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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
Canada Orders China to Divest from Country’s Mining Companies After Security Review
November 4, 2022
Canada has ordered China to immediately sell its holdings in three Canadian mining companies, as the need for investments in the extraction of critical minerals clashes with growing concerns over national security. On Wednesday Canada’s industry minister, François-Philippe Champagne, said
Epiroc Increases Focus on Sustainable Mining with Smart and Green Series
November 4, 2022
Epiroc has ramped up deliveries of battery-electric vehicles and are now seeing strong results from the field in terms of productivity, CO2 reduction and customer satisfaction. The Smart and Green series is the next step to highlight the benefits of
BHP and Rio Tinto to Collaborate on New Tailings Technology
November 2, 2022
Global miners BHP and Rio Tinto have formed a partnership agreement to accelerate the development of technology that could significantly increase water recovery from mine tailings, and in turn reduce potential safety risks and environmental footprints associated with tailings storage
Wind Farm in Germany Being Demolished to Make Room for RWE’s Coal Mine Expansion
October 31, 2022
A wind farm in Germany is being demolished to make room for a coal mine expansion. German energy giant RWE is tearing down wind turbines to expand a neighboring coal mine in an effort to deal with the country’s energy
Endeavour Reports Fatal Accident at Ity Mine in Côte D’ivoire, West Africa
October 28, 2022
Endeavour Mining said a contractor colleague passed away yesterday as a result of injuries sustained in an incident that occurred during blasting activities at the Ity mine in Côte d’Ivoire. Endeavour said the health, safety, and welfare of its colleagues
Australia Government Approves $50 Million in Grants to Accelerate Critical Minerals Development
October 27, 2022
The Australian Government has approved a series of grants to accelerate the development of the critical minerals resources industry as part of our efforts to reach net zero. Minister for Resources and Northern Australia Madeleine King said the Government is
BMW to Invest $1.7 Billion to Expand Electric Vehicles and Battery Operations, South Carolina
October 25, 2022
BMW Group has unveiled plans to invest $1.7 billion in expanding its U.S. operations to build electric vehicles (EVs) and batteries. The German carmaker said the investment will include $1 billion to prepare for production of EVs at its existing
Energy Crisis Revives Coal Demand and Production, Mothballed Coal Plants Reopen
October 20, 2022
High natural gas prices and global competition for the fuel have driven more demand for thermal coal for power generation this year as countries try to wean themselves off Russian energy supplies and seek relatively cheaper alternatives. Some countries are
Microvast Joins Consortium Led by Shell to Drive Decarbonization of Mining Industry
October 18, 2022
Microvast Holdings, a technology innovator that designs, develops, and manufactures lithium-ion battery solutions, said it is participation in a mining industry electrification consortium led by Shell. The consortium’s pilot offering of electrification solutions for off-road mining vehicles aims to advance
