Australia based Syrah Resources has secured a waiver for default events under its United States International Development Finance Corporation (DFC) loan of $150m.

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Probe Gold has finalised its acquisition of the Bermont Claims, situated adjacent to its Monique gold deposit in Val-d'Or, Quebec, Canada, from Gestion Jadmine.

ArcelorMittal South Africa has announced the closure of its long steel products division, a move that is expected to affect approximately 3,500 jobs, both directly and indirectly.

Nippon Steel and US Steel have expressed their disappointment over the US government’s decision to block their proposed transaction.