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Epiroc to Acquire Australian Mining Electrification Infrastructure Provider JTMEC
May 2, 2022
Swedish mining equipment manufacturer Epiroc has agreed to acquire Australian mining electrification infrastructure provider JTMEC, for an undisclosed sum. JTMEC is engaged in providing of electrification infrastructure solutions for both underground and surface mines. It also manufactures electrical substations and
Russia’s Gas Supply Cuts in Europe Could Fuel More U.S. Coal-to-Gas Switching
May 2, 2022
The U.S. power market may be in for another wave of coal-to-gas switching this summer as potential replacement fuel demand from Western Europe drives global coal prices higher. The price pressure could come following a recent but potentially extended suspension
Nabors Invests in Ultra-Deep Geothermal Drilling Technology Innovator, GA Drilling
April 29, 2022
Nabors Industries Ltd. has added to its clean energy portfolio with a US$8 million investment in GA Drilling. This strategic investment expands Nabors’ commitment to deep-drilling technologies tapping super-hot, ultra-deep rock reservoirs. GA Drilling, a geothermal technology company with headquarters
Metso Outotec Developing New Range of Electrically Driven Track-mounted Crushers and Screens
April 29, 2022
Global mining engineering company Metso Outotec is conducting a program to develop a new, complete range of electrically driven track-mounted crushers and screens in response to the growing demand for sustainable solutions. The new Lokotrack range will be built on
Death Toll Up to 12 in Poland Mine Accidents, 11 Still Missing
April 26, 2022
The death toll from two coal mine accidents last week in southern Poland has risen to 12 after the bodies of two missing miners were found at one mine and another worker at a separate mine died of his injuries,
Barrick: Holistic Approach to ESG Will Make Lasting Impact
April 26, 2022
Barrick Gold Corporation has an integrated approach to sustainability to address each of the environmental, social and governance (ESG) components concurrently, says group sustainability executive Grant Beringer in the company’s 2021 Sustainability Report published today. “The challenges of fighting poverty,
Anglo American’s $3 Billion Los Bronces Mine Extension Project Faces Regulatory Hurdle, Chile
April 25, 2022
Chile’s Environmental Assessment Service of Chile (SEA) has recommended rejecting Anglo American’s application for the $3 billion mine life extension project of its Los Bronces copper mine in the country. Anglo American claimed that the regulator has confirmed that the
Asante Gold to Acquire Kinross’ Chirano Mine for $225 Million, Ghana
April 25, 2022
Kinross Gold has entered into a sale agreement with Asante Gold Corporation to sell its 90 percent interest in the Chirano mine in Ghana for a total consideration of $225 million in cash and shares. The Ghanaian government has a
Compass Minerals Completes Sale of South America Chemicals Business
April 21, 2022
Compass Minerals has completed the sale of the company’s South America chemicals business to a subsidiary of Cape Acquisitions. The sale includes all remaining Compass Minerals operations in Brazil, concluding the company’s plan to exit the South American market. “We
Peru Declares State of Emergency to Restore Copper Production at Cuajone Mine
April 21, 2022
Peru will declare a state of emergency near Southern Copper Corp’s Cuajone mine, the country’s prime minister said on Wednesday, as protests hit top mines in the Andean nation, halting 20 percent of national copper output. Peru is the world’s
