by Gordon Barratt | Sep 23, 2020 | News
Despite a long-term trend of coal power plant closures, and dented energy demand more recently due to the coronavirus crisis, upside for coal has been materializing in the US as gas-fired generators reacted to higher prices in the summer months and coal regained some...
by Gordon Barratt | Sep 22, 2020 | News
Aerial picture of Kakula’s initial 3.8-million-tonne-a-year processing plant under construction. Toronto-listed Ivanhoe Mines is accelerating its Kamoa-Kakula expansion in the Democratic Republic of Congo to prepare for an expected surge in copper demand that...
by Gordon Barratt | Sep 22, 2020 | News
Royalty and streaming company Maverix Metals will acquire 11 gold royalties of Newmont Gold assets located in Mexico, the US, Canada and Guatemala for $90-million, comprising $75-million in an upfront payment and the balance once certain production milestones are...
by Gordon Barratt | Sep 22, 2020 | News
Auto-mate can connect to any asset at a mine operation, regardless of its brands age or type of asset. Image: Auto-mate. Bis has announced a joint venture with Israel Aerospace Industries (IAI) to launch mining technology company Auto-mate. The company’s automation...
by Gordon Barratt | Sep 22, 2020 | News
West Musgrave processing facility and infrastructure. Image: OZ Minerals. Cassini Resources shareholders have approved OZ Minerals’ bid to acquire the company three months after the deal was announced. OZ Minerals already owns 70 per cent of Cassini’s West Musgrave...
by Gordon Barratt | Sep 22, 2020 | News
Image: New Hope Group New Hope Group forecasts that 500 jobs could be created, and a further 125 jobs saved, if the New Acland coal mine in Queensland finally wins a stage three approval. New Acland made 150 workers redundant in September following legal disputes that...
