NEWS — Click on text to read news by category: General | Product | People | Worldwide
Rio Tinto to Acquire Remaining Stake in Turquoise Hill in $2.7 Billion Deal
April 1, 2022
Rio Tinto has offered to take full ownership of Canada-based mining firm Turquoise Hill by acquiring the remaining stake of about 49 percent in the latter in a deal worth around $2.7 billion. The mining major, currently, has a stake
Australian Uranium Explorers Deep Yellow and Vimy Resources Sign $492 Merger Deal
March 31, 2022
Deep Yellow and rival Australian uranium explorer Vimy Resources have agreed to merge in an all-stock deal worth A$658 million ($492 million). The merger is aimed at creating a new global uranium player having considerable scale and uranium mineral resource
Poland Moves to Block Coal Imports from Russia
March 30, 2022
Poland’s government decided Tuesday to block imports of coal from Russia, part of an overarching strategy to reduce energy dependence on Russia that gained new urgency after Moscow’s invasion of Ukraine. Poland will impose financial penalties on any private entities
Fatal Accident Closes Anglo American’s Moranbah North Coal Mine, Australia
March 28, 2022
UK-South African mining firm Anglo American has closed its Moranbah North hard coking coal mine in Queensland, Australia, after a contractor died in a workplace accident on March 26, further delaying the slow ramp-up of the mine. The Moranbah mine
The Metals Company, Allseas Complete Wet-Test Commissioning of Robotic Polymetallic Nodule Vehicle
March 24, 2022
The Metals Company (TMC) has successfully deployed and wet-test commissioned the pilot robotic nodule collector vehicle together with the company’s strategic partner and shareholder, Allseas Group. During the harbor wet-test commissioning undertaken at the Port of Rotterdam, the Allseas-designed pilot
Ardea Secures Major Project Status for $860 Million Kalgoorlie Nickel Cobalt Project, Australia
March 22, 2022
The Australian Federal Government has rolled out the red carpet for Ardea Resources by stamping major project status on its Kalgoorlie nickel and cobalt operation. The decision could help the developer haul its hefty bag of battery metals to market.
GRI Releases New Sustainability Reporting Standard for Coal Sector
March 21, 2022
The Global Reporting Initiative (GRI), one of the leading organizations promoting standardized ESG reporting, announced today the launch of a new disclosure standard for the coal sector, aimed at guiding companies in the sector to communicate their impacts on the
Metals Acquisition Corp. to Acquire Glencore’s CSA Mine in $1.1 Billion Deal, Australia
March 18, 2022
Glencore and Metals Acquisition Corp. (MAC) have entered into a binding agreement for the sale and purchase of Glencore’s CSA copper mine in New South Wales, Australia. Glencore will receive US$1.05 billion in cash, US$50 million equity stake in MAC,
Antofagasta Minerals Recruits Nokia for Private LTE Install at Chilean Copper Mine
March 18, 2022
Chile-based copper mining group Antofagasta Minerals has recruited Nokia to deploy a private LTE network at its Minera Centinela (Centinela mine) open pit copper mine in the Antofagasta region in northern Chile. It is the latest in a string of
Fatality in Mine-related Material Car Incident at Harmony Gold’s Doornkop Mine, Africa
March 17, 2022
Harmony Gold Mining said that one of its employees tragically lost their life following a mine-related material car incident during the afternoon of Friday, March 11, 2022, at its Doornkop Mine, near Soweto, in the Gauteng province. “We are deeply
