by Gordon Barratt | Aug 29, 2022 | News
Whitehaven Coal has reported a record net profit after tax of $2 billion for the year ended June 30, 2022, and EBITDA of $3.1b, a significant increase on the $204.5m in the prior year. The outstanding year results also include: An 8 per cent improvement in safety...
by Gordon Barratt | Aug 26, 2022 | News
LIMA – Peru on Thursday lowered the country’s economic growth forecast to 3.3% this year, the finance minister said, and officially abandoned a plan to hike taxes on the mining industry amid falling metal prices, high inflation and slowing...
by Gordon Barratt | Aug 26, 2022 | News
The new US Inflation Reduction Act offers great opportunities for Sibanye Stillwater’s diversification into battery materials and it may look to add more such assets, CEO Neal Froneman said. Enacted this month, it includes climate and clean energy policies and...
by Gordon Barratt | Aug 26, 2022 | News
A strategic review into the Pittong kaolin project, in Victoria, has validated a 60 000 t/y processing capacity for owner Suvo Strategic Metals. The ASX-listed company on Friday said that with an expected 83% utilisation, Pittong would produce some 50 000 t/y of...
by Gordon Barratt | Aug 26, 2022 | News
ASX-listed European energy business Hartshead Resources has completed an A$11-million capital raise to study work on the development of its Anning and Somerville gasfields, in the UK. The company said it had received firm commitments for the placement of 400-million...
by Gordon Barratt | Aug 26, 2022 | News
Federal Environment and Climate Change Minister Steven Guilbeault has approved the environmental assessment for the Valentine gold project, allowing the project in central Newfoundland to proceed based on...