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Newcrest to Invest $150 Million to Further Extend Telfer Gold Copper Mine Operations, Australia
December 7, 2022
Newcrest Mining said that its board has approved an investment of A$214 million ($150 million) for the West Dome Stage 8 cutback at its fully-owned Telfer gold-copper mine operations in Western Australia. The investment includes the costs for mine operation
Epiroc and Gold Fields Australia Enter MOU for Development of Diesel-electric Underground Mine Truck
December 2, 2022
Epiroc and Gold Fields Australia formally entered into a memorandum of understanding (MOU) to partner on the development of the next generation of underground mine trucks. The companies will work in a formal partnership to develop and test a proof
SolGold and Cornerstone Merge
November 29, 2022
SolGold and Cornerstone Capital Resources have entered into a definitive agreement where SolGold will acquire all of the issued and outstanding shares of Cornerstone, other than Cornerstone shares already held, directly or indirectly. The merger of Cornerstone and SolGold will
Coal Traders Turn to Private Finance as High Demand Lifts Prices
November 29, 2022
Coal traders are turning to private finance to keep shipments moving after a European ban on Russian imports sent prices up fivefold. Russia made up almost half of the European Union’s hard-coal imports in 2020, but purchases all but ceased
Biden Pledges $20 Billion Deal to Indonesia to Help End Its Reliance on Coal
November 23, 2022
President of the West Virginia Coal Association Chris Hamilton joined Fox & Friends First to discuss the deal and the implications of Biden’s green agenda on jobs and the economy. Watch the latest video at foxnews.com Be in-the-know when you’re
Siloed Approach to World’s Environmental and Social Challenges Risks Achievement of UN’s SDGs
November 21, 2022
The achievement of the United Nations’ 17 Sustainable Development Goals (SDGs) by 2030 will not be met as long as the world’s key environmental and social challenges are dealt with separately, says Mark Bristow, president and chief executive of Barrick
South Africa Faces Challenges in Transition Away from Coal
November 21, 2022
Living in the shadow of one of South Africa’s largest coal-fired power stations, residents of Masakhane fear job losses if the facility is closed as the country moves to cleaner energy. South Africa relies on coal to generate about 80
Sandvik to Acquire Advanced Mine Optimization Software Provider Polymathian Industrial Mathematics
November 18, 2022
Sandvik has signed an agreement to acquire Polymathian Industrial Mathematics, an Australia-based provider of advanced mine optimization software and services. Polymathian will be reported in Digital Mining Technologies, a division within business area Sandvik Mining and Rock Solutions (SMR). Polymathian’s
Anglo American Sources 100% Renewable Electricity Supply for Australia Operations
November 16, 2022
Anglo American has sourced the supply of 100 percent renewable electricity for its operations in Australia from 2025, agreeing terms for a 10-year partnership with Stanwell Corporation, the Queensland Government-owned provider of electricity and energy solutions. The deal will effectively
Allegiance Coal Raises $15 Million for Black Warrior and New Elk Mines
November 9, 2022
Allegiance Coal has successfully raised $15 million under an institutional entitlement offer. The funds were raised through the issue of approximately 300 million new shares at 5 cents — a 41.9 per ent discount to the company’s closing price of
