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.