News in Numbers
$4.1bn
The value of Whitehaven Coal’s acquisition of the Daunia and Blackwater coal mines in Queensland, Australia, from the BHP Mitsubishi Alliance.
400,000oz
The annual gold production capacity of a new mid-tier gold company created by Westgold Resources’ acquisition of Karora Resources in a A$2.2bn deal.
A$98m
Funds raised by Syrah Resources in the retail component of a non-renounceable entitlement offer, which the company plans to invest in its Vidalia active anode material plant in the US.
1m
Zambia’s copper output could rise to around one million tonnes a year by 2026 as investment in expansions adds to capacity, according to finance minister Situmbeko Musokotwane.
21,000t
Amount of the first delivery of ore from Legacy Iron’s Mount Celia gold project, marking a ‘significant milestone’ according to a company announcement.