News in Numbers

Barminco has secured a contract valued at $A500m ($320m) to continue underground operations at Gold Fields’ Agnew gold mine in Western Australia until 2028.

Guinea has cancelled the licences of up to 53 mining companies, signalling increased resource nationalism. A range of concessions are affected including bauxite, gold, diamond and graphite.

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.

US-based miner Solidus Resources has received a letter of interest from the Export-Import Bank of the United States for potential financing of up to $835m for the Spring Valley gold project in Nevada.

Rio Tinto will begin early works and conduct final engineering studies to increase production capacity at its Amrun bauxite mine in Queensland, Australia by up to 20 million tonne (mt) per year from 2029.