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JD Neuhaus

K+S sells its Americas salt business to Stone Canyon Industries Holding, Mark Demetree and Affiliates

K+S Aktiengesellschaft signed a contract to sell its Americas salt business bundled together as the Americas Operating Unit to Stone Canyon Industries Holdings LLC (“SCIH”), Mark Demetree and affiliates:

  • Contract of sale of the Americas salt business for USD 3.2 billion signed
  • Milestone in reducing debt significantly
  • Clear focus on costs and cash flow as part of the realignment
  • Solid financial basis for sustainable development of K+S
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MMG completes Sale of Sepon Mine

MMG Limited (MMG) has completed the sale of its 90% interest in Lane Xang Minerals (LXML), which owns the Sepon mine in Lao PDR, to Chifeng Jilong Gold Mining Co,. Ltd (Chifeng) for a total consideration of US$275 million.

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Bauer Maschinen Group sells Diesel Hammer Product Line

At the beginning of October 2018, the Bauer Maschinen Group decided to sell the diesel hammer product line and the associated brand name Pileco to Wang LLC, a subsidiary of Wuxi Xinren Universal Machinery CO, a long-standing supplier and partner to Bauer. "This profitable sale was a logical step," says Christian Gress, member of the Management Board in the Bauer Maschinen GmbH, explaining that the sale was due both to market developments in the diesel hammer sector in the USA as well as to the fact that the product ultimately no longer suits Bauer's overall Portfolio.

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Silver Standard completes Transaction on Diablillos and M-18 Projects

Silver Standard Resources Inc. (NASDAQ: SSRI) (TSX: SSO) ("Silver Standard") announces that it has completed the transaction on its Diablillos and M-18 projects with Huayra Minerals Corporation ("Huayra") for aggregate consideration including approximately $14 million payable over the first five years and a 19.9% equity interest in Huayra.

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Anglo American Platinum completes sale of Rustenburg Operations to Sibanye

Anglo American plc draws attention to an announcement issued by Anglo American Platinum, the text of which is set out below:

Anglo American Platinum confirms the completion of the sale of the Rustenburg Operations by its wholly owned subsidiary Rustenburg Platinum Mines to Sibanye Rustenburg Platinum Mines Proprietary Limited (“Sibanye”) (the “Transaction”), and that Sibanye has now taken over ownership, control and management of those operations.

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Anglo American completes Sale of the Foxleigh Mine

Anglo American plc (“Anglo American”) announces that it has completed the sale of its 70% interest in the Foxleigh metallurgical coal mine in Queensland, Australia to a consortium led by Taurus Fund Management, following the announcement of the sale and purchase agreement on 4 April this year.

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Swedish State confirms Vattenfall’s Lignite Divestment

On April 18, 2016 Vattenfall submitted the proposal to sell its German lignite operations to Czech energy company EPH and its financial partner PPF Investments to its owner, the Swedish State. After having reviewed the proposal, the owner has now confirmed that it stands behind the divestment.

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Eldorado announces Agreement to sell White Mountain and Tanjianshan Mines and Eastern Dragon Development Project

In addition to the April 26, 2016 announcement that Eldorado Gold Corporation (the "Company" or "Eldorado") has reached an agreement to sell its interest in the Jinfeng mine, Eldorado is pleased to announce it has reached an agreement to sell its respective interest in the White Mountain and Tanjianshan mines and the Eastern Dragon development project to an affiliate of Yintai Resources Co. Ltd. (SHSZ: 000975) ("Yintai") for US$600 million in cash, subject to certain closing adjustments.

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Eldorado announces Agreement to sell Jinfeng Mine

Eldorado Gold Corporation (the "Company" or "Eldorado") is pleased to announce that it has reached an agreement to sell its 82 percent interest in the Company's Jinfeng mine to a wholly-owned subsidiary of China National Gold Group ("China National Gold") for US$300 million in cash, subject to certain closing adjustments.

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