OZ Minerals

Alcoa appoints Matt Reed as EVP and Chief Operations Officer

Retrieved on: 
Thursday, December 21, 2023
Automotive, Mining, Minerals, Automotive Manufacturing, General Automotive, Manufacturing, Natural Resources, Steel, Marketing, Multimedia, Reed, Executive, Mineral, OZ Minerals, Strategic planning, Corporation, Safety, AA, EVP, Management

Alcoa Corporation (NYSE: AA) today announced that it has appointed Matt Reed as Alcoa’s Executive Vice President and Chief Operations Officer, effective January 1, 2024.

Key Points: 
  • Alcoa Corporation (NYSE: AA) today announced that it has appointed Matt Reed as Alcoa’s Executive Vice President and Chief Operations Officer, effective January 1, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20231220861728/en/
    Matt Reed, Alcoa Corporation’s new EVP and Chief Operations Officer effective January 1, 2024.
  • Reed is currently the Vice President of Operations for Australia and serves concurrently as President, Alcoa of Australia.
  • Meanwhile, Reed will continue as Vice President Operations, Australia, and President, Alcoa of Australia, until January 31, at which point an interim Vice President Operations for Australia will be appointed.

Resourcing Tomorrow Outstanding Achievement Awards Announces Full List of Nominations

Retrieved on: 
Thursday, November 9, 2023
Gold, ESG, Divisional patent application, Food, OZ Minerals, World Gold Council, Acquisition, Wheaton, BHP, Mineral, Partnership, Wheaton Precious Metals, Keynote, Vale, Entertainment, Bookkeeping, Mining, Newcrest Mining, Newmont

Following the end of the submission period, the long list of nominations is officially in for the 20th edition of the most prestigious mining awards ceremony - the Resourcing Tomorrow Outstanding Achievement Awards.

Key Points: 
  • London, United Kingdom--(Newsfile Corp. - November 9, 2023) - Following the end of the submission period, the long list of nominations is officially in for the 20th edition of the most prestigious mining awards ceremony - the Resourcing Tomorrow Outstanding Achievement Awards .
  • Taking place on November 30th, These awards highlight excellence across the board, from groundbreaking exploration projects to inspiring tech innovations, industry deals, and visionary leaders and CEOs.
  • Among the nominations, some of the world's blockbuster transactions are of course in there, including Newmont's acquisition of Newcrest and BHP's purchase of OZ Minerals.
  • But it's not just about the awards - the Resourcing Tomorrow Outstanding Achievement Awards Ceremony is an unforgettable evening of celebration with great food, fantastic entertainment and networking with the industry's best and brightest.

CiDRA Awarded a Services Contract for First of a Kind Grind Circuit Rougher at OZ Minerals’ Carrapateena Mine Site

Retrieved on: 
Tuesday, April 11, 2023
Environment, Other Energy, Chemicals, Plastics, Professional Services, Sustainability, Manufacturing, Energy, Mining, Minerals, Environmental, Social and Governance (ESG), Natural Resources, Cucurbita, Partnership, P29, Carbon, OZ Minerals, Multimedia, History, FEED, Mineral, OZ, Engineering, Metal, Renewable energy, Carrapateena mine

OZ Minerals and CiDRA Minerals Processing Inc. (“CiDRA”) have commissioned a front end engineering and design (“FEED”) study for a full-scale implementation of CiDRA’s novel minerals separation technology at the Carrapateena mine site.

Key Points: 
  • OZ Minerals and CiDRA Minerals Processing Inc. (“CiDRA”) have commissioned a front end engineering and design (“FEED”) study for a full-scale implementation of CiDRA’s novel minerals separation technology at the Carrapateena mine site.
  • Applying CiDRA’s novel technology as a Grind Circuit Rougher will help remove coarse material from the grind circuit circulating loads, enabling an increase in plant throughput.
  • The services will be executed by Worley teams in Adelaide, Calgary and on secondment to CiDRA’s facility in Wallingford, CT.
  • Joe Seppelt, Manager-Processing at OZ Minerals’ Carrapateena mine stated, “OZ Minerals is excited to be working with the CiDRA and Worley teams on this world class project.

