by Gordon Barratt | Apr 24, 2020 | News
The founders of A-property, a Russian businessman of Armenian descent Albert Avdolyan and Serguei Adoniev, became buyers of Mechel, the largest coking coal deposit in Yakutia, Vedomosti reported. Mechel’s Igor Zyuzin completed the sale of the Elga coal project...
by Gordon Barratt | Apr 23, 2020 | News
Multinational commodities trader and miner Glencore will take Katanga Mining private, the TSX-listed subsidiary, which has operations in the Democratic Republic of Congo (DRC), announced on Wednesday. Glencore International (GIAG) will take Katanga private by way of...
by Gordon Barratt | Apr 23, 2020 | News
Mt Weld pit looking north. Image: Lynas The United States Department of Defense (DoD) has awarded Lynas Corporation a phase one contract to construct a heavy rare earth separation facility. The DoD will fund the phase one project, with Lynas and United States-based...
by Gordon Barratt | Apr 23, 2020 | News
Anglo American has joined forces with Komatsu to rehabilitate the Dawson coal mine in Queensland’s Bowen Basin by planting 9000 trees.The “growing together” partnership is set to restore the land in old mine sites for agricultural use, with the new project adding to...
by Gordon Barratt | Apr 23, 2020 | News
The Nordic nation is now the third European country to have waved goodbye to coal for power generation. Another 11 European states have made plans to follow suit over the next decade.Sweden is the latest European nation to end coal-fired power generation.Sweden has...
by Gordon Barratt | Apr 23, 2020 | News
Mechel, one of the leading Russian mining and metals companies, reports closing the deal on the sale of companies comprising Elga Coal Complex, and signing agreements with Gazprombank and VTB Bank prolonging the debt maturity of the credit lines by 10 years. In...
