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

Fluor-led JV Awarded Contract to Install Grinding Mill at Grasberg Mine, Indonesia

November 8, 2021

Fluor Corporation and its joint venture with Petrosea, Fluor Petrosea Joint Organization (FPJO), has been selected by PT Freeport Indonesia to install a new grinding mill at its Grasberg copper and gold mining district in Papua, Indonesia. Fluor booked its

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Chifeng Jilong Gold to Acquire Golden Star Resources for $470 Million

November 5, 2021

Golden Star Resources and Chifeng Jilong Gold Mining Co. have entered into a definitive agreement to which Chifeng has agreed to acquire all of the issued and outstanding common shares of Golden Star by way of a statutory plan of

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World Coal Assoc. Chief Executive: Coal Industry Did Not Show Potential of Clean Tech Quickly Enough

October 29, 2021

The coal industry was not quick enough to explain the potential of clean technologies that can give the fossil fuel a place in a sustainable energy matrix, Michelle Manook, chief executive of the World Coal Association (WCA), told Reuters on

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Rio Tinto and Carbfix Partner for Carbon Capture and Storage Technology

October 27, 2021

Rio Tinto and Carbfix are partnering to implement a technology for capturing carbon and permanently storing it underground at the ISAL aluminium smelter in Iceland. Under a memorandum of understanding (MOU) for a strategic partnership, Carbfix will use Rio Tinto’s

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Freeport Indonesia Begins Construction on $3 Billion Copper Smelter Complex

October 26, 2021

Freeport Indonesia has started construction on an IDR$42 trillion ($3 billion) copper smelter and precious metals refinery in East Java, Indonesia. A groundbreaking ceremony in this regard at the Java Integrated Industrial and Ports Estate (JIIPE) in Gresik was attended

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Polish Coal Miners Protest Top EU Court’s Order to Shut Coal Mine

October 25, 2021

Some 2,000 Polish coal miners traveled to Luxembourg to stage a noisy protest Friday against a decision by the European Union’s top court to shut down a major brown coal mine in Poland and to fine the country for flouting

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BHP Sweetens Takeover Bid for Noront Resources to $339 Million

October 21, 2021

BHP has sweetened its takeover bid to Canadian mining company Noront Resources to C$419.3 million ($339.1 million) or C$0.75 per share in cash. The Canadian firm’s board has recommended shareholders vote in favor of the amended offer from the mining

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Panoramic Resources Produces First Nickel-Copper-Cobalt Concentrate at Savannah Project, Australia

October 21, 2021

Panoramic Resources has produced the first nickel-copper-cobalt concentrate at its Savannah project in the East Kimberley, Western Australia. The production comes with the commissioning of the company’s one million-tonne-per-annum capacity processing plant at Savannah. The tailings processing, crushing, milling, and

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Global Cement and Concrete Industry Releases Roadmap to Achieve Net Zero Emissions By 2050

October 19, 2021

Forty of the world’s leading cement and concrete manufacturers today join forces to accelerate the shift to greener concrete by pledging to cut CO2 emissions by a further 25 percent by 2030, marking a decisive step in the race to

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Rio Tinto Targets Low-carbon Steel Production with New Technology

October 19, 2021

Rio Tinto is progressing an innovative new technology to deliver low-carbon steel, using sustainable biomass in place of coking coal in the steelmaking process, in a potentially cost-effective option to cut industry carbon emissions. Over the past decade, Rio Tinto

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