South Africa’s Sibanye-Stillwater has agreed to acquire a 19.99% stake in New Century Resources for US$46 million, expanding its tailings retreatment exposure in Australia. The multinational gold miner will invest in New Century via a subscription for newly issued ordinary shares in the tailings management and...
Vale is set to place its Goro nickel and cobalt mine in New Caledonia on care and maintenance after Australian miner New Century Resources failed to submit a binding offer for the operation. After the exclusivity period that the companies entered into in May lapsed on...
Vale has entered into a 60-day exclusivity period with Australian zinc miner New Century Resources after the latter announced it was in talks with the Brazilian miner to buy its nickel and cobalt operations on the Pacific island of New Caledonia. Subject to successful due diligence...