Canadian Copper grabs majority stake in Murray Brook VMS deposit in New Brunswick

Mining News Pro - Canadian Copper (CSE: CCI) has followed up on its letter of intent (LOI) with Votorantim Metals Canada by announcing its decision acquire a 72% stake in the Murray Brook project located in the Bathurst mining camp of New Brunswick.

Copper price falls with China absent for Lunar New Year

Mining News Pro - Copper price fell for a second day on Wednesday, weighed down by a stronger dollar and the absence of China, where markets are closed for a week-long Lunar New Year holiday.

Great Salt Lake plants, insects absorb toxic metals from surrounding mines

Mining News Pro - A recent study by researchers at Utah State University found that plants in Great Salt Lake wetland ecosystems are able to pull hazardous metal pollution from the lake and sometimes pass it up the food chain.

Teck teams up with DLT Labs on blockchain initiative to trace germanium

Mining News Pro - Teck Resources is the latest company to explore the use of blockchain technology to track material through the supply chain, from production to final product. The diversified miner is teaming up with Toronto-based DLT Labs to trace germanium, a critical mineral that is found at Teck’s Red Dog zinc-lead mine in Alaska.

Fortescue grabs 60% of Dutch energy tech firm

Mining News Pro - Fortescue Metals Group’s green energy arm has bought a 60% stake in Dutch renewable firm High yield Energy Technologies (HyET), as part of the iron ore major’s plan to supply 15 million tonnes of green hydrogen globally by 2030.

ABS shows jobs and earnings ride COVID turbulence

Mining News Pro - Employment and wages have shown promising signs in the mining industry, with a return to record total full-time earnings, according to an Australian Bureau of Statistics (ABS) report for May 2021.

FLSmidth grabs Thyssenkrupp’s mining unit for $386 million

Mining News Pro - Denmark’s FLSmidth said on Thursday it is buying German engineering firm Thyssenkrupp’s mining business for €325 million (about $386m), closing six months of negotiations between the two companies,

Eldorado Gold grabs stake in Probe Metals for $18.9m

Mining News Pro - Canada’s Eldorado Gold has bought an 11.5% stake in Quebec-focused explorer Probe Metals, in deal worth about C$23.7 million ($18.9m).

Glencore grabs Anglo American, BHP stakes in Cerrejon coal mine

Mining News Pro - Miner and commodities trader Glencore is buying out partners Anglo American (LON:AAL) and BHP’s stakes in the Cerrejón thermal coal mine in Colombia, defying previous reports that said it was looking to walk away from the asset.

HOSCO slabs with the international quality

Mining News Pro - With the minimum surface defects (98.75%), Hormozgan Steel Company’s slab is one of the high quality products in the world in competitive markets.

South Africa nabs trio with 74 kg of gold in hand luggage

Mining News Pro - South African authorities arrested three suspected smugglers after finding 73.5 kilograms (162 pounds) of gold bars worth about 66 million rand ($4.5 million) in their hand luggage.

Shandong Gold grabs TMAC for $149 million

Mining News Pro - China’s Shandong Gold Mining, one of the country’s top bullion miners, has agreed to buy Canadian junior TMAC Resources for around $149 million.

AGQ Labs to monitor and control water for Chile miners

Mining News Pro - AGQ Labs says it has been awarded three-year water control and monitoring plan contracts with MLCC Caserones and Codelco, in Chile.

Mitsubishi grabs 30% of Mantoverde copper mine

Mining News Pro - Japanese powerhouse Mitsubishi Materials Corporation (MMC) has acquired a 30% stake in Mantos Copper’s Mantoverde mine and associated projects in Chile for $263 million.

Controlling shareholder grabs Avesoro Resources

Mining News Pro - West Africa-focused gold miner Avesoro Resources said its largest shareholder, UK-based Avesoro Jersey, would compulsorily acquire the remaining shares in the company that it did not already own, having built its stake to more than 90%.

Osisko Gold grabs Barkerville, creates North Spirit Discovery

Mining News Pro - Canada’s Osisko Gold Royalties is buying all the shares it doesn’t already own in fellow miner Barkerville Gold Mines, in a deal valued at C$338 million (about $255m).

Reduction in Taiwan`s billet imports and Taiwan slabs in June

Mining News Pro - According to Taiwan customs clearance, the country shipped 132,000 tons of billets in June, down from last month.

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