Company Announcement:A New Partnership Between AREVA and Mitsubishi Corporation in Mining Exploration

AREVA and Mitsubishi Corporation, through their respective subsidiaries Afmeco Mining and Exploration Pty Ltd and Mitsubishi Development Pty Ltd,have decided to work together in a uranium exploration program in Austral

Areva and Mitsubishi join forces on uranium

French energy major Areva and Japan’s Mitsubishi Corporation will jointly explore for uranium in Australia. In a statement on Tuesday, Areva said that the exploration would be conducted over a number of years, across a significant landholding...

Company Announcement: Airborne EM Reveals Base Metal Targets

Minotaur Exploration Limited is pleased to report rapid progress on its new Arthurville project, 50 km southeast of Dubbo in central New South Wales

Anglo American sees M&A as ‘strategic priority’ – Parker

Diversified mining group Anglo American continued to examine merger and acquisition opportunities as a “strategic priority” in driving value in core commodities, said chairperson Sir John Parker. Last year, the group bought the Oppenheimer...

Cameco to pay C$150m for Areva's Millennium stake

Cameco, the biggest uranium producer in the world, has agreed to buy Areva’s 28% stake in the Millennium project in Saskatchewan for C$150-million, sparking speculation the French nuclear giant might put other Canadian assets up for sale. While...

Talisman Energy inks $280m PNG deal with Mitsubishi

Canadian oil and gas explorer Talisman Energy has signed a $280-million deal with Japan’s Mitsubishi Corporation, giving it access to nine of Talisman’s natural gas licences in Papua New Guinea (PNG). The two companies have agreed to work...

Jack Hills iron-ore expansion project, Australia

The project aims to expand current operations from nearly two-million tons a year to over 35-million tons a year.

Mitsubishi signs up for Queensland tungsten

Global conglomerate Mitsubishi Corporation has signed a letter of intent with ASX-listed Carbine Tungsten to purchase all of the concentrate produced at the Mount Carbine tailings retreatment project, in Queensland. The tailings retreatment...

Anglo to more than double output from Chile copper mine

Global mining giant Anglo American expects the output from its expanded Los Bronces copper mine to more than double in the first three years of full production from its existing output of 221 000 t/y. Announcing the delivery of first copper...

High costs, low prices hit ferrochrome

South African ferrochrome makers are being squeezed by rising production costs, and some are already selling at a loss, the chief executive of Hernic Ferrochrome, a unit of Japan's Mitsubishi Corporation, told Reuters on Tuesday. Prices of...

Second Take: Anglo outmanoeuvres Codelco

Creamer Media's Shannon de Ryhove speaks to Mining Weekly editor Martin Creamer about Anglo American selling a 24.5% stake in its subsidiary Anglo American Sur, in Chile, to Japan’s Mitsubishi Corporation in a bold attempt to outmanoeuvre Codelco.

Antamina mine, Peru

A copper-zinc mine, situated in Peru.