News in Numbers
30%
Sumitomo Metal Mining agreed to acquire a 30% interest in the Rio Tinto’s Winu copper-gold project in Australia’s Great Sandy Desert for up to $430.4m (A$662.8m).
A$250m
Genesis Minerals has purchased the Laverton gold project in Western Australia from Focus Minerals for A$250m.
2
Glencore Australia’s Ulan coal mine has received approval to extend its underground operations by two years, allowing for the extraction of an additional 18.8 million tonnes (mt) of ore until 2035.
A$75m
Merricks Capital has granted credit approval for a A$75m debt facility to support the development of Andromeda Metals’ Great White kaolin project in South Australia.
25mtpa
The recently opened Western Range mine in the Pilbara has a production capacity of up to 25 million tonnes per annum (mtpa) of iron ore.
