News in Numbers

4bt

Guinea and Rio Tinto have resumed infrastructure work at the Simandou iron mine, which is estimated to hold more than four billion tonnes of ore.

11

An explosion at a coal mine in central Colombia has trapped ten workers underground and led to the deaths of at least 11 miners.

3.9 million

B2Gold is set to acquire up to 3.9 million flow-through common shares of Snowline Gold at $3.55 apiece.

$504m

Australian miner Wyloo Metals has made a $504m takeover bid for nickel miner Mincor.

263mt

China is the world’s largest coal importer, bringing in more than 263 million tonnes in 2022, ahead of a lifting of a ban on Australian coal imports.