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Benjamin Hill Mining Releases Project Update on Newly Acquired Stake in Coal Project, Colombia
January 24, 2024
Benjamin Hill Mining released an early project update on its newly acquired 20 percent interest in Aion Mining Corp. The property, known as La Estrella Coal Project, has eight known seams of metallurgical and thermal coal determined by historical and
Peabody Closes on New $320 Million Revolving Credit Facility
January 23, 2024
Peabody has closed on a new $320 million senior secured revolving credit facility maturing in January 2028, subject to certain conditions relating to the company’s outstanding convertible senior notes due March 1, 2028. The facility will be guaranteed by certain
Mine Safety Experts in Sudbury Discuss How Vibrations Can Harm Miners, Canada
January 22, 2024
Researchers at Laurentian University in Sudbury are studying the harmful effects of the vibration of heavy machinery on the miners that operate that machinery. Vibration is one of several factors that can cause occupational illness according to CROSH — the
First Phosphate, Lithium Australia Sign MOU to Build Manufacturing Facility in North America
January 22, 2024
First Phosphate Corp. has signed a memorandum of understanding (MOU) with Lithium Australia Limited for the potential development of a lithium iron phosphate (LFP) and lithium manganese iron phosphate (LMFP) cathode active material (CAM) manufacturing plant in North America. LIT
Australian Pacific Coal Finalizes $60 Million Funding Package to Restart Dartbrook coal mine
January 22, 2024
Australian Pacific Coal (AQC) and its joint venture (JV) partner Tetra Resources have finalized a three-year $60 million debt facility with Vitol Asia to restart the Dartbrook Coal Mine located in New South Wales, Australia. The funding will cover forecast
First Quantum Submits Cobre Panama Mine Preservation Plan to Panama Government
January 19, 2024
Canadian miner First Quantum has delivered an initial preservation and management plan to the Panamanian trade ministry regarding its lucrative copper mine in the country, the miner’s Panamanian unit said on Wednesday. The plan takes into account the “abrupt and
Study Shows AI Could Help Power Plants Capture Carbon Using 36% Less Energy from the UK Grid
January 18, 2024
Using artificial intelligence (AI), scientists from the University of Surrey adjusted a system based on a real coal-fired power station. The model could capture 16.7 percent more carbon dioxide (CO2) while using 36.3 percent less energy from the U.K.‘s national
Perenti Secures $276 Million Contract Extensions for Three Underground Gold Mines
January 18, 2024
Australia-based mining services company Perenti has secured contract extensions worth $275.8 million (A$420 million) for three different underground gold mines. Awarded to Perenti’s underground mining businesses, the contract extensions are for the Gold Fields’ Agnew, AngloGold Ashanti’s Obuasi, and Roxgold’s
First Quantum Minerals to Halt Mining at Ravensthorpe Nickel Operation in WA, Cut 30% Staff
January 17, 2024
First Quantum Minerals (FQM) has announced a significant reduction in operating activities at its Ravensthorpe Nickel Operation (RNO) in Western Australia (WA). The company is suspending mining at the Shoemaker Levy ore body and bypassing the high-pressure acid leach (HPAL)
Fatality at BMA’s Saraji Coal Mine, Australia
January 16, 2024
The mining safety regulator has begun an investigation after an employee was crushed to death at a central Queensland coal mine on Monday. The 27-year-old man was working at southern section of the BMA Saraji Coal Mine located in the
