by Gordon Barratt | Jun 3, 2021 | News
Newcastle thermal coal futures have risen to their highest price since July 2018 at $US121.25 ($156.50) per tonne on Wednesday, off the back of increased demand for the commodity in Asia. The price rise marked a 93 per cent increase in the past year, closing at...
by Gordon Barratt | Jun 3, 2021 | News
Vietnamese steelmaker Hoa Phat Group has acquired the Roper Valley iron ore project in the Northern Territory. According to Hoa Phat Group, the Roper Valley iron ore project has an estimated 320 million tonnes of reserves with a four-million-tonne-per-year mining...
by Gordon Barratt | Jun 2, 2021 | News
The Turkish conglomerate Mapa Group has awarded Metso Outotec a contract for the delivery of key grinding technology to their gold mine expansions in Liberia and Burkina Faso. The value of the order is approximately EUR 19 million, and it has been booked in Minerals...
by Gordon Barratt | Jun 2, 2021 | News
Zimbabwe’s ambitious value addition got a boost yesterday after Dinson Colliery Company had its successful first production of coking coal at its Hwange plant. The company, which is a subsidiary of Chinese global investor, Tsingshan Holding Group, plans to...
by Gordon Barratt | Jun 2, 2021 | News
Renewables projects are expected to account for 70% of a record $820-billion in new power generation investment in 2021, as global electricity deployments exceed those of oil and gas for the sixth year in a row. Nevertheless, a new International Energy Agency (IEA)...
by Gordon Barratt | Jun 2, 2021 | News
Image: Liebherr Liebherr has released the T 274 haul truck with a class-leading 305-tonne payload capacity. The T 274 is designed to fit between the Liebherr T 284 and T 264 haul trucks, offering fast cycle times, high production and reduced fuel costs. The T 274...