Mining DECODED
Latest edition: 14 May 2024
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Spotlight
OceanaGold Philippines raises $106m in IPO
Proceeds from the offering are earmarked for the repayment of OceanaGold's debt.
Latest news
Freeport signs deal to earn into Max's Cesar project in Colombia
Freeport has the option to invest C$50m ($36.57m) in cumulative expenditures and make cash payments totalling C$1.55m to secure its stake.
India's electoral bonds scheme reveals Vedanta's link with political parties
Indian mining company Vedanta Group is among the top donors to political parties in India through the opaque electoral bonds scheme, which the country's Supreme Court has deemed unconstitutional. This has revealed the company's close ties with political parties and the Indian Government.
Buxton to acquire Matrix Manganese Project in Arizona, US
The company has agreed to invest A$1m ($660,220) over two years to earn full ownership of 154 BLM Lode Mining claims.
Horizon Minerals seals gold toll milling agreement with FMR
The processing will start from the December 2024 quarter at FMR's Greenfields Mill in Western Australia (WA).
Mining sector to play pivotal role in Saudi Arabia's economic diversification efforts
Saudi Arabia’s non-oil sector accounted for over 50% of GDP for the first time in 2023, with its share rising from 47.4% in 2015 to 51.7% that year.
In our previous edition
Mining Decoded
Australian miners power ahead with equipment electrification
13 May 2024
Mining Decoded
Australia invests A$566m to map mineral deposits, energy sources
10 May 2024
Mining Decoded
Standard Lithium partners with Equinor on sustainable lithium extraction
09 May 2024
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