- 1. OZ Minerals places A$10 billion price tag on company
- (Latest)
- Australian miner OZ Minerals is reportedly seeking about A$10 billion (US$6.7 billion) in a potential sale following its rejection of a A$8.34 billion takeover bid by BHP, reported Bloomberg News. According ...
- Created on 20 September 2022
- 2. PTT exits Indonesian coal market
- (Latest)
- Thai state-owned energy company PTT has signed a deal to divest its Indonesian coal business for US$471 million to Astrindo Nusantara Infrastruktur, an investment company focused on energy infrastructure. ...
- Created on 03 August 2022
- 3. BHP to retain New South Wales Energy Coal
- (Latest)
- ... follows the divestment of BHP’s interests in Cerrejón and BHP Mitsui Coal (BMC) in January and May 2022, respectively. Mt Arthur is an open-cut mine in the Hunter Valley region of New South ...
- Created on 17 June 2022
- 4. Indika divesting Petrosea arm
- (Latest)
- ... an electric vehicles ecosystem in the country. The sale of Petrosea, which performs contract mining, especially for the coal sector, was already part of its divestment plan, Indika said this week. Its ...
- Created on 10 March 2022
- 5. BHP closes door on QLD met coal, sells to Stanmore
- (Latest)
- BHP announced 8 November it has inked a deal to divest its 80% holding in BHP Mitsui Coal (BMC), effectively exiting the metallurgical coal scene in Queensland, Australia. The deal with Stanmore SMC ...
- Created on 10 November 2021
- 6. Orica to sell ‘non-core’ arm Minova
- (Leading Developments)
- Orica said within its recent financial results that it intends to sell off its Minova business arm. The company, which cited a significant drop in earnings as well as the market – specifically that ...
- Created on 25 June 2021
- 7. Orica to sell ‘non-core’ arm Minova
- (Latest)
- Orica said within its financial results released last week that it intends to sell off its Minova business arm. The company, which cited a significant drop in earning as well as the market – specifically ...
- Created on 18 May 2021
- 8. Sumitomo Metal Mining sells minority equity stake in PTVI
- (Leading Developments)
- Japan’s Sumitomo Metal Mining Co., Ltd. (SMM) has signed, together with Vale Canada Ltd., the definitive agreements for the divestment of a 20 per cent stake of PTVI Indonesia Tbk to PT Indonesia Asahan ...
- Created on 16 September 2020
- 9. BHP announces executive leadership changes
- (Latest)
- ... acquisitions and divestments, securing options in future-facing commodities through early stage commercial entry, and strategy. BHP also announced that Acting Chief Technology Officer Ragnar Udd will ...
- Created on 21 August 2020
- 10. Heron Resources explores future Woodlawn options
- (Latest)
- ... Process committee, explore various options for Woodlawn including refinancing, joint ventures, and partial or complete divestment. Operations were suspended at Woodlawn in late March due to travel ...
- Created on 18 August 2020
- 11. Sumitomo Metal Mining sells minority equity stake in PTVI
- (Latest)
- Japan’s Sumitomo Metal Mining Co., Ltd. (SMM) has signed, together with Vale Canada Ltd., the definitive agreements for the divestment of a 20 per cent stake of PTVI Indonesia Tbk to PT Indonesia Asahan ...
- Created on 02 July 2020
- 12. Newcrest divests Gosowong mine for A$90m
- (Around the Region)
- ... Newcrest wish our Gosowong colleagues and Indotan all the best for the future.” Subject to completion, Newcrest expects to recognise a $44 million loss on divestment of its 75 per cent interest in Gosowong. ...
- Created on 30 June 2020
- 13. Newcrest divests Gosowong mine for A$90m
- (Latest)
- ... best for the future.” Subject to completion, Newcrest expects to recognise a $44 million loss on divestment of its 75 per cent interest in Gosowong. Source: www.newcrest.com ...
- Created on 07 February 2020
- 14. Rehab for mine sites – new guidelines developed
- (Leading Developments)
- ... was the risk posed by divestment, as industry proponents plan to sell off their assets as a site nears its closure date. “In such cases, proponents may sell off their liability by on-selling sites to ...
- Created on 30 January 2020
- 15. Maiden move into Northern Territory by Middle Island Resources
- (Latest)
- ... Middle Island Managing Director, Mr Rick Yeates said that the then pending, and now completed, divestment of the Reo gold project in Burkina Faso provided the opportunity for Middle Island to identify ...
- Created on 21 November 2019
- 16. Marubeni’s coal exit announcement a plus but increased commitment needed
- (Around the Region)
- ... divestment from its Indonesian thermal coal mine investment as part of its own shift away from thermal coal. In July 2018 Sumitomo-Mitsui Trust Bank announced it would stop providing project finance ...
- Created on 24 July 2019
- 17. Intermin to divest Menzies and Goongarrie gold projects to Kingwest
- (Latest)
- ... mine development and production plans. The divestment to a well credentialed and focussed exploration company is line with our strategy of monetising assets to assist in funding future growth plans while ...
- Created on 11 July 2019
- 18. Are coal’s days numbered?
- (Features)
- ... of the top 40 global banks and 20 globally significant insurers. Since January 2018, a bank or insurer announced their divestment from coal mining and/or coal-fired power plants every month, and a financial ...
- Created on 25 June 2019
- 19. Six foreign-controlled miners to start divestments
- (Around the Region)
- ... not specify when the companies would start divesting their shares. Chief Executive of Vale Indonesia Nico Kanter said last month that the company was in talks with the government on its divestment plan ...
- Created on 11 June 2019
- 20. Mitsubishi sells stakes in Australian mines
- (Latest)
- ... its asset portfolio, divestment of the assets being one part of this strategy. The sales are subject to the terms of the Clermont joint venture documents, under which other joint venture participants ...
- Created on 20 December 2018