IGO has reported a significant impairment against its newly-acquired Western Areas assets, dropping the value of two nickel mines by almost $1 billion. The metals miner purchased the Cosmos project in WA, which includes the Odysseus nickel mine, from Western...
Poland’s government has outlined details of the billions of zloty it is proposing to pay state energy firms to buy their coal assets. The move is part of a process to create a new separate entity to gradually wind down the use of coal and allow other energy firms to...
One of Canada’s most tangible climate targets is to shut down coal-fired power plants by 2030. Getting off coal, the federal government acknowledges, “is one of the single most important climate steps the world can take.” However, how meaningful is that step if a...
China’s average daily coal production rebounded in June from a six-month low the prior month, official data showed on Monday, as miners ramped up output to meet increasing demand from power generators amid a heatwave. China churned out 390.1 million metric tons...
North American silver producer Hecla Mining remains firmly on course to meet its silver target for the year, while its gold output guidance at the Casa Berardi mine, in Canada, will be updated at a later stage, owing to wildfire-related production interruptions The...
Uranium developer Lotus Resources and minerals exploration company A-Cap Energy will merge as per a scheme of arrangement under which Lotus will acquire 100 per cent of the A-Cap shares on issue. Both Lotus and A-Cap have headquarters...
