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

Neometals to Spin Off Mt Edwards Nickel Project Into New Company, Widgie Nickel

July 2, 2021

Neometals revealed plans to spin off its Mt Edwards Nickel Project in Western Australia into a pure nickel exploration and development company called Widgie Nickel. The Australian mineral project developer said that its board after carefully reviewing multiple strategic options

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Glencore to Acquire JV Partners’ Shares in Cerrejón Coal Mine for $588 Million, Colombia

June 30, 2021

Following notices from its joint venture partners, BHP and Anglo American, offering to sell their entire shares in the Cerrejón mine in Colombia, Glencore has reached agreement with each of them to acquire their respective 33.3 percent interests. The transaction

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Rio Tinto to Deploy World’s First Fully Autonomous Water Trucks at Gudai-Darri Mine, Australia

June 29, 2021

Rio Tinto will deploy the world’s first fully autonomous water trucks at its $2.6 billion Gudai-Darri iron ore mine in Western Australia’s Pilbara region. The new vehicles, primarily used for dust suppression on site, will enhance productivity by enabling mine

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Vista Gold Achieves Milestone with Approval of Final Major Authorization for Mt Todd Mine, Australia

June 24, 2021

Vista Gold Corp. has received approval of the Mining Management Plan (MMP) by the Northern Territory (NT) Government for the company’s 100 percent owned Mt Todd gold project located in Northern Territory, Australia. The MMP (similar to a mine operating

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Adani’s Subsidiary Bravus Strikes First Coal at $12.5 Billion Carmichael Project, Australia

June 24, 2021

Bravus Mining and Resources has struck first coal at the AUD$16.5 billion ($12.49 billion) Carmichael Project in Queensland, Australia. The company, which is a subsidiary of India-based Adani Group, said that it has exposed the first of the coal seams

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Mixed Messages on Coal Phase-out From G7

June 18, 2021

The leaders of the G7 member nations failed to agree specific dates for a phase-out of coal from power generation at their annual summit this weekend but did agree to a largely decarbonised power system in the 2030s and to

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Australia’s Orocobre and Galaxy Resources to Merge in $3 Billion Deal

June 14, 2021

Rival Australian lithium chemical companies Orocobre and Galaxy Resources have signed an AU$4 billion ($3.09 billion) merger of equals deal. The merger deal is aimed at creating a top five global lithium chemicals company, based on the recent market capitalization.

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Coal Rally Continues Amid Concerns on Supply Availability to Meet Demand

June 7, 2021

Seaborne coal prices have been bullish over the past year, largely rising from pandemic lows last spring as global energy demand resumes and economies strengthen. The prices are signaling a lack of supply as producers scramble to rehire furloughed workers

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Strata Worldwide to Distribute Aura IQ Conveyor Health Monitoring Technology

June 4, 2021

Strata Worldwide has signed a new premium partnership agreement with Future Fibre Technologies to distribute the company’s FFT Aura IQ™ Conveyor Health Monitoring System into mining and tunneling operations. This technology is designed to use real-time data to enhance asset

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Poland Defies EU Top Court Order to Close Turów Coal Mine

May 27, 2021

The Polish government has said closing the Turow lignite mine would result in the layoff of thousands of workers and cutting power to millions of homes. It says the Czech Republic and Germany still operate lignite mines. Poland on Monday

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