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Rio2 arranges up to $135m to build Chile mine

Drilling activities at Fenix South, in Chile. TSX-V-listed Rio2 has arranged mine construction financing totalling between $125-million and $135-million to finance the construction of a mine at its Fenix gold project, in Chile. The financing package comprises a...

Anglo American overcomes met coal demand concerns

Anglo American has maintained its full year production targets for metallurgical coal in 2021 after the first six months were disrupted by poor demand, development activities and elevated gas levels. The multinational miner will continue aiming to produce 14-16...

South32 longwall change improves Illawarra output

South32 has improved metallurgical coal production at the Illawarra metallurgical coal operation in New South Wales after returning the site to a three longwall configuration. Illawarra, which is South32’s sole metallurgical coal asset, improved production 9 per cent...

Research finds alternative to insufficient indium

Rare earth elements. A research team has found a low-cost and sustainable way to replace indium in multiple applications including electronic devices, anti-reflection mirrors and smart architectural windows. Indium is one of the world’s scarcest modern materials and...