Tag: stake

Newmont's Divestiture Program Gains Traction Newmont's bold divestiture program gained momentum with the recent sale of Telfer and Havieron to Greatland Gold for a substantial $475 million. These assets were part of a strategic move devised by Newmont earlier this year, including the likes...

In 2023, ASI had revenues of about 300 million Swedish crowns ($28 million) in 2023. “Epiroc and the innovative team at ASI Mining are already collaborating closely to bring the most advanced automation solutions to mining customers,” says Helena Hedblom, Epiroc’s president and CEO. “We...

In a press release via the Shanghai Stock Exchange, CITIC said it has received board approval to sell at most 25,390,428 shares, or 2% of Ivanhoe’s outstanding share capital. Shareholder approval for the divestment will be sought in a meeting scheduled for June 11. Assuming CITIC...

Centerra made the investment through a private placement arranged by Kenorland, under which it plans to issue approximately 8.3 million flow-through common shares to national, Quebec- and Manitoba-based subscribers at different prices. Total proceeds to the company is estimated at C$9.86 million, based on an...

Saudi Arabia Eyes Stake in Reko Diq Speculations are rife about Saudi Arabia's interest in snagging a significant stake in Reko Diq, a mineral-rich project enticing international investors. The potential deal involves the Saudi company gradually boosting its involvement in Reko Diq, a venture...

A Reinvigorated Exploration Ventures Central Asia Metals (CAM) has made a strategic move by acquiring a significant 28% stake in Aberdeen Minerals, a promising junior raw battery materials explorer in Aberdeenshire, Scotland. Holding a 7,400-hectare land package, Aberdeen Minerals has already uncovered a copper-nickel-cobalt...