BHP Pilbara workers endorse agreement

Lifeline WA and Rio Tinto (ASX: RIO) have entered a new four year partnership to support the hundreds of Western Australian volunteers who answer calls from people in crisis.

BHP greenlights $1.4b Port Hedland investment BHP (ASX: BHP) is advancing its port debottlenecking project 2 (PDP2) as part of major strategic investment in Port Hedland’s infrastructure to support surrounding operations.   The investment will enhance operational resilience and efficiency with the installation of a sixth car dumper (CD6) as well as additional conveyors and supporting infrastructure to support WA Iron Ore’s (WAIO) production target of 305mtpa.  Port Hedland is one of the largest iron ore loading ports in the world and the largest in Australia, making it critical to mining operations not just in WA but globally. The ports are linked to...

Landmark International Graphite agreement International Graphite (ASX: IG6) is set to develop an expandable graphite facility (EGF) in Europe as an equal part joint venture with Arctic Graphite. The company has noted Germany as its preferred location for the EGF which has proposed production rates of 3,000t/y and a capital cost estimate of $8.8m. Graphite Investment Partners (GIP), a major shareholder of Arctic, has committed to arranging at least 50% of the EGF capital cost estimate in non-dilutive funding and has issued a non-binding letter of interest to arrange up to $10m in funding. Produced...

Gold Fields to acquire Gold Road for $3.7b South African gold giant Gold Fields is set to acquire one of Australia’s largest gold miners, Gold Road (ASX: GOR), in a takeover scheme valuing the company at $3.7b. Gold Road has convinced its Gruyere gold mine joint venture partner to increase its takeover bid, proposed in March for $3.3b, by nearly $400m. Gold Road has entered a scheme implementation deed that will allow Gold Fields to acquire 100% of shares in Gold Road by way of a scheme arrangement. Under the terms of the scheme Gold Road shareholders will receive a fixed cash...