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EU Court Fines Poland $586,000 a Day Until Turow Coal Mine Closes
September 21, 2021
The EU’s Court of Justice has ordered Poland to pay a daily fine of €500,000 ($586,000) for keeping the Turow coal mine open. Polish Prime Minister Mateusz Morawiecki has refused to comply with the order. Polish Prime Minister Mateusz Morawiecki
AngloGold Ashanti to Acquire Remaining Stake in Corvus Gold for $370 Million
September 15, 2021
AngloGold Ashanti has agreed to acquire the remaining 80.5 percent stake in Canada-based Corvus Gold, at a price of C$4.10 ($3.24) per share, totaling around $370 million in cash. North American gold exploration and development company Corvus is focused on
Roy Hill Sets New Course with Purchase of FLXdrive Battery Locomotive
September 15, 2021
Roy Hill has purchased of Wabtec’s FLXdrive battery-electric locomotive, the world’s first 100-percent battery, heavy-haul locomotive for the region and the mining industry. “We are committed to transforming the next generation of transportation by adopting advanced technologies that improve energy
Orica Unveils 4D™ Bulk Explosives System to Optimize Productivity and Blasting Costs
September 14, 2021
Orica has launched 4D™, its latest bulk explosives technology at MINExpo, Las Vegas. The revolutionary 4D™ bulk system enables the real-time tailoring of explosives energy to geology across a blast, delivering improvements in fragmentation, on bench productivity and an overall
Minister for Resources and Water, Keith Pitt: Coal Industry has Strong Future in Australia
September 7, 2021
Minister for Resources and Water, Keith Pitt, says coal will remain a significant contributor to the Australian economy well beyond 2030 as global demand continues to grow. Minister Pitt said the latest export figures show the reports of coal’s impending
FURA Gems Collaborates with Cognecto to Transform Its Australian Mining Operations
August 31, 2021
FURA Gems has entered into a partnership with India’s leading AI-based heavy equipment monitoring company Cognecto to improve operational efficiency, sustainability, productivity, and decrease the carbon footprint of its Australia mining operation. This collaborative effort forges a solution combining heavy
Rio Tinto Resumes Operations at Richards Bay Minerals, South Africa
August 30, 2021
Rio Tinto has commenced the process of restarting operations at Richards Bay Minerals (RBM) in South Africa. This follows a stabilization of the security situation around the mine, supported by the national and provincial government, as well as substantive engagement
FLSmidth to Acquire thyssenkrupp’s Mining Business for $386 Million
August 27, 2021
FLSmidth and thyssenkrupp Industrial Solutions AG have reached an agreement where FLSmidth will acquire thyssenkrupp’s Mining business (TK Mining) for a total consideration of EUR$325 million ($386,265,163 million) corresponding to approximately DKK$2.4 billion. Closing of the transaction is expected in
VTT, Nokia, and Sandvik Partner for 5G Powered Mining Technology Project
August 25, 2021
Finland-based VTT has teamed up with Nokia and Sandvik to conduct a 5G-powered research project on advanced mining technology, dubbed Next Generation Mining (NGMining). Advanced mining technology includes autonomous connected machinery, digital automation, and advanced analytics for real-time situational awareness
U.S. Coal Exports on the Mend Despite Mixed Long-term Outlook
August 24, 2021
The amount of coal shipped from U.S. shores rose during the second quarter, buoyed by robust demand from international markets, particularly in Asia. Exports of U.S. coal jumped 52.5 percent year over year to 20.6 million tonnes in the June
