Australian miner signs deal with science agency to recover vanadium

The deal has also cleared competition regulators in Vietnam and Brazil.

John Van Der Wielen is based in Perth.

Newcrest’s Telfer gold mine is expected to get a deluge of heavy rain later this week.

Macquarie analysts upgraded their Newcrest share price target by 18% on the back of the sweetened Newmont offer.

Both deals — if completed — would rank among the top 10 biggest takeovers of metals producers.

World’s top 50 mining companies build on gains in the first quarter of 2023, but remain well below valuations this time last year as M&A fever grips the sector.

The restrictions have increased more than five-fold in the last decade to a point where 10% of the global value of exports is subject to at least one measure, the OECD says.

Australia’s Port Hedland iron ore hub to be cleared ahead of cyclone.

The deal still remains subject to other conditions, including approval by OZ Minerals' shareholders, and by an Australian court.