by Gordon Barratt | Apr 8, 2020 | News
Image: Metro Mining The Queensland Government has agreed to Metro Mining’s $47.5 million Northern Australia Infrastructure Facility (NAIF) loan facility for the Bauxite Hills mine in Queensland’s far north. Metro Mining intends to use the loan facility to fund the...
by Gordon Barratt | Apr 8, 2020 | News
Aerial views of Jabiluka and Ranger Uranium Mine. Image: ERA Energy Resources of Australia (ERA) produced 421 tonnes of uranium oxide at its Ranger mine in Northern Territory during the March quarter, on par with its 426 tonnes in the December 2019 quarter. The Rio...
by Gordon Barratt | Apr 8, 2020 | News
US coal production will fall by 22% in 2020, as coronavirus-related stay-at-home orders drag down demand for electricity and coal mines have been idled for extended periods as a result of Covid-19. The US Energy Information Administration (EIA) says in its short-term...
by Gordon Barratt | Apr 8, 2020 | News
The London Stock Exchange’s only mineral royalty streamer Anglo Pacific Group on Tuesday reported a rise of about 32% in its final dividend for 2019 despite lower full-year profit on the back of higher costs and a loss on the revaluation of coal royalties. The Kestrel...
by Gordon Barratt | Apr 8, 2020 | News
China and other countries could be planning to build more coal plants to stimulate their economies in the wake of the novel coronavirus pandemic but nearly half of global coal plants will run at a loss this year, research showed. China has over 1,000 gigawatts (GW) of...
by Gordon Barratt | Apr 7, 2020 | News
Image: Metro Mining. Metro Mining has recommenced operations at the Bauxite Hills mine in Queensland, with the addition of a night shift crew coming onboard this week. The mine’s day shift team also exceeded budgeted rates based on four million wet metric tonnes using...
