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NEWS Click on text to read news by category: General | Product | People | Worldwide

Peabody Clears Legal Hurdle for Its Wilpinjong Coal Mine Extension Plan, Australia

June 26, 2018

A legal challenge to Peabody Energy’s planned extension of its Wilpinjong thermal coal mine in the Australian state of New South Wales has been dismissed this week by the state’s Land and Environment Court. A local residents group had challenged

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AngloGold Secures Ghana’s Approval for Obuasi Gold Mine Redevelopment

June 26, 2018

The Ghanaian parliament has given its formal consent to the redevelopment of the Obuasi Gold Mine, owned 100 percent by AngloGold Ashanti in Ghana’s Ashanti Region. According to AngloGold Ashanti, the parliament has ratified the regulatory and fiscal agreements covering

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Kaunis Iron Restarts Kaunisvaara Iron Ore Mine, Sweden

June 26, 2018

Kaunis Iron is the name of the new company now ready to restart the mine with a targeted output of two million tons annually when full production is achieved by first quarter 2019. Later, production might increase. Iron quality in

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Trade War with China Could Hit Coal Country

June 26, 2018

President Donald Trump’s escalating trade war with China might harm a constituency he highly prioritizes: coal country. Trump has placed great emphasis on the struggles of the U.S. coal industry since entering the political scene. He promised to breathe life

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Hundreds in Germany Demand End to Coal, Despite Government Spending Billions to Do So

June 26, 2018

Environmental activists marched through Berlin to protest Germany’s use of coal, even though the country has already spent a fortune to end its reliance on coal-generated electricity. Hundreds of protesters took to the streets of Berlin’s government district on Sunday

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Boreal Metals Kick-starts Exploration at Modum Cobalt Project, Norway

June 25, 2018

Boreal Metals, a Canadian mineral exploration company has launched its field work and exploration campaigns at the recently acquired Modum cobalt project in southern Norway. Acquired in February from EMX Royalty through a share-exchange deal, the Modum cobalt project surrounds

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EMR Capital to Acquire BHP’s Cerro Colorado Copper Mine, Chile

June 21, 2018

Mining giant BHP has agreed to offload its Cerro Colorado copper mine in Chile to EMR Capital, a specialist resources private equity manager, in a deal worth up to $320m. Located in the Atacama Desert in northern Chile, the Cerro

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Rio Tinto to Invest $2.2 Billion on Replacement Iron Ore Mines, Western Australia

June 21, 2018

Mining giant Rio Tinto has revealed its plans to spend about $2.2bn over the next three years on replacement mines for its iron ore production in Western Australia’s Pilbara region. Initial funding will be allocated for the developments of the

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Coal Import Restrictions Eased in China as Summer Electricity Demand Boosts Prices

June 21, 2018

The Chinese government has reduced restrictions on coal imports at the nation’s major ports in response to concerns about higher prices and regional power shortages, as demand for electricity jumps during the peak summer months. Limits on how quickly customs

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Centerra Gold Receives Pastureland Permit for Öksüt Project, Turkey

June 20, 2018

Centerra Gold’s wholly-owned Turkish subsidiary, Öksüt Madencilik Sanayi ve Ticaret A.S. (OMAS) has received approval of its pastureland permit for the Öksüt Project located in central Turkey.  OMAS has also received notice from the Kayseri Directorate of Food, Agriculture and

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