by Gordon Barratt | Jun 19, 2020 | News
Chinese producer Shandong Gold has made a play for Cardinal Resources with an off-market cash takeover offer for 100 per cent of the target’s shares. Shandong increased its offer in March by 75.5 per cent on Cardinal’s 20-day volume weighted average price ($0.34 per...
by Gordon Barratt | Jun 19, 2020 | News
The Deflector operation. Image: Silver Lake Resources Silver Lake Resources is set to contract GR Engineering Services at its Deflector gold-copper operations in Western Australia. GR Engineering will be involved in upgrading the flotation tailings leach process at...
by Gordon Barratt | Jun 19, 2020 | News
Metso Truck Body. Metso Corporation and Outotec Oyi have received competition clearances to combine both businesses through a partial demerger of Metso. The Metso and Outotec combination is now set to take place on June 30. Once merged, Metso will be renamed Neles...
by Gordon Barratt | Jun 19, 2020 | News
© Getty Images In 2018, natural gas surpassed coal to become the largest source of electricity generation in the United States. And during the past four months, admittedly a period of reduced power demand because of the COVID-19 pandemic, renewable energy sources such...
by Gordon Barratt | Jun 19, 2020 | News
Inspectors patrol along the railway for transportation of coal in north China’s Shanxi Province. China will continue to reduce its outdated production capacity of coal and steel this year, the country’s top economic planner said. The country will push...
by Gordon Barratt | Jun 19, 2020 | News
Germany is planning to more than double incentives to retrofit hardcoal-fired power plants, coalition sources said, as part of the country’s effort to cut pollution. Coal plants which are no older than a decade will become eligible for a subsidy of 390 euros ($438)...
