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Australia’s Liontown Resources Rejects $3.7 Billion Proposal from Albemarle
March 30, 2023
Australia’s Liontown Resources rebuffed an indicative offer from top lithium producer Albemarle Corp. that valued the lithium developer at A$5.50 billion ($3.66 billion) on Tuesday, sending its shares soaring 59 percent. Albemarle had offered A$2.50 per share, Liontown said in
BHP and Hatch Commence Design Study for Electric Smelting Furnace Pilot Plant, Australia
March 28, 2023
BHP and Hatch, have signed an agreement to design an electric smelting furnace pilot (ESF) plant in support of a decision to construct this facility in Australia. The facility will aim to demonstrate a pathway to lower carbon dioxide (CO2)
STRACON Group Acquires Digital Infrastructure Provider OMT SpA
March 28, 2023
STRACON Group has acquired OMT SpA, a Chilean engineering and technology company specialized in the implementation of communication technologies for the mining sector. The acquisition further strengthens STRACON’s digital technology capabilities and, coupled with the recent acquisition of AMECO South
Evolution Mining Begins Underground Production at Cowal Gold Mine in NSW, Australia
March 23, 2023
Evolution Mining has announced the start of underground production at its fully-owned Cowal gold mine in New South Wales, Australia. The Australia-based gold mining company said that the milestone has been achieved three months earlier than the previously announced target
Deutsche Bank Tightens Finance Policy on Coal, but Not on Oil and Gas
March 23, 2023
Deutsche Bank on Thursday tightened its coal financing policies but has yet to change its criteria for the oil and gas industries, drawing criticism from climate activists. Financial firms are under pressure from policymakers and investors to reduce the scale
Rio Tinto Becomes First Major Mining Company to Publish Site-by-Site Water Usage Data
March 23, 2023
Rio Tinto is marking World Water Day 2023 by making public detailed information about annual surface water usage across its global network of managed sites in 35 countries, through an interactive map on its website HERE. For each managed site
Colombian Coal Mine Blast Kills 11, Search On for Survivors
March 16, 2023
A powerful explosion tore through a series of five coal mines interconnected by tunnels and ventilation systems in a rural area of central Colombia, killing at least 11 people and leaving 10 others missing, the government said Wednesday. Nine other
Appia Rare Earths to Acquire Up to 70% Interest in Brazilian Rare Earths Ionic Clay Project
March 14, 2023
Appia Rare Earths & Uranium Corp. has signed a letter agreement with 3S LTDA and Beko Invest Ltd. to acquire up to a 70 percent interest in the PCH Project located in the Tocantins Structural Province of the Brasília Fold
RWE Suspects Sabotage of Garzweiler Coal Mine Power Pylon
March 13, 2023
Germany’s largest power company suspects foul play after an 80-meter-high (260-foot) electricity pylon buckled but did not fall near the Garzweiler coal mine in North Rhine-Westphalia on Friday. Police from the city of Aachen were alerted to the incident on
Panama Enters 20-year Deal to Reopen First Quantum Minerals’ Cobre Panama Mine
March 10, 2023
First Quantum Minerals’ Panamanian subsidiary, Minera Panamá, has agreed and finalized the draft of a concession contract with the Government of Panamá for the Cobre Panamá mine. The proposed concession contract meets the objectives outlined by the Government in January
