Accent Resources has entered into binding agreements to sell its Norseman gold project to Boomerang Mining for A$4-million in cash but retains 100% of the iron-ore and platinum group metal (PGM) mineral rights across the project area in Western Australia through a...
Mining and exploration company Critical Metals has reached an agreement with its largest shareholder European investment company NIU Invest to subscribe for £2.5-million of convertible loan notes under a new convertible loan note instrument on similar terms to the...
Genesis Minerals has tabled a binding $5.6 billion proposal to merge with Vault Minerals, setting up a potential takeover battle after Vault’s board determined the offer is superior to its existing merger agreement with Regis Resources. The proposal would create a...
Brazil will unveil its National Mining Plan 2050 on Thursday, setting a target to increase its share of global critical minerals production to 12.2% by that year, from 8.3% currently, said the Mines and Energy Ministry. The plan, drafted by the ministry, will be...
apan sharply reduced natural gas-fired power generation last month, instead relying more on coal, as disruptions around the Strait of Hormuz tightened supplies of the cleaner-burning fuel. The country produced about 17.3 terawatt hours of electricity with gas in June,...
India’s coal-powered electricity generation last month surged by 14% on the year to 120.20 billion kWh as drier, hotter weather prompted a significant increase in demand. Reuters noted in a report on the news that this is the highest portion of coal-fired...
