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PIF, Mitsui weigh stake purchase in Vale s base metals unit

Saudi Arabia’s PIF and Japana’s Mitsui are looking to purchase stake in nickel and copper operations of Brazilian firm Vale.

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Teck to divest $737m stake in Canadian oil sands project to Suncor

Teck Resources to offload its 21.3% stake in Fort Hills oil sands project in Canada to Suncor Energy for around C$1bn ($737m).

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Cora Gold obtains environmental permit for Mali gold project

West African-focused gold company Cora Gold has received an environmental permit for the Sanankoro Gold Project in southern Mali.

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Eldorado secures €680m for Skouries gold project in Greece

Eldorado Gold has secured credit-committee-sanctioned €680m finance facility from Greek banks to develop the Skouries project.

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Rio Tinto signs $3 3bn takeover deal with Turquoise Hill

Rio Tinto has signed deal to acquire a 49% interest it does not already own in Canadian mining firm Turquoise Hill for $3.3bn.

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