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Rio Tinto to Buy Aurukun Bauxite Project from Glencore

Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) has agreed to acquire the Aurukun bauxite project in Northern Queensland from a joint venture between Glencore (LSE:GLEN,OTCPL:GLCNF) and Mitsubishi Development. Located in Western Cape York, the project currently operates under a mineral development license and has…

BHP Inks Copper Exploration Pact With Poland’s KGHM

BHP (ASX:BHP,NYSE:BHP,LSE:BHP) and Poland-based KGHM Polska Miedz (OTCPL:KGHPF,WSE:KGH) have formed a global alliance to scout and develop new copper projects and pool resources. Under a memorandum of understanding (MOU) announced on Tuesday (September 8), the world’s largest mining company and…

Discovery Announces Management Changes

Discovery Mining Ltd. (TSX: DSV,OTC:DSVSF, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce the appointment of William (“Bill”) Shaver to the Company’s Board of Directors (the “Board”), as well as a number of senior appointments and executive promotions.…