Fortune Minerals has extended the option to purchase the JFSL Field Services (JFSL) brownfield industrial site in Lamont county, Alberta. Fortune plans to construct a hydrometallurgical refinery at this site to process concentrates from...
Americas-focused Capstone Copper on Thursday announced a C$375-million bought deal to raise cash for its near-term growth initiatives in Chile. Capstone and affiliates of Orion Mine Finance have entered into an agreement with a syndicate of underwriters, led by RBC...
Uranium miners extended a rally that’s made them the best-performing Australian stocks this year after the world’s biggest producer of the metal used to produce nuclear fuel cut its output target. Kazatomprom lowered its guidance for production for this year by 12% to...
Coal has emerged as the standout commodity from Glencore’s 2023 full year production report. While copper, cobalt, zinc and nickel production all experienced a downturn, Glencore’s coal production was three per cent higher than 2022 at 3.6 million tonnes (t). The...
The upward trend in the carbon price since 2015 has already seen coal generation decline significantly. Last year, total generation was a little over 100 TWh; it was 263 TWh in 2003. Sebastian Ligewie at Energy Brainpool looks at the prices of hard...
The Department of Mineral Resources and Energy (DMRE), working with the State Information Technology Agency, has concluded the process to appoint a service provider for the design, implementation, maintenance and support of an electronic mining licensing system. This...
