08 July 2024
08 July 2024
We look at how AI is reshaping predictive maintenance in the mining industry, helping cut costs and streamline efficiencies as the sector responds to increased production pressures.
The latest move marks the final regulatory hurdle cleared for the deal, which is due for completion on 11 July 2024.
The deal, valued at $1.65bn (A$2.45bn), includes an upfront cash payment of $1.05bn and an additional $250m deferred until 2030.
MACH Metals holds a 15.8% stake in Rex, which is looking to develop its Hillside Copper-Gold Project in South Australia.
Upon completion of the placement, Kinross and Relevant will sign an investor rights agreement, granting Kinross certain privileges.
A potential partnership could involve supplying ore by Eramet to Huayou's high-pressure acid leach (HPAL) plant in Indonesia.
The early exploration agreement (EEA) allows the company to finalise, implement and continue its summer fieldwork campaigns at the lithium project.
Red Hill may earn an initial 75% stake in the Curnamona Project Tenements by spending A$6.5m ($4.37m) on exploration work.
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GlobalData's latest report provides detailed historical and forecast period data on the global zinc industry. It provides a complete view of the zinc reserves globally, with a breakdown of key zinc mining countries and the prevailing zinc prices in those countries. Furthermore, the report sheds light on the major active mines, as well as upcoming development and exploration projects by region.
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