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Eldorado Gold signs new deal with Greece

In order to govern the further development, construction and operation of the Skouries, Olympias and Stratoni/Mavres Petres mines and facilities in northern Greece, collectively the Kassandra Mines, Hellas Gold SA has entered into an amended Investment Agreement with...

Komatsu commissions Australian-first ultra-class truck

Komatsu has furthered the sustainability of Australian mining by commissioning an advanced low-emission mining truck, the Tier-4 930E-5. The original equipment manufacturer (OEM) is a partner with the UN’s Sustainable Development Goals. In line with its contribution...

Coal to dominate India’s energy generation until 2040

Coal is forecast to hold its top position as India’s largest single source of electricity in 2040, despite the rising use of renewable energy, according to International Energy Agency (IEA). In a report titled India Energy Outlook 2021, IEA noted that India’s energy...

Cumbria coal mine controversy explained

Plans for the UK’s first deep coal mine in 30 years are at the heart of a fierce disagreement between a local authority and climate crisis campaigners. Last October, Cumbria County Council approved plans for Woodhouse Colliery, near Whitehaven on the Cumbria coast....

Kinross Gold beats profit estimates on higher prices

Canadian miner Kinross Gold beat analysts’ estimates for quarterly profit on Wednesday as a surge in gold prices cushioned the blow from lower output. Prices of the yellow metal surged 25% in 2020 as investors sought the safety of gold after the Covid-19...