Rio Tinto

Arras Minerals Announces Strategic Alliance With Major Canadian Mining Company to Focus on Critical Minerals in Kazakhstan

Retrieved on: 
Thursday, December 7, 2023
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VANCOUVER, British Columbia, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Arras Minerals Corp. (TSX-V: ARK) (“Arras” or “the Company”) is pleased to announce it has entered into an agreement (the “Strategic Alliance Agreement” or the “Agreement”) with Teck Resources Limited (“Teck”) to form a Strategic Alliance focusing on exploration for critical minerals on Arras’ strategically located license package in the Bozshakol-Chingiz Magmatic Arc located in Pavlodar, Kazakhstan.

Key Points: 
  • The Strategic Alliance does not include the Beskauga copper-gold project, nor the regional exploration licenses Stepnoe, Ekidos, Aimandai and Elemes.
  • Arras will act as manager for the initial year of the two-year generative program with Teck holding the option to assume the role of manager thereafter.
  • Arras and Teck will establish a Technical Committee to develop and review the annual exploration programs, with Teck having final approval.
  • The Company will host a webinar to discuss the Strategic Alliance in more detail on Friday December 8th at 800am PST.

Rio Tinto Board changes

Retrieved on: 
Friday, December 22, 2023
Mining, Minerals, Natural Resources, Prostate Cancer UK, Rio Tinto, Social Progress Imperative, Confederation, Prostate cancer, Classification, State, Chassis Brakes International, Tinto, Financial Conduct Authority, Imerys, ThyssenKrupp, Lufthansa, Supervisory board, Volvo, Robert Bosch GmbH

Martina also has extensive listed company experience, currently serving on the Board of AB Volvo and the Supervisory Board of Siemens AG.

Key Points: 
  • Martina also has extensive listed company experience, currently serving on the Board of AB Volvo and the Supervisory Board of Siemens AG.
  • Rio Tinto Chair Dominic Barton said: “Martina has extensive leadership experience in handling cyclical businesses, navigating the energy transition and decarbonisation initiatives, and leading innovation and R&D efforts.
  • This expertise, combined with significant board experience as a non-executive director, make her a valuable addition to the Rio Tinto Board.
  • I am very pleased to welcome Sharon to our Board.”
    Martina Merz said: “I am pleased to be joining Rio Tinto at an exciting time for the company.

AtkinsRéalis Appointed by Rio Tinto on World's Largest Untapped High-Grade Iron Ore Deposit

Retrieved on: 
Tuesday, December 19, 2023
Rio Tinto, Lithium, Carbon, ATRL, Simandou, Transport, Mining, Mineral, Iron, Engineering, Republic, Metal, TSX, Population growth, Steel, Silicon

MONTREAL, Dec. 19, 2023 /CNW/ - AtkinsRéalis [SNC-Lavalin Group Inc.] (TSX: ATRL), a fully integrated professional services and project management company with offices around the world, has been appointed as the integrated delivery partner by Rio Tinto for the Simandou mining project in the Republic of Guinea , which contains the world's largest untapped high-grade iron ore deposit.

Key Points: 
  • MONTREAL, Dec. 19, 2023 /CNW/ - AtkinsRéalis [SNC-Lavalin Group Inc.] (TSX: ATRL), a fully integrated professional services and project management company with offices around the world, has been appointed as the integrated delivery partner by Rio Tinto for the Simandou mining project in the Republic of Guinea , which contains the world's largest untapped high-grade iron ore deposit.
  • It is AtkinsRéalis' largest mining project in the last decade, and the first mining project the Company will deliver under the role of integrated delivery partner.
  • The Simandou site is home to the last-known, largest, and richest untapped high-grade iron ore deposit in the world.
  • Simandou's first-class iron ore deposit will be a vital ally to the world's Net Zero transition, producing the lower-carbon intensity steel needed for these sustainable infrastructure new builds.

