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Azure Minerals to offload assets in Mexico to Bendito

Azure Minerals has agreed to divest its subsidiary companies that hold precious and base metals projects in Mexico to Bendito Resources.

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Rio Tinto to offer $400m in debt financing to Turquoise Hill

Rio Tinto has agreed to provide interim debt funding of up to $400m to Canada’s Turquoise Hill Resources (TRQ) in short-term early advances.

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CAVU Mining to acquire remaining stake in Canada s Star project

CAVU Mining has signed an option agreement with Prosper Gold to acquire the remaining 51% stake in the Star project in Canada.

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BHP closes deal to offload Queensland coal JV to Stanmore

BHP has concluded the divestiture of its 80% stake in BHP Mitsui Coal (BMC) to Stanmore SMC, a wholly owned entity of Stanmore Resources.

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Rio Tinto invests in copper developer Arizona Sonoran

Rio Tinto is investing in Arizona Sonoran Copper (ASCU) as part of the latter’s $23.7m (C$30.5m) nonbrokered private placement.

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