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NEWS Click on text to read news by category: General | Product | People | Worldwide

Adriatic Metals to Begin Production in November at Its Vares Silver Project, Bosnia

September 22, 2023

British-based mineral exploration company Adriatic Metals plans to start production at its Vares Silver Project in central Bosnia in November, the first mine to open in Europe in over a decade, its CEO Paul Cronin said in an interview on

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Freeport-McMoRan Publishes Updated Climate Report

September 22, 2023

Freeport-McMoRan (FCX) has published its annual Climate Report outlining FCX’s ongoing progress to advance its climate strategy focused on reducing its greenhouse gas (GHG) emissions, enhancing its resilience to climate risks, and contributing responsibly produced copper to the global economy.

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Volvo Enters Long-term Collaboration with Boliden to Deploy Autonomous Solutions

September 20, 2023

Boliden and Volvo Autonomous Solutions (V.A.S.) have entered into a long-term strategic collaboration regarding the implementation of autonomous transport solutions at Boliden’s mines. The first project is located at the Garpenberg mine and will be initiated already during 2023. To

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OPEC Releases Statement on IEA’s Op-Ed Asserting Fossil Fuel Demand Would Peak Before 2030

September 19, 2023

OPEN has released a statement regarding the International Energy Agency’s recent Op-Ed published on September 12, 2023, asserting that fossil fuel demand would peak before 2030, OPEC said that consistent and data-based forecasts do not support this assertion. It is

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Newmont Receives Clearances from Australia and Japan for Newcrest Acquisition

September 19, 2023

Newmont Corporation said, following a review by Australia’s Foreign Investment Review Board (FIRB), the Treasurer has cleared the company to proceed with its proposed acquisition of Newcrest Mining Limited, issuing a no objection notification (NON). The NON is conditioned upon

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Bens Creek Signs Marketing Agreement with Shareholder Avani

September 19, 2023

Bens Creek Group, the North American metallurgical coal mine owner supplying the steel industry, has entered a non-exclusive marketing and sales services agreement with Avani Resources, its largest shareholder. Avani will market coal produced by Bens Creek, which previously sold

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Lundin Mining Secures EIA Approval to Extend Candelaria Mine Life to 2040, Chile

September 19, 2023

Lundin Mining Corporation said the environmental impact assessment (EIA) for the extension of operations and mine life for its Candelaria Copper Mine in Chile was approved by the Regional Environmental Commission of Atacama (COEVA). Issuance of the Resolución de Calificación

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Indonesia Proposes Critical Minerals Trade Deal with U.S.

September 8, 2023

Indonesia has asked the United States to begin talks on a trade deal for critical minerals so that exports from the Southeast Asian country can be covered under the U.S. Inflation Reduction Act, an Indonesian ministry said on Thursday. The

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Bathurst Resources to Acquire Tenas Coking Coal Project for $3.3 Million, Canada

September 6, 2023

New Zealand-based coal mining company Bathurst Resources has agreed to acquire the assets of the Tenas coking coal project located in British Columbia, Canada from Telkwa Coal, a subsidiary of Allegiance Coal. According to the terms of the agreement, Bathurst

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Liontown Resources’ Board Recommends Albemarle’s Revised Acquisition Bid of $4.3 Billion

September 6, 2023

Liontown Resources said that its board has unanimously recommended Albemarle’s revised bid of A$3 ($1.94) per share, which values the former at $4.3 billion (A$6.6 billion) on an equity value basis. Albemarle, which is an American specialty chemicals manufacturing company,

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