Rio Tinto has taken a commanding position in Energy Resources of Australia (ERA), holding over 98 per cent of the company’s shares following the conclusion of ERA’s entitlement offer and shortfall bookbuild. The capital raising effort generated $766.5 million before...
He’s been a vocal opponent to coal mining in the Eastern Slopes of the Rockies for years, and more recently, a proposed project at Grassy Mountain. On Tuesday night, Alberta country music star Corb Lund used his platform to turn the volume up on the issue, just...
Sweden’s Boliden is closing in on a deal to buy Lundin Mining’s two European mines, according to people familiar with the situation. The two companies are in advanced talks over the assets, said the people, who asked not to be identified discussing private...
A plunge in water levels at the world’s largest man-made reservoir, which has left Zambia and Zimbabwe without power for hours, shows why they need to diversify their energy sources, according to a top official. “The over-dependence on hydropower has exposed the...
The rare earths recovery project underway in South Africa’s Limpopo province is regarded as one of the world’s most resilient rare earths projects at a time when these elements are in growing demand for use in permanent magnets to help the...