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Queensland Approves Stanmore’s New Metallurgical Coal Mine, Australia
July 30, 2021
Construction will start next month on an $82 million extension for the existing Isaac Plains metallurgical coal mine, supporting up to 550 jobs in the central Queensland coalfields. Resources Minister Scott Stewart today announced the final government approvals and go-ahead
Group of 20 Nations Fails to Agree on Phasing Out Coal by 2025
July 26, 2021
The G20 group of rich nations failed to agree on phasing out coal by 2025 at a meeting of energy and environment ministers on Friday marking 100 days until the crucial COP26 climate talks begin in Scotland in November. At
BHP Enters Into Nickel Supply Agreement with Tesla from Its Nickel West Asset, Australia
July 22, 2021
BHP has signed a nickel supply agreement with one of the world’s leading sustainable energy companies, Tesla Inc. BHP will supply Tesla Inc. with nickel from its Nickel West asset in Western Australia, one of the most sustainable and lowest
Evolution Mining Approves Development of Cowal Underground Gold Mine, Australia
July 19, 2021
Evolution Mining’s board has approved the development of the Cowal underground mine in Australia and increase the gold production at Red Lake project in Canada. The company is expected to invest A$380 million ($280 million) between 2022 and 2023 to
Electric Car Lithium Demand Powers Mining Revival in UK
July 19, 2021
As the global auto sector accelerates production of electric cars, one British company is hoping to cash in from mining lithium needed to make rechargeable batteries that power the vehicles. It is five years since former investment banker Jeremy Wrathall
Major Drilling Acquires Australia-based McKay Drilling for C$75 Million
July 16, 2021
Major Drilling Group International has entered into an agreement to acquire all of the issued and outstanding shares of McKay Drilling, a leading specialty drilling contractor based in Perth, Australia for an amount up to A$80 million, or approximately C$75
AngloGold Ashanti Submits Proposal to Acquire Corvus Gold for $370 Million
July 15, 2021
South Africa-based gold miner AngloGold Ashanti has offered to take full ownership of Corvus Gold by acquiring the remaining 80.5 percent in the latter in a deal worth around $370 million. Corvus Gold is a Canada-based publicly-listed junior exploration and
Happy Independence Day!
July 5, 2021
Mining Connection will be back with daily news Tuesday, July 6. We wish everyone a happy and healthy holiday. As we celebrate this 4th of July weekend, we should never forget those who laid down their lives for our freedoms!
Neometals to Spin Off Mt Edwards Nickel Project Into New Company, Widgie Nickel
July 2, 2021
Neometals revealed plans to spin off its Mt Edwards Nickel Project in Western Australia into a pure nickel exploration and development company called Widgie Nickel. The Australian mineral project developer said that its board after carefully reviewing multiple strategic options
Glencore to Acquire JV Partners’ Shares in Cerrejón Coal Mine for $588 Million, Colombia
June 30, 2021
Following notices from its joint venture partners, BHP and Anglo American, offering to sell their entire shares in the Cerrejón mine in Colombia, Glencore has reached agreement with each of them to acquire their respective 33.3 percent interests. The transaction
