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Adriatic Metals Approved for New Tailings Facility at Its Veovaca Site in Bosnia and Herzegovina
October 25, 2024
Adriatic Metals has received full government approval to begin constructing a tailings storage facility at its Veovaca site in Bosnia and Herzegovina. Permits were granted on October 24 by the Federal Ministry of Energy, Mining, and Industry, which allows the
Rio2 Secures $150 Million Financing Package to Develop Fenix Gold Project, Chile
October 23, 2024
Rio2 Limited has arranged a mine construction financing package expected to total approximately $150 million for construction and general working capital of the company’s 100 percent owned Fenix Gold Project in Chile. This funding package marks a significant de-risking milestone
Brazil Environmental Disaster Victims Take $47B Class Action Lawsuit Case Against BHP to UK Court
October 23, 2024
Victims of Brazil’s worst environmental disaster took their case for compensation to a UK court Monday, almost nine years after tons of toxic mining waste poured into a major waterway, killing 19 people and devastating local communities. The class action
Piedmont Lithium’s JV Receives Mine Operating Permit for Ewoyaa Lithium Project, Ghana
October 16, 2024
Piedmont Lithium said the Minerals Commission of Ghana has issued a mine operating permit to the joint venture Ewoyaa Lithium Project in Ghana. Ewoyaa is being developed in partnership with Atlantic Lithium Limited. Receipt of the mine operating permit marks
Philippines’ Top Coal Producer Semirara Plans $5 Billion Mine Expansion
October 16, 2024
Philippines coal producer Semirara Mining and Power is planning to invest approximately $5.07 billion to expand its mining operations. The five-year proposal has been submitted to the Department of Environment and Natural Resources. The expansion will involve running the existing
Babcock & Wilcox Sell Its Italian and Swedish Businesses for $40 Million
October 16, 2024
Babcock & Wilcox Enterprises has reached an agreement to sell its Italy-based SPIG group of companies and Sweden-based Babcock & Wilcox Vølund AB to funds managed by AUCTUS Capital Partners for approximately $40 million, subject to customary adjustments and expenses.
Peabody Releases Update on Centurion Metallurgical Coal Mine Development, Australia
October 15, 2024
Peabody released an investor presentation on project development and the related integrated mine plan at Centurion, the company’s premium low volatile hard coking coal project located in Australia’s Bowen Basin. Centurion is quickly becoming the cornerstone metallurgical coal asset in
Newmont to Divest Its Akyem Operation to Zijin Mining Group for $1 Billion, Ghana
October 15, 2024
Newmont Corporation said it will sell its Akyem operation in the Republic of Ghana to Zijin Mining Group $1 billion. The sale is part of Newmont’s ongoing program to divest non-core assets as the company makes a strategic shift to
Mining Connection Offices Will Be Closed Due to Hurricane Milton
October 8, 2024
Today, Tuesday October 8, we have mandatory evacuation orders. We will be prepping our offices this morning and leaving in the afternoon. Daily news posts will be scattered this week and back full time on Monday, October 14. We’ll be
One Fatality, One Injured at Glencore’s Oaky Creek Coal Mine in Queensland, Australia
October 4, 2024
A man in his 30s has died and a man in his 20s is clinging to life with injuries suffered in a “machinery incident” at a Queensland coal mine. One man died instantly from head injuries at the Oaky Creek
