by Gordon Barratt | May 1, 2020 | News
The Red Chris mine. Newcrest Mining has raised $1 billion within a day of announcing the placement. The gold miner issued more than 39 million of new shares to investors at a price of $25.60 per share. Newcrest stated that it received strong interest from local and...
by Gordon Barratt | May 1, 2020 | News
A hundred metric tons of innovative fuel pellets derived entirely from biogenic and plastic waste material—which would otherwise be bound for a landfill—have been successfully produced, marking a technological leap toward large-scale combustion testing at a coal plant...
by Gordon Barratt | Apr 30, 2020 | News
Whilst the industry is contracting, Euro Auctions, record breaking auctioneers of industrial plant, construction and agricultural machinery, announces the arrival of Tim Dilworth as part of the UK SALES FORCE after 20 years with Marubeni-Komatsu Tim Dilworth joins...
by Gordon Barratt | Apr 30, 2020 | News
Image: Macmahon Macmahon Holdings has secured an early contract agreement with Strandline Resources for the Coburn mineral sands project in Western Australia. Under the contract, Macmahon will provide and operate a mining fleet for ore mining, overburden removal, pit...
by Gordon Barratt | Apr 30, 2020 | News
Mexico’s miners asked the US government to consider their sector in talks over the reopening of key areas of the Mexican and US economies once quarantine measures imposed over the coronavirus outbreak are gradually repealed. Talks are ongoing both domestically...
by Gordon Barratt | Apr 30, 2020 | News
The price of iron-ore is set to drift lower in coming months as the coronavirus pandemic eats away at demand, moderating its outperformance against other industrial commodities this year. Iron-ore has given up about 10% so far this year compared to 40% for the...