by Gordon Barratt | Oct 1, 2021 | News
A Navajo Nation company is taking over the operation of a coal mine it owns in northwestern New Mexico. The Navajo Transitional Energy Co. has owned the Navajo Mine since 2013 but had contracted with a subsidiary of the North American Coal Corp. to run it. Clark...
by Gordon Barratt | Oct 1, 2021 | News
Australia’s powerful mining sector has backed a 2050 net-zero carbon target, heaping pressure on the country’s coal-championing government to follow suit. The Minerals Council of Australia – which represents mining heavy hitters like BHP Group PLC and...
by Gordon Barratt | Oct 1, 2021 | News
West Africa-focused Endeavour Mining has unveiled its exploration outlook for the next five years, targeting the discovery of 15-million to 20-million ounces of indicated gold resources at less than $25/oz. In the last four years, the miner has discovered 8.5-million...
by Gordon Barratt | Oct 1, 2021 | News
The Russian government has submitted proposed changes to mineral extraction taxes (MET) for Russian metals firms from 2022 to the lower house of parliament, according to the draft proposals published on Thursday. The state budget is expected to get a boost of up to...
by Gordon Barratt | Sep 30, 2021 | News
It’s not just extra natural gas that Europe’s struggling energy markets are finding tough to get from Russia. Power producers in the continent are being forced to ask Russia for more coal to ease an energy crunch with winter approaching and record-high gas prices...
by Gordon Barratt | Sep 30, 2021 | News
South32 CEO Graham Kerr South32 has exercised its pre-emptive rights to acquire up to an additional 25% shareholding and related rights in Mozal Aluminium, from Mitsubishi’s MCA Metals. In doing so, the Sydney- and Johannesburg-listed diversified mining company will...