Draslovka’s Breakthrough Glycine Leaching Technology Is Selected as Part of Tailings Reduction Initiative With Rio Tinto, OZ Minerals and Boliden

Retrieved on: 
Thursday, January 19, 2023
Recycling, Chemicals, Plastics, Mining, Minerals, Environment, Sustainability, Manufacturing, Natural Resources, Waste, OZ, Risk, CN, Carbon, Economics, Rio Tinto, Boliden, Challenge, Glycine, OZ Minerals

The Challenge sees Rio Tinto and Boliden working in collaboration with OZ Minerals to eliminate, minimise, reuse, or find new value in mine tailings and ultimately reduce the global carbon footprint of the mining industry.

Key Points: 
  • The Challenge sees Rio Tinto and Boliden working in collaboration with OZ Minerals to eliminate, minimise, reuse, or find new value in mine tailings and ultimately reduce the global carbon footprint of the mining industry.
  • Draslovka offers a range of sustainable solutions to the global mining industry, and its glycine leaching technology (branded as our GlyLeachTM and GlyCatTM Processes) represents the best environmentally friendly alternative to traditional acid and cyanide leaching.
  • Due to its selectivity over gangue minerals and the recyclability of glycine, it enables the recovery of both base and precious metals from lower grade resources like tailings.
  • This aligns with our ambition to become the leading supplier for innovative and sustainable solutions for the wider mining industry.”

CiDRA Minerals Processing and OZ Minerals enter into Memorandum of Understanding

Retrieved on: 
Monday, December 19, 2022
Engineering, Mining, Minerals, Technology, Manufacturing, Natural Resources, Software, OZ Minerals, Mining, FEED, Freedom, Cucurbita, Carbon, TRL, Culture, Water, Mineral, OZ, Partnership, Front-end loading, MOU, Carrapateena mine

CiDRA Minerals Processing Inc. (“CiDRA”) and OZ Minerals Ltd (“OZ Minerals”) are pleased to announce that they have entered into a Memorandum of Understanding that provides a basis of common understanding to commission a Front End Engineering Design (FEED) study for customization and tie-in of CiDRA’s proprietary mineral separation technology for operation in a grind circuit rougher application at OZ Minerals’ Carrapateena Mine Site.

Key Points: 
  • CiDRA Minerals Processing Inc. (“CiDRA”) and OZ Minerals Ltd (“OZ Minerals”) are pleased to announce that they have entered into a Memorandum of Understanding that provides a basis of common understanding to commission a Front End Engineering Design (FEED) study for customization and tie-in of CiDRA’s proprietary mineral separation technology for operation in a grind circuit rougher application at OZ Minerals’ Carrapateena Mine Site.
  • At the same time, CiDRA and OZ Minerals have agreed to deploy a demonstration plant based on CiDRA’s technology at the site.
  • “We are excited to take this next step in our relationship with OZ Minerals.
  • CiDRA Minerals Processing provides measurement and control solutions to over 460 mine sites in 46 countries.

Ecora Resources PLC to Webcast Live at VirtualInvestorConferences.com December 8th

Retrieved on: 
Thursday, December 1, 2022
Growth, Copper, TSX, Toronto, Acquisition, Cobalt, OTCQX, Mineral, LSE, VIC, Coal, Treasury, Nickel, ECOR, OZ Minerals, Security (finance), Mining, South32

This will be a live, interactive online event where investors are invited to ask the company questions in real-time.

Key Points: 
  • This will be a live, interactive online event where investors are invited to ask the company questions in real-time.
  • If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
  • It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.
  • Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

Update on Transaction with Turquoise Hill Resources

Retrieved on: 
Thursday, November 17, 2022
Mining, Minerals, Natural Resources, Circular, Effective date, Capital Group Companies, Treasury, Exercise, Tinto, Arrangement, Oyu Tolgoi mine, OZ Minerals, Named, Australian Securities Exchange, First Quantum Minerals, Negotiation, UK, Financial Conduct Authority, Transaction, Ville-Marie, TRQ, Classification, Up Front, Mineral, Rio Tinto, Lundin Mining, Committee, Suite, Special, Mining, Iron ore, Security (finance), Turquoise Hill Resources, Southern Copper Corporation

Rio Tinto in good faith has been negotiating with the Special Committee of Turquoise Hill on comparable provisions for other minority shareholders.

Key Points: 
  • Rio Tinto in good faith has been negotiating with the Special Committee of Turquoise Hill on comparable provisions for other minority shareholders.
  • We will work with the Turquoise Hill Special Committee to secure a new shareholder meeting date so that the Proposed Transaction can be voted on by minority shareholders as soon as practicable.
  • As previously announced by Turquoise Hill, the Special Meeting of shareholders to vote on the Proposed Transaction has been postponed.
  • The Proposed Transaction represents Rio Tintos best and final all-cash transaction price of C$43.00 per share, which provides Turquoise Hill minority shareholders the option to realise significant and immediate value.

