Europe

Sandfire to buy giant Spanish copper complex for $1.9bn

Sandfire to buy giant Spanish copper complex for US$1.9B

Australian mid-cap miner Sandfire Resources (ASX: MTR) is buying the Minas De Aguas Teñidas (MATSA) mining complex in Spain for about US$1.9 billion, as it seeks to become a large copper-focused producer.  The company went into a trading…









Gem Diamonds sells Botswana unit for $4 million

Gem Diamonds sells Botswana unit for US$4 million

Africa-focused Gem Diamonds (LSE: GEMD) is selling its Botswana subsidiary to Okwa Diamonds, owned by Vast Resources (LSE: VAST) and Botswana Diamonds (LSE: BOD), for only US$4 million.  Okwa Diamond’s main target…


Volvo buys world’s first fossil-free steel

Volvo buys world’s first fossil-free steel

The first fossil-free steel in the world has been delivered by Swedish steelmaker SSAB  Oxelösund to its first customer, Volvo Group. The product was manufactured in northern Sweden, using the…




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