by Gordon Barratt | May 31, 2022 | News
The energy price spikes following Russia’s invasion of Ukraine are leading to high profits for fossil fuel producers. Although much of the focus has been on oil and gas, the big gains for coal miners have led some to call for a “rethink” on coal’s future only months...
by Gordon Barratt | May 31, 2022 | News
India’s Power Ministry, despite the country facing shortages of electricity in recent years and as recently as the past month, said it plans to reduce the amount of power generation from at least 81 of the country’s 173 coal-fired power plants over the next four...
by Gordon Barratt | May 30, 2022 | News
Azure Minerals has struck a binding, conditional sale agreements to sell its Mexican precious and base metals projects to mineral resources developer Bendito Resources Inc for A$20-million in cash and shares. Bendito intends to list on the TSX within 18 months of...
by Gordon Barratt | May 30, 2022 | News
Gold miner Gold Road Resources has increased its takeover offer for fellow listed DGO Gold from 2.16 Gold Road shares to 2.25 Gold Road shares for every DGO share held, and has extended the takeover period until the end of June. Gold Road said that its improved offer...
by Gordon Barratt | May 30, 2022 | News
Group 6 Metals has collaborated with the University of Tasmania on a project expected to benefit the company’s tungsten’s assets on King Island, Tasmania. The University of Tasmania’s world-renowned Centre for Ore Deposit and Earth Sciences (CODES) has been granted...
by Gordon Barratt | May 30, 2022 | News
Coal production by Coal India (CIL) has grown slower than the captive mines, awarded over the last six years. During 2020-22, production from the captive mines jumped by 38.5 per cent while CIL saw a tepid growth of 3.4 per cent, according to government data....
