by Gordon Barratt | Nov 10, 2021 | News
Gold mining major Newmont is spending $500-million on renewable energy projects against the backdrop of climate risk equating to investment risk for all mining industry participants, the Energy and Mines Virtual World Congress heard on Tuesday. Expenditure of the...
by Gordon Barratt | Nov 10, 2021 | News
Precious and green metals miner Sibanye-Stillwater has priced an upsized $1.2-billion senior notes offering. The new bonds will be issued through the group’s wholly owned subsidiary, Stillwater Mining Company (SMC). The offering is subject to customary closing...
by Gordon Barratt | Nov 10, 2021 | News
John Kerry, the US special envoy for climate, predicted the world’s biggest economy will stop burning coal by the end of the decade. “By 2030 in the United States, we won’t have coal,” Kerry said Tuesday during an interview with Bloomberg Editor-in-Chief John...
by Gordon Barratt | Nov 10, 2021 | News
KPMG has predicted the decline of coal prices towards 2024 with a fall of more than 20 per cent on the horizon for hard coking coal. The multinational advisory released its quarterly coal price and FX market forecasts report for September/October 2021, the first...
by Gordon Barratt | Nov 9, 2021 | News
TSX-V-listed Aurion Resources has granted gold miner Kinross the right to earn a 70% interest in the Silaskaira property, in Finland. The 54.35-km2 property is adjacent to the Silasselkä Vanadium project, currently under option to Strategic Resources, in which Aurion...
by Gordon Barratt | Nov 9, 2021 | News
Gold miner Newcrest Mining has made a $2.8-billion takeover offer for TSX- and NYSE-listed Pretium Resources (Pretivm), which holds the Brucejack mine 140 km from Newcrest’s Red Chris mine, in British Columbia. Under the terms of the agreement struck this...
