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Anglo American Completes $1.1 Billion Sale of Its Minority Interest in Jellinbah Group
January 29, 2025
Anglo American has completed the sale of its 33.3 percent minority interest in Jellinbah Group to Zashvin Pty Ltd. Jellinbah Group is a joint venture that owns a 70 percent interest in the Jellinbah East and Lake Vermont steelmaking coal
Earth AI Raises $20 Million to Drive AI and Drilling Technology Development
January 28, 2025
Earth AI has secured $20 million in series B funding. New funding will drive AI and drilling technology development and accelerate project value discovery. The company plans to increase the project pipeline to more than 50 sites and increase drilling
Fortescue Makes Bid to Acquire Red Hawk Mining for $254 Million
January 28, 2025
Mining giant Fortescue has moved to acquire Pilbara-focused iron ore firm Red Hawk Mining for $254 million. Fortescue, through its wholly owned subsidiary FMG Pilbara, has proposed to buy all of Red Hawk’s shares for $1.05 per share, increasing to
Anglo American Partners with University of Birmingham to Commercialize Carbon Recycling Technology
January 28, 2025
Anglo American is partnering with the University of Birmingham and venture-builder Cambridge Future Tech to launch PeroCycle, a new venture aimed at developing and commercializing carbon recycling technology for implementation in steelmaking. PeroCycle will build upon innovations made at the
A Least 7 Killed in Shootout at AngloGold Ashanti’s Ghana Mine
January 22, 2025
Multiple people lost their lives while others suffered serious injuries on Saturday after a violent shooting incident at Ghana’s Obuasi Gold Mine. Emerging reports on the matter have had conflicting information as an investigation is currently underway by the country’s
Trigon Metals Suspends Underground Mining at Kombat Mine Due to Dewatering Pumps Failure, Namibia
January 17, 2025
Trigon Metals experienced a setback in underground pumping due to the failure of both of its two main dewatering pumps on the morning of January 16, 2025 at the company’s Kombat Mine in Namibia. As a result, the company has
Mali Seizes Gold Stocks from Barrick, Initiates Temporary Suspension at Its Loulo-Gounko Complex
January 16, 2025
Barrick Gold confirmed that the company remains restricted from shipping gold from the Loulo-Gounkoto mining complex in Mali. Additionally, the interim attachment order on the gold has now been executed by the Malian government by moving the existing gold stock
Indonesia Coal Production 2024 Sets the Highest Record in History
January 13, 2025
The Ministry of Energy and Mineral Resources (ESDM) has recorded extraordinary achievement in the coal sector throughout 2024, with national coal production reaching 830.48 million tons, exceeding the target set at 710 million tons. The realization is equivalent to 116.97
Hindustan Copper Names South West Mining Ltd. as Mine Developer to Revive Rakha Mine
January 13, 2025
Hindustan Copper Limited (HCL) has appointed South West Mining Limited (SWML) as the Mine Developer cum Operator to reopen and expand its Rakha Copper Mine in East Singhbhum, Jharkhand, according to a press release issued on January 10, 2025. The
Government of Mali Extends Gold Export Ban to Put the Squeeze on Barrick
January 8, 2025
Barrick Gold remains restricted from shipping gold from its Loulo-Gounkoto mining complex in Mali. In addition, an interim attachment order has now been issued against the existing gold stock on site which further prevents its export and disrupts normal operations.
