All articles by Swagath Bandhakavi
Swagath Bandhakavi
Gold Road Resources rejects Gold Fields’ $2bn takeover bid, citing undervaluation
The board of Gold Road Resources stated that the offer did not reflect the potential value of Gruyere’s planned expansion in Western Australia
TechnipFMC secures iEPCI contract for Johan Sverdrup Phase 3 expansion
The company will design, manufacture, and install subsea production systems, umbilicals, and rigid pipelines, connecting new subsea templates to the existing Johan Sverdrup field infrastructure
Masdar to expand Endesa partnership in €368m renewable energy transaction
Masdar set to invest €184m to acquire 49.99% of four Endesa solar assets in Spain with a capacity of 446MW, subject to regulatory approvals and other conditions
Torex Gold reports first copper concentrate production from Media Luna
Processing plant tie-ins and restart complete; commercial production expected in coming weeks
Tullow agrees binding heads of terms for $300m net of tax sale of Gabon assets to Gabon Oil
Completion of the deal and receipt of funds is expected around the middle of year
Shell greenlights Gato do Mato project in Brazil’s Santos Basin
The Gato do Mato project, which is expected to begin production in 2029, will feature an FPSO vessel with a capacity of 120,000 barrels per day
Catalyst Metals to divest Henty mine, secures processing option for Four Eagles Project
The transaction enables Catalyst Metals to refocus its resources on the Plutonic Gold Belt in Western Australia, where it is advancing an extensive exploration and development programme
Electra announces federal government support for completion of cobalt sulphate refinery
The funding will support completion of construction and commissioning of North America’s first battery grade cobalt refinery which will enable domestic production of up to one million electric vehicles annually
Eskom adds Kusile Power Station’s final unit to national grid
Kusile Power Station will contribute a total of four 800MW to the national grid once all units are fully operational