mining Tag

BHP has paid around AUS$84 million to increase its stake in Ecuador-focused gold miner SolGold to 11.2%, rivalling the 14.5% stake held by Australia’s largest listed gold firm Newcrest Mining. The latest investment nearly doubles BHP’s ownership in SolGold, after the world’s biggest miner first bought...

Australian gold producer Evolution Mining has released an updated corporate presentation for its Mungari gold mine while an institutional investors and analyst site visit takes place today. The presentation outlines Mungari’s importance within Evolution’s production portfolio, which includes a total of five operations across Queensland, New...

Rio Tinto has posted rising iron ore shipments in its second quarter operating report, reflecting a strong environment across the board for the sector. The Anglo-Australian mining giant said it enjoyed a ‘solid’ Q2, with iron ore shipments increasing by 14% year-on-year to 88.5 million tonnes...