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SolGold obtains $50m royalty funding from Osisko for Cascabel project

Osisko Gold Royalties has agreed to provide $50m financing to SolGold to fund the development of the latter’s Cascabel property in Ecuador.

Ecuador
Solgold-alpala
Dan-vujcic
Solgold-osisko
Sandeep-singh
Optic-communication-networks-for-mines
Ultrasonic-cleaning-solutions-for-the-mining-sector
Dominik-vanyi
Gold-royalties
Andean-copper-belt
Liam-twigger
Strategic-review-process

Glencore to suspend production at zinc smelter in Germany

Anglo-Swiss commodity trading and mining company Glencore is planning to put its zinc smelter in Nordenham, Germany, on care and maintenance.

Germany
Nordenham
Niedersachsen
Italy
Russia
Switzerland
London
City-of
United-kingdom
Portovesme
Sardegna
Ukraine

Vale and partners to invest in nickel project in Indonesia

PT Vale Indonesia has signed a deal with Shandong Xinhai Technology and China Baowu Steel Group to invest in a nickel processing plant.

Pomalaa
Indonesia-general
Indonesia
Bahodopi
Sulawesi-tengah
Indonesian
Wang-wenlong
Bernardus-irmanto
Febriany-eddy
Shandong-xinhai
Plastics-engineering-services
Shandong-xinhai-technology

Rio Tinto signs binding agreement for Turquoise Hill takeover

Rio Tinto has signed an arrangement agreement to purchase the remaining 49% stake in Turquoise Hill Resources for $3.3bn.

Australia
Mongolia
Mongolian
Erdenes-oyu-tolgoi
Oyu-tolgoi
Jakob-stausholm
Rio-tinto
Sustainability-compliance-solutions
Ultrasonic-cleaning-solutions-for-the-mining-sector
Rio-tinto-turquoise
Turquoise-hill-resources
Turquoise-hill

ArcelorMittal to close parts of steel plants in Germany and Spain

ArcelorMittal is planning to partly close two blast furnaces at its steelwork plants in Germany and one in Spain due to low demand and rising gas costs.

Germany
Hamburg
Russia
Spain
Ukraine
Brazil
Brazilian
German
Reiner-blaschek
Posco
A-partnership-in-technology
Ultrasonic-cleaning-solutions-for-the-mining-sector

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