Evolution Mining (ASX:EVN) is making a significant move to expand its investment in the New South Wales mining industry. The company has proposed to acquire an 80% stake in the long-established Northparkes copper-gold mine in the state’s central west for over $A700 million. This strategic deal marks Evolution Mining’s second mine in the region, complementing […]
Evolution Mining expands NSW investments Read More »
Rio Tinto has announced plans to spend over half a billion dollars on exploration and other activities for its upcoming anchor iron ore mine in the Pilbara region, ensuring its significance for decades to come. In a statement released on Tuesday, Rio disclosed its approval for a $US77 million (over $A115 million) pre-feasibility study for
Rio Tinto to invest over half a billion dollars in Pilbara iron ore mine Read More »
Australian shares are declining at midday, with mining and tech stocks leading the downturn, ahead of the Reserve Bank of Australia’s final rate decision for the year. Material sector has been particularly affected, down by 1.8%, with major iron ore companies like BHP, Rio Tinto, and Fortescue experiencing more than a 1% drop, along with
ASX down 0.89% at noon ahead of RBA decision Read More »
