mining giant BHP said Thursday it has made a $38.8 billion takeover bid for British rival Anglo American, a colossal deal with the potential ...
The Woodsmith mine makes the deal "very awkward indeed — it's the reason why we didn't think BHP would get involved with Anglo American," said Ben Davis, a mining analyst at Liberum Capital.
Afghanistan's hard-line Islamist Taliban rulers have touted the recent signing of $6.5 billion in mining contracts as a major economic breakthrough.
Updated 6:03 PM PDT, August 31, 2023. KABUL, Afghanistan (AP) — Afghanistan's ruling Taliban government said it signed seven mining contracts Thursday amounting to $6.5 billion in investment, in the biggest such round of deals since seizing …
ASX-listed Chinese gold mining major Zhaojin has upped its unsolicited takeover bid of Tietto Minerals to the tune of $733 million. Australian-based Tietto, of which Zhaojin is a key shareholder ...
The Chinese miner is also advancing a planned C$353 million ($280m) acquisition of Argentina-focused Millennial Lithium, which will give it control of four of Latin America's biggest lithium ...
Jiangxi Copper Co. said on Monday that it and the Metallurgical Corp of China (MCC) are monitoring the situation in Afghanistan and will push forward with the Mes Aynak copper mine when they can ...
The Taliban has been celebrating since the Islamist group that rules Afghanistan signed seven mining contracts promising to attract more than $6.5 billion in investments late last month.
Australian producers and US politicians led by China hawk Joe Manchin have seen off Indonesia's bid for access to incentives under the Inflation Reduction Act.
March 22, 2024. The Ambassador of Azerbaijan in Kabul said that the country is willing to invest and cooperate in sectors such as mining, education, training, and facilitating service processes in Afghanistan. The Taliban's administrative affairs department reported Thursday night that Elham Mohammadov, the Ambassador of Azerbaijan in Kabul ...
The Afghan Government and the Australian company, Fortescue Future Industries, signed five memorundum of understandings with ministries of Public Health, …
The Afghan Government has also invited the Australian company to invest in mineral exploration and the development of mining in Afghanistan. ... The Embassy of Islamic Republic of Afghanistan Canberra, Australia Address: 4 Beale Crescent Deakin West ACT 2600 Postal Address: PO Box 155 Deakin West ACT 2600
The funds are in talks to potentially underwrite financing of $2 billion to $3 billion for competing bids from Indonesian mining contractor Bukit Makmur Mandiri Utama Pt (Buma) and Australian coal ...