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Metals and Mining Industry News
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El Campo project : Ely Gold Royalties acquires heavy rare earth project in California
Ely Gold Royalties, in February, announced the acquisition of the El Campo project, a heavy rare earth deposit…
Gwalia gold project : Macmahon to bag $390m mining services contract from St Barbara
Macmahon Holdings is set to bag an AUD 500 million ($390.32 million) contract related to the Gwalia gold…
Orion Metals wraps up sale of Tanami West Project to PVW Resources
Orion Metals has wrapped up the previously announced sale of its 65% stake in the Tanami West Project…
Serrote copper-gold project : Mineração Vale Verde secures $140m debt financing
Mineração Vale Verde (MVV) has secured debt financing of $140 million for the development of its Serrote copper-gold…
Zenith Minerals to sell US lithium assets to JV partner Bradda Head
Zenith Minerals has signed a cash-cum-stock deal worth AUD 1.05 million to sell its 45% stake in its…
K-TIG develops welding procedures for A516 Grade 70 Carbon Steel
K-TIG Limited, an Australian metal fabrication company, said that it is set to foray into the global carbon…
Canadian gold miner Eldorado Gold to takeover QMX Gold in $104m deal
Eldorado Gold, in late January 2021, signed a cash and stock deal worth CAD 132 million ($104.1 million)…
Hindalco subsidiary Novelis to invest $300m to expand Chinese aluminum factory
Novelis, a subsidiary of Hindalco Industries, will invest nearly $300 million to expand its automotive aluminum capabilities and…
Tata Steel fails to clinch deal for IJmuiden steel mill with SSAB
Tata Steel and Swedish steel company SSAB have called off their talks regarding the potential acquisition of the…
Albemarle to invest up to $50m to double lithium production at Silver Peak facility
Albemarle has revealed plans to invest $30m to $50m to double the capacity at its lithium production facility…