by Gordon Barratt | Dec 13, 2021 | News
Anglo-Australian mining giant Rio Tinto has agreed to write off Mongolia’s outstanding $2.3-billion debt for its share in the massive Oyu Tolgoi copper/gold project, Prime Minister Oyun-Erdene Luvsannamsrai said on Monday. Oyun-Erdene said his office had...
by Gordon Barratt | Dec 13, 2021 | News
The Biden administration has ordered an immediate halt to federal support for coal plants and other carbon-intensive projects overseas, a major policy shift designed to fight climate change and accelerate renewable energy worldwide. The wide-ranging directive...
by Gordon Barratt | Dec 13, 2021 | News
Image: Komatsu Wabtec Corporation has successfully tested its new mining collision awareness system (CAS) vehicle intervention solution with the Komatsu machine intervention controller. The Wabtec CAS solution passed all key performance criteria and demonstrated the...
by Gordon Barratt | Dec 13, 2021 | News
Orica has announced it will sell its Minova business to Aurelius Group for $180 million, subject to transaction costs and customary completion adjustments. This announcement follows Orica’s announcement in May 2021 of its intentions to pursue a sale, and the global...
by Gordon Barratt | Dec 10, 2021 | News
An artists impression of the MP Materials Fort Worth magnet manufacturing plant in Texas Rare earth materials producer MP Materials on Thursday announced that it would build a rare earth magnetics facility in Fort Worth, Texas, and said it had reached a long-term...
by Gordon Barratt | Dec 10, 2021 | News
Miners of the State Enterprise LvivVugillya block the road near the Rava-Ruska border checkpoint demanding to receive their salaries on Dec. 9, 2021. (Mykhailo Volynets/Facebook)More than 100 workers from the state-owned LvivVugillya coal mines protested unpaid wages...