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Norway Postpones Deep-sea Mining, for Now
December 2, 2024
A small left wing environmentalist political party in Norway succeeded on Sunday in blocking plans to mine the sea bed at the bottom of the Arctic, by demanding the government scrap its first licensing round in return for support for
Peabody to Acquire Anglo American’s Australian Coal Assets for $3.8 Billion
November 25, 2024
Peabody has agreed to acquire world-class steelmaking coal assets from Anglo American in a transaction that accelerates Peabody’s strategy to reweight its global coal portfolio toward seaborne metallurgical coal. The transaction is expected to close mid-2025, subject to customary closing
Australia Protest Forces Ship to Abort Arrival of Coal at Port of Newcastle, 170 Arrested
November 25, 2024
A climate change protest off the coast of Australia’s New South Wales State forced an inbound ship to turn back from the country’s largest terminal for coal exports on Sunday, the port operator said. New South Wales police said 170
Resolute Mining Executives Held in Mali Freed After $160 Million Deal to Settle Tax Dispute
November 22, 2024
Three British mining executives who had been detained by the government of Mali have been released and are “safe and well”, days after agreeing to pay $160 million to settle a tax dispute. Resolute Mining, an Australian company, said on
Aura Minerals to Acquire Bluestone Resources for $74.3 Million
November 19, 2024
Bluestone Resources and Aura Minerals have entered into a definitive arrangement agreement where Aura will acquire all of the issued and outstanding common shares of Bluestone. Aura will be acquiring a 100 percent interest in Bluestone’s Cerro Blanco gold project
Prony Resources Plans for Restart of Nickel Production at Its Goro Mine, New Caledonia
November 19, 2024
Nickel miner Prony Resources New Caledonia has brought its staff back onsite as it prepares to restart output after a six-month suspension triggered by riots in the French territory. The company, which operates the Goro Mine and a plant producing
Komatsu Introduces New WA700-8 Wheel Loader
November 14, 2024
Komatsu has unveiled its new WA700-8, a powerful and efficient addition to its range of wheel loaders designed for quarry operations and aggregate producers. This wheel loader is an ideal four-pass match with 70-ton trucks such as Komatsu’s new HD605-10
Fasken Named Global Mining Law Firm of the Year
November 11, 2024
Fasken received significant accolades at the Lexology Index (formerly Who’s Who Legal) Awards in London. For the 16th time, the firm was recognized as the world’s top Global Mining Law Firm of the Year. This is Fasken’s 10th consecutive win,
Asante Gold Raises $525 Million to Finance Ghana Gold Sites
November 7, 2024
Asante Gold is raising $525 million to finance extensive development plans at its key assets in Ghana, including the Bibiani and Chirano gold mines. The company announced on Friday that this funding initiative will occur in two stages with $325
BHP Strengthens Partnership with Leading Global Technology Company ABB
November 7, 2024
BHP said it is strengthening its important strategic partnership with global technology company ABB, through the signing of a multi-year global framework agreement. ABB is a leader in industrial automation, electrification and digitalization, and delivers critical technologies and equipment for
