OZ Minerals to buy Cassini Resources
Company is raising its stake in Australia’s largest undeveloped nickel-copper deposit, West Musgrave.
Company is raising its stake in Australia’s largest undeveloped nickel-copper deposit, West Musgrave.
A global infrastructure spending push would mean a lot more energy metals will need to be mined.
The court action comes amid greater scrutiny of Aboriginal rights in Australia following the destruction of a sacred cave by Rio Tinto last month.
Vale will receive $290 million for the sale, in which Sumitomo is also participating.
Key moves in the mining industry.
Igor Gonzales will manage the company’s technical team working across Appian’s portfolio.
From Quebec to Queensland, the industry is on high alert.
The Canadian open pit nickel mine and concentrator is expected to reach full capacity in August.
The company released results for six drillholes completed over the winter and spring.
If permitted, the proposed $1 billion mine would become Minnesota's first copper-nickel operation.