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Coronado Global Resources in Talks with Peabody Energy Regarding Potential Combination Transaction
June 22, 2023
Australian coal miner Coronado Global Resources confirmed on Wednesday it was in confidential discussions with Peabody Energy regarding a potential “combination transaction.” The Australian, citing sources, reported on Tuesday that discussions were happening in New York, but said there was
Glencore Closes Sale of Cobar Copper Mine for $875 Million, Australia
June 21, 2023
Glencore and Metals Acquisition Corp. (MAC) have closed the sale and purchase of Glencore’s 100 percent interest in Cobar Management Pty. (CMPL), the owner of the Cobar Copper Mine in New South Wales, Australia. Glencore has received $775 million in
Hydro Produces World’s First Successful Batch of Aluminium Using Green Hydrogen as an Energy
June 20, 2023
Hydro has produced the world’s first successful batch of aluminium using green hydrogen as an energy source. The test is another step towards carbon-free aluminium. Carbon-free green hydrogen replaced natural gas as fuel for the recycling of aluminium during the
Barrick Paves the Way for Reintroduction of White Rhino to Garamba National Park
June 16, 2023
An initiative begun by Barrick president and chief executive Mark Bristow almost 13 years ago has come to fruition with the successful reintroduction of 16 white rhinos to the Garamba National Park in the northeast of the DRC, where the
Strata Worldwide President, CEO Mike Berube Talks About the Success of Strata Over the Past 30 Years
June 15, 2023
Strata Worldwide President and CEO Mike Berube talks about who and what has contributed to the success of Strata as a company over the past 30 years. He spotlights how the company has been a successful leading supplier to the
Lithium Manufacturers Allkem and Livent to Merge in $10.6 Billion Deal
June 15, 2023
Allkem and Livent have signed a definitive agreement to combine the two companies to create a leading global lithium chemicals producer — NewCo. The transaction is expected to close by the end of calendar year 2023, and upon closing of
Glencore Steps Up Battle with Cash Offer for Teck’s Steelmaking Coal Business
June 14, 2023
Glencore confirmed that it has offered to buy Teck Resources’ steelmaking coal business (EVR) for cash in a departure from the commodities giant’s previous proposal for a full-blown merger with Canada’s biggest miner. The move is the latest salvo in
Ionic Rare Earths Appoints COO to Help Accelerate Critical Metals Objectives
June 14, 2023
The appointment of experienced African mining executive Dr. Tommie van der Walt to the position of chief operating officer (COO) at Ionic Rare Earths Ltd. will enhance the company’s leadership skills and project development experience. Dr. van der Walt is
Poland’s Prime Minister Morawiecki to Keep Turow Coal Mine Operating Despite Court Ruling to Close
June 12, 2023
The Polish government said it will ignore a court ruling suspending an environmental permit for one of the country’s largest lignite coal mines. The ruling was issued by a Warsaw court on May 31 and made public on Tuesday. The
Tungsten West Partially Restarts Its Hemerdon Mine Near Plymouth, UK
June 7, 2023
Tungsten West, focused on restarting operations at the Hemerdon Tungsten and Tin Mine in Devon, has now completed processing of its legacy tungsten pre-concentrate and tin concentrate through commissioning of the refinery portion of its mineral processing facility (MPF), thereby
