Australia's Azure Minerals said on Wednesday the country's Foreign Investment Review Board (FIRB) extended a deadline for approving SQM and Hancock Prospecting's A$1.7 billion ($1.11 billion ...
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Copper and cobalt mining company Chemaf is seeking potential buyers for the business as it faces a cash crunch, according to a document seen by Reuters. The proposed sale comes after its mine expansion plans faced financial difficulties, requiring a fresh cash injection, reported Bloomberg. The miner requires up to $300m to complete …
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Stan Correy: Australia's mining aid is welcomed in Afghanistan and other mineral-rich developing countries. ( Excerpt from promo for Australian-made and designed software for mining industry )
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Stock Image. Fortescue Metals has held talks with Afghanistan's President Ashraf Ghani on potential mining sector opportunities in the nation, which has struggled to accelerate development of an ...
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It was awarded rights to build a steel mill and develop iron ore mines in Afghanistan with a total investment of $11 billion in 2011. "SAIL's inroads into Afghanistan were purely a political ...
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Mining in Afghanistan Introduction One of the important and basic pillars in the economy of every country is natural resources and its other subterraneous resources. By the growing demand of industry and technology, ... in Australia he says; "Security is a concern, is challenge, but it doesn't mean the entire
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The Taliban has been celebrating since the Islamist group that rules Afghanistan signed seven mining contracts promising to attract more than $6.5 billion in investments late last month.
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The Afghan Government will urge Australia to sponsor the training of geologists and mining experts at WA universities in a
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March 22, 2024. The Ambassador of Azerbaijan in Kabul said that the country is willing to invest and cooperate in sectors such as mining, education, training, and facilitating service processes in Afghanistan. The Taliban's administrative affairs department reported Thursday night that Elham Mohammadov, the Ambassador of Azerbaijan in Kabul ...
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Chinese companies by the dozen bid for mining concessions, Taliban officials say, including the state-owned behemoth China Metallurgical Group Corp., a self-proclaimed "super-conglomerate ...
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Australia will provide $10 million for de-mining, mine risk education and survivor assistance to reduce the threat of landmines and explosive remnants of war to …
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Big constraints, bigger opportunities: what 2024 holds for Australian mining. Few industries have tougher timelines than mining. Getting a new mine operational can take a decade, but resource prices can spike or plummet overnight. The best miners have always had a good eye for trends, able to plan long-term but move …
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The two countries intend to establish a taskforce to "expand reliable, responsible and secure global access to critical minerals". In 2021, the Australian Government also set up a A$2bn ($1.3bn) loan facility to help finance critical minerals projects in the country. An Australian Government report has projected that more than …
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Under the new proposed deal, SQM agreed to acquire all of Azure's shares at an offer price of A$3.52 per share, a premium of 44.3% to the stock's last close of A$2.44 on Friday. Coming off of ...
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The Afghan Government and the Australian company, Fortescue Future Industries, signed five memorundum of understandings with ministries of Public Health, …
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The funds are in talks to potentially underwrite financing of $2 billion to $3 billion for competing bids from Indonesian mining contractor Bukit Makmur Mandiri Utama Pt (Buma) and Australian coal ...
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Afghanistan's hard-line Islamist Taliban rulers have touted the recent signing of $6.5 billion in mining contracts as a major economic breakthrough.
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Earlier this week, CME released a survey of 53 Western Australian resources companies, which revealed that the sector contributed more than A$67.1 billion ($48bn) to Australia's economy in 2018 ...
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The state is home to the Forestville Gold Mine, the largest gold mine in Victoria. In 2021, the mine produced 509 oz of gold and was expected to continue until 2033. Facts about mining in Victoria ...
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In a US Geological Survey (USGS) survey conducted between 2004-07, it was concluded that Afghanistan might hold 60 million metric tonnes of copper; 2.2 billion tonnes of iron ore; 1.4 million tonnes of rare earth elements such as lanthanum, cerium, neodymium; and veins of aluminium, gold, silver, zinc, mercury, and lithium. The value of these resources …
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Credit: Newcrest Mining Ltd. Newmont Corp laid down a best and final offer for Australia's Newcrest Mining Ltd on Tuesday at A$29.4 billion ($19.5 billion) to close a deal that would extend ...
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Jiangxi Copper Co. said on Monday that it and the Metallurgical Corp of China (MCC) are monitoring the situation in Afghanistan and will push forward with the Mes Aynak copper mine when they can ...
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Australian producers and US politicians led by China hawk Joe Manchin have seen off Indonesia's bid for access to incentives under the Inflation Reduction Act.
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25th April 2024 by Editor BizNews. Australian mining group BHP has launched a R650bn takeover bid for SA's 107-year-old one-time global giant Anglo …
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According to a Global Witness report, mining is thought to be the Taliban's second-largest source of funding, despite contributing less than 1% of state income in 2013. However, these groups also warn of the many challenges ahead and that without a robust mining law, Afghanistan could be just another country on a long list of those affected ...
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The Woodsmith mine makes the deal "very awkward indeed — it's the reason why we didn't think BHP would get involved with Anglo American," said Ben Davis, a mining analyst at Liberum Capital.
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Credit: Alumina Ltd. US aluminum producer Alcoa Corp. made a $2.2 billion offer to acquire its Australian joint-venture partner Alumina Ltd. to consolidate ownership of key upstream assets with ...
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ASX-listed Chinese gold mining major Zhaojin has upped its unsolicited takeover bid of Tietto Minerals to the tune of $733 million. Australian-based Tietto, of which Zhaojin is a key shareholder ...
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