CITIC to mine additional 1bn tonnes of iron ore
Mining News Pro - CITIC is set to strike a deal with Mineralogy chairman Clive Palmer to mine a further one billion tonnes of iron ore in Western Australia.
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Visit: 624
MACA adds $200m CITIC Pacific contract to books
Mining News Pro - MACA has secured a hire and maintenance contract with CITIC Pacific Mining Management (CPM) at the Cape Preston Sino iron operation in Western Australia.
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Visit: 696
Ivanhoe, CITIC complete second major financing for Congo mines
Mining News Pro - Canada’s Ivanhoe Mines (TSX:IVN) has received a second major strategic investment of C$612 million (about $490m) from its largest shareholder, China’s state-owned CITIC Metal, that will be used towards speeding up construction of a giant copper mine in the Democratic Republic of Congo.
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Visit: 826
CITIC to pay royalties to Mineralogy following appeal rejection
Mining News Pro - CITIC has had its appeal case against Clive Palmer’s Mineralogy rejected, forcing the Chinese company to pay royalties from its iron ore project in Pilbara, Western Australia.
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Visit: 829