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Power outage risks increase as coal stockpiles plummet

Coal stockpiles in India plunged to the lowest in nearly three years, putting more than half the country’s coal-fired generation capacity at risk of outages. Heavy rains in India’s largest mining regions are worsening the country’s coal supply crisis. Flooded mines...

Drax prepares to delay coal plant closure

Power company Drax, which had been due to close its coal plants in Selby by March this year but keeping them available until September 2022, is reportedly “considering all options” according to the chief executive Will Gardner. Will Gardiner Speaking to the Financial...

Hudbay finds three new deposits at Copper World

Toronto- and New York-listed  Hudbay Minerals has identified three new deposits at its Copper World project, located on wholly-owned private land in Arizona. This now takes the project’s deposits to a total of seven, covering a combined 7 km with mineralised...

Asante takes a slice of Roscan

 Gold developer Asante Gold Corporation has announced a $5-million strategic investment into West African gold explorer Roscan Gold Corporation. Under the terms of the agreement, Asante will subscribe for 22.1 million common shares at a price of C$0.29 per Roscan...