Projects & Operations Northern Star rejects $38.7b takeover bid Northern Star (ASX: NST) has rejected an unsolicited acquisition offer from South African gold miner Gold Fields to acquire the company for an implied equity value of $38.7b.
Projects & Operations Bellevue “green gold” selected to regild St Paul’s Cathedral Gold from Bellevue Gold’s (ASX: BGL) namesake project in the Eastern Goldfields of WA will supply the St Paul’s Cathedral in London for its regilding project.
Exploration & Discovery Kalamazoo builds Mt Olympus resource case as $208m hurdle looms Kalamazoo Resources (ASX: KZR) has wrapped up a major resource definition drilling campaign at its Mt Olympus deposit in WA’s Pilbara, with the final assays delivering another batch of broad, high-grade gold hits ahead of an updated resource estimate later this year.
Projects & Operations Liontown greenlights $389m Kathleen Valley expansion The Liontown (ASX: LTR) board of directors has given the go-ahead for the company to advance its $389m expansion project at the Kathleen Valley lithium operation in WA.
Technology & Innovation Rio Tinto and Shougang commission industrial-scale carbon capture facility Rio Tinto (ASX: RIO) and Shougang Group have successfully commissioned an industrial-scale carbon capture trial facility for blast furnace gas at Shougang’s operations in China.
Procurement & Suppliers Perenti secures more than $200m in contracts Perenti has been awarded contracts potentially valued at more than $200m across its drilling services businesses and underground mining business.
Exploration & Discovery Tivan advances maiden drilling program at Baucau Tivan (ASX: TVN) has secured a regulatory pathway in support of its maiden drill program at its Baucau copper-gold project in Timor-Leste.
Projects & Operations AIC makes major copper move with Mt Cuthbert AIC Mines (ASX: A1M) has entered into binding agreements to acquire Materra Metals and its Mt Cuthbert copper project in Queensland for $120m, consisting of $100m in AIC Mines shares and $20m in cash.
Water systems: Mining’s overlooked downtime riskOperational consequences of unreliable water systems expose miners to productivity risks and hidden costs.In this report, Grundfos explores the hidden reliability risks within mining’s critical water infrastructure and how proactive planning can prevent costly downtime.