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Rio Tinto Signs Mineral Exploration Agreement with Minmetals
December 1, 2017
Rio Tinto and Minmetals have today signed a technical collaboration agreement, formalizing a collaborative partnership in mineral exploration. It follows a heads of agreement on global exploration collaboration signed in June this year, which set out the principles and framework
Rio Tinto Extends Sustainable Development Partnership with Tsinghua University
December 1, 2017
Rio Tinto has further strengthened its partnership with China’s Tsinghua University, extending the tenure of the Tsinghua-Rio Tinto Joint Research Centre for Resources, Energy and Sustainable Development. Rio Tinto and Tsinghua University established the Joint Research Centre in 2012 to
Peabody Completes $11M Sale of Majority Interest in Inactive Burton Mine to Lenton Joint Venture
December 1, 2017
Peabody has completed the sale of the majority of its inactive Burton Mine and related infrastructure to the Lenton Joint Venture for approximately US$11 million, subject to certain customary post-closing adjustments. In addition to receipt of cash proceeds from the
Court Challenge to South Africa Mining Charter Postponed to February
November 30, 2017
A court hearing for a challenge by South Africa’s mining industry to revisions to a sector charter which include raising levels of black ownership has been postponed to February from December, country’s Chamber of Mines said on Monday. “A judge
Palaszczuk Amends Her Party Position of Adani Coal Mine Before Election, Australia
November 28, 2017
India`s Adani Enterprises Ltd faces a likely block on a A$900 million ($684 million) government loan to help build a giant coal mine in Australia, with the left-leaning Labor Party on track for re-election in a state poll. Queensland state
Australia’s South32 to Make Its South Africa Energy Coal a Stand Alone Entity
November 28, 2017
Australian miner South32 Ltd on Monday said its South Africa Energy Coal (SAEC) business would be run as a stand-alone unit, with the goal of widening its ownership and possibly listing it on the Johannesburg Stock Exchange. “This will present
AC Energy Set to Commence Operations at Coal-fired Power Plant in Kauswagan Next Year, Philippines
November 28, 2017
AC Energy Holdings Inc. said subsidiary GN Power Kauswagan Ltd. Co. is on track to complete a 552-megawatt coal-fired power plant in Kauswagan, Lanao del Norte next year. AC Energy President and Chief Executive John Eric Francia said the project
De Beers Puts Its Voorspoed Mine Up for Sale, South Africa
November 28, 2017
Rough diamond producer De Beers put its Voorspoed mine in the Free State up for sale after talking about closing its second-last operation in SA. De Beers, which is 85 percent owned by Anglo American and is the world’s largest
Mining and Heavy Industry Lead the Way as China’s Industrial Profits Surge
November 28, 2017
China’s industrial firms weathered a broad government crackdown on financial risks as profits continued to surge last month in a stabilizing force for the world’s second-biggest economy, which has started to cool slightly in recent months. The vast industrial sector
Germany’s Respite for Coal May End as Talks Resume With Chancellor Angela Merkel
November 27, 2017
The future of Germany’s coal industry is moving back into the spotlight as Chancellor Angela Merkel restarts talks on forming a new coalition government, with pressure building for stricter limits on the most polluting fuels. Two months after national elections,
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