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Mining DECODED

Latest edition: 23 May 2024
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Spotlight

Analysis: gold prices hit all-time high as Iran's president dies

Gold prices reached $2,348.5 per troy ounce following President Raisi’s death and news of Saudi King Salman’s illness.

Latest news

Western Australia updates critical minerals strategy

The revised plan seeks to capitalise on the state's industry growth since the last strategy refresh in 2020.

Anglo American rejects BHP's third takeover proposal

The company’s board has unanimously rejected the third takeover bid, citing complex structure and risks.

Saudi Arabia's Ma'aden extracts lithium from seawater

Saudi state-owned miner Ma'aden has carried out lithium extraction from seawater, although the levels are not yet commercially viable, Reuters reported, citing the company's CEO, Robert Wilt.

BHP enters exploration partnership with Kingsrose

Mining giant BHP has formed an exploration alliance with Kingsrose, focusing on the search for nickel and copper in Norway and Finland.

Ragnar to acquire stake in Australian gold miner Kaiser Reef

Australian exploration company Ragnar Metals has reached a strategic investment agreement with compatriot gold miner Kaiser Reef.

GPAC concludes acquisition of Tinga Valley Copper & Gold

Tinga Valley Copper & Gold holds the Tinga Valley Property, a 347km² copper-gold project in Papua New Guinea.

Phenom signs option agreement to acquire King Solomon Gold Project in Nevada

Phenom agreed to pay $150,000 (C$205,031) and issue 75,000 shares over a four-year period to fully exercise its option.

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