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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
Horizonte Minerals Secures $346.2 Million for Construction of Araguaia Nickel Project, Brazil
March 17, 2022
Horizonte Minerals said it signed the final documentation required for a US$346.2 million (£265 million) senior debt facility and US$25 millionn cost overrun facility for the construction of its Araguaia ferronickel project in Brazil. The first drawdown under the senior
Australia to Invest $178 Million in Critical Minerals Manufacturing
March 17, 2022
The Australian government has announced a funding of over A$243 million ($178 million) for four projects with an aim to boost the country’s critical minerals sector. The funding will be available to a A$399 million ($292.3 million) nickel manganese cobalt
RST Solution Develops Dust Suppressants for Miners to Meet New Tougher Exposure Limits
March 11, 2022
Leading fine particle specialist Reynolds Soil Technologies (RST Solutions) is assisting mine site operators to comply with tougher workplace exposure standards for airborne contaminants. In Australia, the national regulator for occupational health and safety Workplace Health and Safety, halved the
Germany Reactivates Coal Power Plants Amid Russian Gas Supply Threats
March 11, 2022
As Germany closes its last nuclear reactors, it is also reactivating old coal power plants to ensure electricity supply security amid Russian threats to turn off the gas tap. Germany’s attempt to simultaneously phase out nuclear and coal power just
Rail and River Transportation Issues Hamper West Virginia’s Coal Exports to Europe
March 11, 2022
Problems are cutting into the West Virginia coal industry’s ability to benefit from record-high prices for coal suddenly needed to fire Europe’s power plants. The mining industry blames railroads and a decline in its own ability to produce coal. The
Perseus Mining to Take Full Ownership of Orca Gold in $155 Million Deal
March 4, 2022
Perseus Mining has agreed to take full ownership of Canada-based gold developer Orca Gold by acquiring the remaining 85 percent stake in an all-stock deal worth C$198 million ($155.1 million). The Australia-based gold company had acquired the currently held 15