SILVER ONE EXPANDS ITS LAND POSITION TO COVER POTENTIAL PORPHYRY COPPER SYSTEMS AND AREAS OF SILVER MINERALIZATION AT ITS PHOENIX SILVER PROJECT, ARIZONA

Retrieved on: 
Thursday, December 21, 2023
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These new claims further expand the ground holdings at its Phoenix Silver Project near Globe, Arizona.

Key Points: 
  • These new claims further expand the ground holdings at its Phoenix Silver Project near Globe, Arizona.
  • The magnetic anomalies constitute promising copper targets in a region holding immense potential for porphyry copper systems.
  • The Phoenix Silver property has expanded in size and scope to cover the original very high-grade silver vein targets and the more recently outlined areas of potential porphyry copper targets.
  • This belt is the focus of new exploration efforts by several companies to potentially outline new porphyry copper and silver related targets.

SILVER ONE EXPANDS ITS LAND POSITION TO COVER POTENTIAL PORPHYRY COPPER SYSTEMS AND AREAS OF SILVER MINERALIZATION AT ITS PHOENIX SILVER PROJECT, ARIZONA

Retrieved on: 
Tuesday, December 19, 2023
Copper, Rio Tinto, Anomaly, Outline, Mining, Silver, BHP, Pinto Valley mine, Gravity anomaly, MVI, News, Interpretation, KGHM, Project, National Instrument 43-101

These new claims further expand the ground holdings at its Phoenix Silver Project near Globe, Arizona.

Key Points: 
  • These new claims further expand the ground holdings at its Phoenix Silver Project near Globe, Arizona.
  • The magnetic anomalies constitute promising copper targets in a region holding immense potential for porphyry copper systems.
  • The Phoenix Silver property has expanded in size and scope to cover the original very high-grade silver vein targets and the more recently outlined areas of potential porphyry copper targets.
  • This belt is the focus of new exploration efforts by several companies to potentially outline new porphyry copper and silver related targets.

Rio Tinto Board change

Retrieved on: 
Friday, December 15, 2023
Mining, Minerals, Natural Resources, State, Classification, Tinto, Rio Tinto

Rio Tinto confirms that Dr Megan Clark has stepped down as a non-executive director on 15 December 2023, having served for nine years on the Board of Directors.

Key Points: 
  • Rio Tinto confirms that Dr Megan Clark has stepped down as a non-executive director on 15 December 2023, having served for nine years on the Board of Directors.
  • Rio Tinto Chair Dominic Barton said, “I would like to express my sincere thanks to Megan for her contribution to Rio Tinto.
  • On behalf of the Board, I wish Megan well for the future.”
    This announcement is made in fulfilment of the Company's obligation under UK LR 9.6.11.
  • This announcement is authorised for release to the market by Andy Hodges, Rio Tinto’s Group Company Secretary.

EcoEngineers Welcomes Laith Amin as Vice President, Growth and Strategic Development

Retrieved on: 
Thursday, December 14, 2023
Environmental Health, Professional Services, Other Natural Resources, Natural Resources, Other Energy, Utilities, Climate Change, Coal, Alternative Energy, Engineering, Energy, Green Technology, Manufacturing, Sustainability, Environmental, Social and Governance (ESG), Environment, Consulting, Carbon, BECCS, CCUS, Henley Business School, Economics, Laith, Honours degree, Multimedia, Blockchain, CDR, Rio Tinto, Carbon capture and storage, DNV, Growth, Digital United, University of Leicester, ESG, Management

Clean energy consulting, auditing, and advisory firm, EcoEngineers , has announced the addition of Laith Amin to the executive team as vice president, growth and strategic development.

Key Points: 
  • Clean energy consulting, auditing, and advisory firm, EcoEngineers , has announced the addition of Laith Amin to the executive team as vice president, growth and strategic development.
  • Amin brings more than 20 years of international experience driving transformation and growth through business development, account management, sales, and strategy with an emphasis on decarbonization.
  • View the full release here: https://www.businesswire.com/news/home/20231214459011/en/
    Laith Amin joins EcoEngineers as vice president, growth and strategic development.
  • (Photo: Business Wire)
    Amin has a proven track record in the development of new markets, products, and technologies to create differentiation and margin lift.

