BHP Billiton has acquired a 33.3% interest in Global Alumina’s Sangaredi refinery project in Guinea, for $140 million. The project comprises the design, construction and operation of a 3 Mt/y alumina refinery, 9 Mt/y bauxite mine, and associated infrastructure. A mining concession covering 690km² has been secured and a mineral resource of 233 Mt of […]

Valley fill is a much debated mining method in the US, causing considerable controversy and setting some sections of local communities and NGOs against coal mining companies. During surface mining, layers of rock are removed to access coal seams. Most of the rock is placed back in the mined areas during reclamation, but some excess […]

Fox Resources has come to an access agreement with De Beers Australia Exploration (DBAE), which allows Fox to access, explore and develop discoveries on DBAE’s West Pilbara tenements in Western Australia for all minerals including nickel, copper, gold, zinc, iron ore, uranium but excluding diamonds. “This agreement will form the platform for Fox to consolidate […]

In another victory against terrorist NGOs, a court in Indonesia has cleared PT Newmont Minahasa Raya and its President, Richard Ness, of all charges brought against them in case that seemed to have been manufactured by NGOs for their own ‘hidden agenda’. The people that brought these charges are culpable of wasting huge amounts of […]

Zinifex and Umicore have signed a binding Business Combination and Shareholders’ Agreement (BCSA) to combine their respective zinc smelting and alloying businesses. The combined business will be called Nyrstar and will be the world’s pre-eminent zinc metal producer with operations on four continents, producing some 1.2 Mt/y of zinc and zinc alloys and employing some 4,500 […]

FLSmidth has signed a conditional agreement with Groupe Laperrière & Verreault (GL&V), to acquire the latter’s Process Division (GL&V Process) for C$950 million in cash on a net debt-free basis. GL&V Process is among the world’s leading providers of separation technology for the metal and minerals industries. The agreement is subject to several conditions, including […]