Archives: Mining finance

Law firm Watson Farley & Williams (WFW) is advising the Republic of Guinea on the $15 billion Simandou iron ore project, which it cites as the world’s largest mining and related rail and port infrastructure project today, and recently reviewed its role and the progress made to date. The Simandou project involves the exploitation of[…]

The 2023 Future Minerals Forum will take place in Riyadh, Saudi Arabia from 10-12 January, including a Ministerial Roundtable, followed by the Forum and Exhibition itself. The International Council on Mining and Metals (ICMM) President & CEO Rohitesh Dhawan spoke and participated at the first Forum in 2022 and will do so again at this[…]

Mining location technology company GeoMoby has secured A$3 million ($2.03 million) to fund the further rollout of its technology to the global mining industry. The money will be allocated towards expanding its sales and business development team, as well as adding to a strong team of staff focused on technology development. The funds have been[…]

MineSense Technologies Ltd says it has closed a $42 million Series E financing led by J.P. Morgan Asset Management’s Sustainable Growth Equity team that, it says, will allow it to accelerate the commercial deployment of its solutions to drive further growth and profitability. The funding round includes participation from new investor Evok Innovations, a climate[…]

Anglo American’s ambitious plans to roll-out its nuGen™ Zero Emissions Haulage Solution (ZEHS) have been given a boost with the announcement that it has signed a binding agreement with First Mode Holding to combine to the two entities. Such a deal was mooted back in June when Anglo American confirmed it was in exclusive negotiations[…]

Mitsui & Co Ltd, one of Japan’s largest general trading companies, has announced its partnership with the Copper Mark, the credible assurance framework set up to promote responsible practices and demonstrate the industry’s contribution to the United Nations Sustainable Development Goals. Mitsui operates as a world leader across the minerals and metals, infrastructure, chemicals, energy,[…]

The Queensland Government has committed funding to “reinvigorate” the Mount Morgan gold mine in the state, backing the tailings processing plans of Heritage Minerals, Treasurer and Minister for Trade and Investment, Cameron Dick, has confirmed. “From its proud history as the world’s largest gold mine in the early 1900s, Mount Morgan has been under State[…]

The Mining Innovation Commercialization Accelerator (MICA) Network has announced over C$11.5 million ($8.6 million) of investment in 16 projects with a total project value of over C$39 million as part of its program to accelerate green innovations that, it says, will position Canada’s mining sector to benefit from, and contribute to, Canada’s economic recovery. MICA[…]

IM Editorial Director Paul Moore has met in person this year with Saudi Arabia’s Minister of Industry & Mineral Resources, His Excellency Bandar Ibrahim Alkhorayef, on two occasions – at the inaugural Future Minerals Forum held in January 2022 in Riyadh (with the follow up event coming up soon in early 2023) – and also[…]

UK-based Watercycle Technologies Ltd, a critical minerals and water filtration specialist, has been granted a £500,000 ($572,428) Innovate UK Smart Grant, in partnership with Cornish Lithium Ltd, to test its direct lithium extraction (‘DLE’) process in Cornwall, England. Watercycle says its patented filtration process can selectively extract lithium from sub-surface waters, such as those found[…]