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Volt acquires major stake in European graphite project

ASX-listed Volt Resources will acquire a 70% interest in the Zavalievsky graphite business, in the Ukraine. Volt on Tuesday told shareholders that it had inked share purchase agreements (SPAs) with the existing shareholders of ZG Group to acquire a 70% interest in...

Sandfire cruises on strong copper quarter

DeGrussa copper-gold mine. Image: Sandfire Resources Sandfire Resources has kept the DeGrussa operations in Western Australia on track to meet the upper end of its gold and copper production guidances for the 2021 financial year. The company produced 16,803 tonnes of...

VKG concept of ‘Green Coal Cluster’

VGK, one of the ten largest coal mining companies in the Russian Federation, intends to create a ‘Green Coal Cluster’ in the Uglegorsk District of the Sakhalin Region. The concept of the project was presented by the Chairman of the Board of Directors of VGK, Oleg...

Greece confirms last coal plant will be shut in 2025

A huge excavator is seen on operation as smoke rises from a power plant in the background, at the lignite center of Western Macedonia, near the city of Ptolemaida, northern Greece, 03 October 2014. [EPA/YANNIS KOLESIDIS] “We are saying goodbye to the coal age,”...