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U.S. Thermal Coal Exports through April are Up 77% to Europe
June 16, 2022
Fatih Birol, head of the International Energy Agency, recently warned that the current global energy crisis is in fact bigger than the oil crises of the 1970s and 80s. “Now we have an oil crisis, a gas crisis and an
Vale Creates $100 Million Venture Captial Arm to Support Disruptive Innovations in Mining
June 15, 2022
Vale has established a corporate venture capital (VC) arm for supporting start-ups focused on developing disruptive innovations to address challenges in the mining and metals sector. Dubbed as Vale Ventures, the venture capital arm has a starting budget of $100
Canada Pledges Up to $100M to Help Reduce Emissions at BHP’s Jansen Potash Mine
June 15, 2022
The Canadian government has offered up to $100 million to help global Australian mining giant BHP create the “world’s most sustainable potash mine” in rural Saskatchewan. BHP’s Jansen mine project, located about 140 kilometers east of Saskatoon, is currently in
Rio Tinto Delivers First Ore from Gudai-Darri Iron Ore Mine in Pilbara, Western Australia
June 15, 2022
Rio Tinto has delivered first ore from the Gudai-Darri iron ore mine as the company brings online its first greenfield mine in the Pilbara, Western Australia, in more than a decade. Gudai-Darri will help underpin future production of the company’s
Western Australia to Shut State-owned Coal Plants By 2030
June 15, 2022
The Western Australian government will shut its last coal-fired power unit before the end of the decade and spend an extra half a billion dollars to foster new jobs for displayed workers, the state government said. Later this year, the
Countries Mull Delaying New EU Carbon Market in Search of Climate Deal
June 15, 2022
European Union countries are considering a one-year delay to the launch of a new European carbon market for buildings and transport, pushing back the start to 2027, as they seek a compromise on more ambitious climate policies, draft documents show.
Pocahontas Exhibition Mine Reopens with Upgrades and Exciting Additions, Virginia
June 15, 2022
If you haven’t been to the historic Pocahontas Exhibition Mine recently, now would be a good time to visit. More than $1.9 million in new additions and upgrades have been completed at the mine, which hosted 3,500 visitors last year.
J.H. Fletcher & Co. Acquires Cannon Mining
June 14, 2022
J.H. Fletcher & Co. has completed its acquisition of the Cannon Mining division from Trident Maritime Systems Heavy Equipment Group. The acquisition is expected to further strengthen the current mining equipment product lines offered through both the J.H. Fletcher &
Uranium Energy to Acquire Canada-based UEX for $181 Million
June 14, 2022
US-based Uranium Energy Corporation (UEC) has agreed to acquire Canada-based uranium and cobalt exploration and development firm UEX in a transaction valued at C$234 million ($181 million). Under the terms of the deal, UEC will acquire all the common shares
Vale Advances Canadian Nickel Sulphate Project
June 14, 2022
Vale SA has concluded the prefeasibility study for a proposed nickel sulphate project in Quebec, Canada, representing an important milestone for the project development. This strategic initiative highlights Vale’s focus on delivering low carbon and high-purity nickel products into the
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