Cleveland-Cliffs to sell its iron ore assets in Australia

The American iron ore mining company, Cleveland-Cliffs, has announced that it has entered into a definitive agreement for the sale of substantially all of the assets of its Asia Pacific Iron Ore business to Mineral Resources Limited, a leading Australian mining services company with a portfolio of existing mining operations across multiple commodities, including iron ore.

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Global Science completes a A$53 million placement

Global Geoscience has completed the underwritten institutional placement announced on 13 June 2018, which closed raising A$53 million to support the development of Global's 100% owned Rhyolite Ridge Lithium-Boron Project in Nevada, USA.

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Bhutan Receives World Bank Support for Reforms in the Mining Sector

The Royal Government of Bhutan was presented with a $300,000 grant from the World Bank-led Extractives Global Programmatic Support (EGPS) multi-donor trust fund to support reforms in the mining sector and assist the Department of Geology and Mines in implementing its 2017 Mineral Development Policy.

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