by Gordon Barratt | Nov 12, 2024 | News
Indonesia’s Adaro Energy, the world’s sixth-largest coal miner, will spin off its unit PT Adaro Andalan (AAI) in an initial public offer worth up to 4.594 trillion rupiah ($291.6 million), the company said on Tuesday. It will offer as much as 778.7 million...
by Gordon Barratt | Nov 11, 2024 | News
Premier Cho Jung-tai inspected Taichung Power Plant on Friday morning (Nov. 8), where he pledged the facility and the country would phase out coal power generation within a decade. To prepare for this phase-out, Cho said four new gas-fired units at the facility will...
by Gordon Barratt | Nov 11, 2024 | News
Shares of Australian gold miner Resolute Minin plunged 32% on Monday in their worst day in 16 years, after three of its employees including CEO Terence Holohan were detained by government officials in Mali. Holohan and two other company executives were in Bamako, the...
by Gordon Barratt | Nov 11, 2024 | News
Most of the world’s top gold miners have seen their shares surge this year as bullion prices hit repeated record highs. Not Barrick Gold. Missed production targets, higher operational costs and political turbulence at mines in Africa and Asia have investors...
by Gordon Barratt | Nov 11, 2024 | News
Rio Tinto, De Beers Group, Mountain Province Diamonds and Burgundy Diamond Mines have collaborated to design a pendant featuring diamonds from their Canadian mines. The pendant is set in 18-karat white gold and features a range of bespoke diamonds, including: a round...
