The South Australian Chamber of Mines and Energy (SACOME) has awarded an eight-year supply contract to renewable energy retailer SIMEC ZEN Energy, part of Sanjeev Gupta’s GFG Alliance, to significantly bring down the cost of electricity for their members.
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.
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.
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.