by Gordon Barratt | Jul 29, 2022 | News
Zimbabwe plans to increase royalty rates on platinum producers and introduce one for lithium miners from Jan. 1 as part of efforts to boost its coffers that have come under strain from weakening economic conditions. The rate for platinum miners will double to 5% and a...
by Gordon Barratt | Jul 29, 2022 | News
Global coal consumption this year is set to match a record set in 2013 as European economies work to conserve supplies of natural gas, according to the International Energy Agency (IEA). Demand for coal is rising even as countries target a...
by Gordon Barratt | Jul 29, 2022 | News
The biggest US coal miners are seeing soaring revenues as global demand for the dirtiest fossil fuel drives prices to record highs. Peabody Energy, the biggest US coal producer, saw second-quarter sales jump 83% to $1.32-billion, the most since 2018, the company said...
by Gordon Barratt | Jul 28, 2022 | News
Jess Kindler, President of Epiroc’s Parts & Services division and member of Group Management, has decided to leave the Group for a position at a private company based in the United States. “Jess has made significant contributions to the development and successful...
by Gordon Barratt | Jul 28, 2022 | News
Coal miner Stanmore Coal’s integration of the BHP Mitsui Coal (BMC) coal assets continued during the three months to June, following the company’s completion of the acquisition of an 80% interest in the assets in May. Stanmore on Thursday reported that run-of-mine...
by Gordon Barratt | Jul 28, 2022 | News
Graphite developer Syrah Resources has secured a $102-million loan facility from the US Department of Energy (DoE) to support the financing of the expansion work at its Vidalia active anode material (AAM) facility, in Louisiana. Syrah said that finalisation of the...
