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Bunge Limited today announced it has entered into a definitive agreement with Viterra Limited, a private company limited by shares incorporated under the laws of Jersey , together with certain affiliates of Glencore plc , Canada Pension Plan Investment Board and British Columbia Investment Management Corporation , to merge with Viterra in a stock [...]
Rio Tinto will partner with Gemco Rail to bring local iron ore rail car manufacturing and bearing maintenance to the Pilbara region in an industry-first. This partnership will enable Gemco Rail to expand its existing operations to establish the first ever rail ore car manufacturing and maintenance facility in the Pilbara, creating new jobs [...]
Nickel 28 Capital Corp. announces the results of its annual general and special meeting of shareholders held on June 12, 2023 . At the Meeting, all incumbent directors were duly re-elected as directors of Nickel 28. All other items put forward for consideration at the Meeting were also approved, including confirmation of the shareholder rights [...]
Ivan Vella, Chief Executive, Aluminium, has accepted a new position outside of Rio Tinto and will leave in December 2023. He will continue to lead Aluminium while a robust process to identify his successor is undertaken but has stepped down from the Group's executive committee with immediate effect. Rio Tinto Chief Executive Jakob Stausholm said [...]
Rio Tinto will invest $1.1 billion to expand its state-of-the-art AP60 aluminium smelter equipped with low-carbon technology at Complexe Jonquière in Canada. The total investment includes up to $113 million of financial support from the Quebec government. This expansion, which will coincide with the gradual closure of potrooms at the Arvida smelter [...]
Contango Ore Inc. announced that it has filed an initial Technical Report Summary detailing the gold resources at the Lucky Shot Project located near Willow, Alaska. The mineral resource estimates held by Contango at the Lucky Shot Project, effective as of May 26, 2023 comprise Indicated mineral resource estimates of 226,963 tonnes grading 14.5 g/t [...]
Royal Gold Inc. announced today that its wholly-owned subsidiary RG Royalties, LLC, has entered into a binding commitment letter with ACG Acquisition Company Ltd. to acquire new royalty interests on the producing Serrote and Santa Rita mines in Brazil for total cash consideration of $250 million, subject to satisfaction of certain conditions [...]
China Baowu, the world's biggest steelmaker, and Rio Tinto, the world's largest iron ore producer, have signed a Memorandum of Understanding to explore a range of industry leading new projects in China and Australia to help decarbonise the steel value chain. Under the MoU, China Baowu and Rio Tinto plan to jointly advance specific decarbonisation [...]
Golden Minerals Company today announced that on June 6, 2023, the Company was notified by the NYSE American LLC that it was not in compliance with one of NYSE American's continued listing standards as set forth in Part 10 of the NYSE American Company Guide . Specifically, the Company is not in compliance with Section 1003 of the Company Guide since [...]
Nighthawk Gold Corp. is pleased to announce the filing of a technical report for the preliminary economic assessment for the Colomac Gold Project , with an effective date of April 26, 2023 . A copy of the PEA Technical Report is available on www.sedar.com or on the Company's website www.nighthawkgold.com The PEA is preliminary in nature and [...]
Electra Battery Materials Corp. today announced that Craig Cunningham has resigned from his position as Chief Financial Officer. Mr. Cunningham will provide a smooth transition through his resignation date, June 30, 2023. Peter Park, a senior finance professional with more than 20 years of experience and a current member of Electra's finance team [...]
Cleveland-Cliffs Inc. announced today that it has successfully amended and extended its asset-based lending credit facility . The amendment extends the maturity date of the facility to June 9, 2028 and transitions the benchmark interest rate from LIBOR to SOFR. The borrowing base of the amended ABL now includes the assets of Ferrous Processing [...]
