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FIRB approves Stanmore buy

The Foreign Investment Review Board (FIRB) has approved coal miner Stanmore Coal’s $380-million bid to acquire the remaining 20% in the BHP Mitsui Coal (BMC) assets, which have been renamed Stanmore SMC. Stanmore earlier this year struck a $1.35-billion deal with diversified miner BHP and Mitsui... 

New production targets for Sandfire as Simich steps down

Copper/gold miner Sandfire Resources has lifted its production guidance for 2023, announced the departure of its MD and CEO, Karl Simich, and completed a key financing milestone for its Motheo project, in Botswana. Sandfire on Friday announced that group production for the 2023 financial year is... 
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