Arizona Sonoran and Nuton LLC Announce Option to Joint Venture on Cactus Project in Arizona

Retrieved on: 
Thursday, December 14, 2023
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Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the “Company”) is pleased to announce today that it has entered into an option to joint venture agreement with Nuton LLC (“Nuton”), a wholly-owned subsidiary of Rio Tinto, to establish a strategic alliance for deployment of the Nuton technologies at its Cactus Mine and the Parks/Salyer Project (collectively, the “Cactus Project”), in Arizona, USA.

Key Points: 
  • Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the “Company”) is pleased to announce today that it has entered into an option to joint venture agreement with Nuton LLC (“Nuton”), a wholly-owned subsidiary of Rio Tinto, to establish a strategic alliance for deployment of the Nuton technologies at its Cactus Mine and the Parks/Salyer Project (collectively, the “Cactus Project”), in Arizona, USA.
  • Nuton has indicated the potential to significantly increase copper cathode output from our current 45-50 ktpa target which could materially enhance project economics.
  • In the event that Nuton exercises the Option, the parties will either form a Delaware limited liability company or deem Cactus to be the joint venture company for the Cactus Project (the “Joint Venture Corporation”).
  • Rothschild acted as financial advisor, and Torys LLP and Dorsey & Whitney LLP acted as legal advisors, to Nuton.

Fortune Minerals Announces Government Funding to Advance the NICO Critical Minerals Asset in Canada

Retrieved on: 
Tuesday, December 5, 2023
Mining, Minerals, Natural Resources, Alberta Innovates, Local government in Canada, Gold, Copper, NICO, Research, Rio Tinto, Chartered Professional Accountant, Development, TSX, News, Government, Oil, Debt

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) ( www.fortuneminerals.com ) is pleased to announce that it has secured government funding of up to $887,170 to support metallurgical test work for its 100% owned vertically integrated NICO cobalt-gold-bismuth-copper project in Canada (“NICO Project”).

Key Points: 
  • Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) ( www.fortuneminerals.com ) is pleased to announce that it has secured government funding of up to $887,170 to support metallurgical test work for its 100% owned vertically integrated NICO cobalt-gold-bismuth-copper project in Canada (“NICO Project”).
  • The NICO Project is an advanced development stage Critical Minerals asset comprised of a planned open pit and underground mine and concentrator in the Northwest Territories and related hydrometallurgical refinery in Alberta (the “Alberta Refinery”).
  • The proposed Alberta Refinery would process concentrates from a future mine at the NICO Project and other sources to produce cobalt sulphate, gold doré, bismuth ingots and copper.
  • The Government of Canada has agreed to provide funding contributions of up to $714,500 against the costs of Fortune’s planned cobalt sulphate process pilot and other metallurgical test work through the Federal government’s Critical Minerals Research, Development and Demonstration Program.

Simandou iron ore project update

Retrieved on: 
Tuesday, December 5, 2023
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Rio Tinto will provide an update today at its Investor Seminar on the world class Simandou iron ore project in Guinea, which is being progressed in partnership with CIOH, a Chinalco-led consortium, Winning Consortium Simandou1 (WCS), Baowu and the Republic of Guinea.

Key Points: 
  • Rio Tinto will provide an update today at its Investor Seminar on the world class Simandou iron ore project in Guinea, which is being progressed in partnership with CIOH, a Chinalco-led consortium, Winning Consortium Simandou1 (WCS), Baowu and the Republic of Guinea.
  • Simandou is the world’s largest untapped high-grade iron ore deposit.
  • 3 Refer to “Simandou Mineral Resources and Ore Reserves” section at page 4 below.
  • Based on Wood Mackenzie and CRU average pricing for iron ore (65% grade), with a premium applied for DR product.