Ecora Resources PLC to Webcast Live at VirtualInvestorConferences.com October 20th

Retrieved on: 
Thursday, October 13, 2022
Growth, Coal, OZ Minerals, Nickel, Copper, VIC, Acquisition, ECOR, Treasury, Cobalt, OTCQX, Toronto, GLOBE, Mineral, Security (finance), Mining, South32

This will be a live, interactive online event where investors are invited to ask the company questions in real-time.

Key Points: 
  • This will be a live, interactive online event where investors are invited to ask the company questions in real-time.
  • If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
  • It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.
  • Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

Rio Tinto submits improved full and fair proposal for Turquoise Hill

Retrieved on: 
Wednesday, August 24, 2022
Natural Resources, Other Manufacturing, Manufacturing, Mining, Minerals, Rio Tinto (corporation), UK, First Quantum Minerals, Australian Securities Exchange, Rio Tinto, Financial Conduct Authority, The Crane Group Companies, Rio, Ownership, Toronto Stock Exchange, Tinto, Suite, Board, Bitcoin Improvement Proposals, Special, Lundin Mining, Mineral, Oyu Tolgoi mine, Canadian House of Commons Special Committee on Electoral Reform, OZ Minerals, Committee, Treaty of friendship and alliance between the Government of Mongolia and Tibet, Classification, Net interest margin, Private Securities Litigation Reform Act, Iron ore, Mining, Southern Copper Corporation, Turquoise Hill Resources

Under the terms of the Improved Proposal, Turquoise Hill minority shareholders would receive C$40 in cash per Turquoise Hill share.

Key Points: 
  • Under the terms of the Improved Proposal, Turquoise Hill minority shareholders would receive C$40 in cash per Turquoise Hill share.
  • The Improved Proposal reflects full and fair value for the Turquoise Hill minority shareholders and delivers the certainty of cash at a material premium.
  • On Turquoise Hills agreement with the terms of the Improved Proposal, Rio Tinto is prepared to discuss appropriate further amendments to the updated financing arrangements between Turquoise Hill and Rio Tinto dated 18 May 2022, and provide Turquoise Hill with the necessary liquidity to operate through completion of the transaction.
  • Rio Tinto currently beneficially owns 102,196,643 common shares of Turquoise Hill, representing approximately 51% of the issued and outstanding common shares of Turquoise Hill.

Rio Tinto reiterates compelling value of proposal to acquire full ownership of Turquoise Hill

Retrieved on: 
Monday, August 15, 2022
Mining, Minerals, Natural Resources, The Crane Group Companies, Australian Securities Exchange, Sale, Toronto Stock Exchange, Board, Rio Tinto, UK, Acquisition, United Nations Special Committee on Palestine, Politics of Mongolia, Partnership, Rio, Committee, Lundin Mining, Financial Conduct Authority, OZ Minerals, Oyu Tolgoi mine, Private Securities Litigation Reform Act, Rio Tinto (corporation), First Quantum Minerals, Mineral, Tinto, Iron ore, Mining, Southern Copper Corporation, Turquoise Hill Resources

Should a transaction not proceed, Rio Tinto welcomes the continued investment by Turquoise Hill minority shareholders and their pro rata sharing of future risks and funding obligations.

Key Points: 
  • Should a transaction not proceed, Rio Tinto welcomes the continued investment by Turquoise Hill minority shareholders and their pro rata sharing of future risks and funding obligations.
  • Rio Tinto Chief Executive Copper Bold Baatar said: Rio Tinto remains as committed as ever to the long-term success of Oyu Tolgoi.
  • Under the terms of the Proposed Transaction, Turquoise Hill minority shareholders would have received C$34 in cash per Turquoise Hill share, representing a premium of 32% to Turquoise Hills closing share price on the Toronto Stock Exchange on 11 March 2022, the last trading day prior to Rio Tintos previously announced non-binding proposal to acquire full ownership of Turquoise Hill.
  • As previously disclosed, Rio Tinto is not interested in pursuing any alternative transaction, including any such transaction which would result in the sale of Rio Tintos interest in Turquoise Hill or the acquisition by a third party of Turquoise Hill or Oyu Tolgoi in partnership with or independent of Rio Tinto.