Global electrification and automation company ABB have announced the acquisition of French power electronics provider, BrightLoop, in a move described as a “key step” in the company’s strategy. ABB has acquired 93 per cent of BrightLoop, with the aim of helping to...
U.S. officials in the coming days are set to hold the government’s biggest coal sales in more than a decade, offering 600 million tons from publicly owned reserves next to strip mines in Montana and Wyoming. The sales are a signature piece of President Donald Trump’s...
Ecuador’s government has revoked the environmental license granted to Canadian mining company DPM Metals for the development of Loma Larga, a gold project in an environmentally sensitive area, the government said on Saturday. The decision follows strong...
Shares in European Lithium surged more than 33% on Friday after the company unveiled plans for an on-market buy-back of up to 135-million ordinary shares, representing about 10% of its issued capital. Based on the company’s September 30 closing price, the buy-back...
Toronto-listed G Mining Ventures (GMIN) has secured a significant tax break for its Tocantinzinho (TZ) gold mine in Pará state, Brazil, after the project was approved for inclusion in the Amazon regional development tax incentive programme administered by SUDAM. The...
Canadian uranium developer NexGen Energy has upsized its equity raising in Australia to A$600-million after strong demand from investors. The Vancouver-based company said on Thursday it had entered into an amended and restated underwriting agreement with Aitken Mount...
