AustralianSuper has emerged as a substantial shareholder in Whitehaven Coal Ltd, having recently acquired more than 42.4 million shares to take a 5.07% stake in the ASX-listed miner, suggesting a potential shift back to metallurgical coal investments. Whitehaven...
Emirates Global Aluminium plans to start building a $4-billion plant in Oklahoma next year as Donald Trump pushes for massive investments from oil-rich Gulf states to avoid his tariffs. The plant will have the capacity to produce as much as 600 000 t/y of primary...
Perenti’s underground mining subsidiary, Barminco, has signed a new $500 million contract with Gold Fields’ Agnew gold mine near Leinster, Western Australia. This contract extension concerns underground mining operations at Agnew, which Barminco has been...
New Hope Group has recorded an increase in coal sales for the three-month period ending April 30, among other operational highlights. The company sold 2.7 million tonnes (Mt) of coal for the period, a three per cent increase from the prior period. A total of 2Mt were...
The Alberta Energy Regulator approved on Thursday a controversial coal exploration project on the eastern slopes of the Rocky Mountains. Northback Holdings Corp.’s project at Grassy Mountain was rejected in 2021, when a panel ruled likely environmental effects...
