Riversdale Mining gets go ahead for Mozambique coal project

The only step remaining to create a 400,000+ ounces of gold per year gold miner in Western Australian is Canadian court approval.

South32 said in February it had agreed to sell the business in New South Wales state for $1.65 billion.

The price of the material that’s vital to the energy transition has plunged by around 80% since late 2022.

Copper production for the three months to June 30 also fell 14% from the year before.