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Foran’s McIlvenna Bay Project Becomes World’s First Carbon Neutral Copper Development Project
May 27, 2021
Foran Mining Corporation said its 100 percent owned McIlvenna Bay project is now the world’s first carbon neutral copper development project following the completion of carbon offset purchases to offset emissions from exploration activities undertaken at the deposit over the
BHP and Encounter Resources Enter Into JV to Advance Elliott Copper Project, Australia
May 26, 2021
BHP has entered into a farm-in and joint venture agreement with Encounter Resources for the Elliott Copper Project in the Northern Territory in Australia. The joint venture will undertake an exploration program including seismic surveys and drilling. Under the farm-in
World’s Largest Mining Firm Glencore Pilots Blockchain Cobalt Traceability
May 26, 2021
A new blockchain cobalt traceability solution Re|Source is being piloted by three massive metals and mining firms Glencore, China Molybdenum Co (CMOC), and Eurasian Resources Group (ERG). Cobalt is an element used in most electric car batteries, with a large
In Climate Push, G7 Agrees to Stop International Funding for Coal
May 25, 2021
The world’s seven largest advanced economies agreed to stop international financing of coal projects that emit carbon by the end of this year, and phase out such support for all fossil fuels, to meet globally agreed climate change targets. Stopping
EU Court Orders Poland to Immediately Suspend Mining at Turów Mine Following Czech Complaint
May 25, 2021
The Court of Justice of the European Union (CJEU) has ordered Poland to immediately cease mining operations at the Turów lignite mine near its border with the Czech Republic. The prohibition is an interim measure sought by the Czech government,
Asian Development Bank to Stop Financing Coal Plants
May 13, 2021
The Asian Development Bank (ADB) will stop financing new coal power plants under a draft energy policy released Friday, a move that was cautiously welcomed by environmental groups. The ADB, which provides loans and grants for projects in the poorest
Australian Government Commits $20 Million to Resources Strategy
May 12, 2021
The Coalition Government is investing $20 million in a Global Resources Strategy which will help diversify exports and find new markets for Australia’s resources and technology. Minister for Resources, Water and Northern Australia Keith Pitt launched the new global strategy
Sandvik to Acquire Screens and Feeders Manufacturer Kwatani
May 11, 2021
Sandvik has signed a deal to acquire the South African based company Kwatani, a leading supplier of screens and feeders for the mining industry. The product offering includes screens, feeders, fine separators, drives, and services. The company will be reported
Peabody Reopening Metropolitan Coal Mine, Australia
May 4, 2021
U.S. energy firm Peabody Energy will reopen its 1.8mn t/yr Metropolitan coking coal mine in Australia’s Illawarra region of New South Wales (NSW) this month after it was closed in early January because export orders dried up. The firm had
Teck, U.S. Coking Coal Miners Continue to Reap China Premium on Australia Coal Ban
May 3, 2021
Miners Teck Resources, Coronado Global Resources, Warrior Met Coal, and the broader North American coal industry have emerged as key beneficiaries from the Chinese ban on Australian coal imports, as premiums for China spot sales continue through the first quarter.
