Projects & Operations Tomago Aluminium gets $2.5b government bailout The Federal and NSW Governments have announced a $2.5b 10-year bailout package for Australia’s largest aluminium smelter, Tomago Aluminium in the Hunter Valley.
Exploration & Discovery Orpheus granted uranium exploration licences The South Australian Government has granted Orpheus Uranium (ASX: ORP) exploration licences to further extend its Marree uranium project development.
Procurement & Suppliers Forrestania awards $27m Tycho open-pit contract Forrestania Resources (ASX: FRS) has awarded MEGA Resources the mining services development contract for its Tycho gold project in the Eastern Goldfields region of WA.
Projects & Operations OceanaGold acquires Ausgold for $776m Canadian OceanaGold has entered an agreement to acquire 100% of Ausgold (ASX: AUC) and its Katanning gold project in WA, by way of an Australian court-approved scheme of arrangement.
Procurement & Suppliers Develop awards Yitirrti EPC contract Develop (ASX: DVP) has awarded GR Engineering Services a $275m contract to design and build the processing plant at its Yitirrti copper-zinc-silver project in the Pilbara.
Politics & Regulation Evolution Mining fined for worker injury Evolution Mining (ASX: EVN) has been fined $200,000 and ordered to pay $15,392.20 in costs by the Perth Magistrates Court over an incident in which a contract worker became entangled in machinery.
Projects & Operations Alcoa signs 10-year gas supply deal Alcoa (ASX: AAI) has signed a sales agreement with Equus Energy (ASX: EQU) for long-term domestic natural gas supply to the Pinjarra and Wagerup alumina refineries.
International Newmont pays Barrick US$1.95b to settle dispute Newmont (ASX: NEM) and Barrick Mining have settled their outstanding Nevada Gold Mines (NGM) dispute with an amended joint venture agreement.