by Gordon Barratt | Sep 22, 2020 | News
Royalty and streaming company Maverix Metals will acquire 11 gold royalties of Newmont Gold assets located in Mexico, the US, Canada and Guatemala for $90-million, comprising $75-million in an upfront payment and the balance once certain production milestones are...
by Gordon Barratt | Sep 22, 2020 | News
Auto-mate can connect to any asset at a mine operation, regardless of its brands age or type of asset. Image: Auto-mate. Bis has announced a joint venture with Israel Aerospace Industries (IAI) to launch mining technology company Auto-mate. The company’s automation...
by Gordon Barratt | Sep 22, 2020 | News
West Musgrave processing facility and infrastructure. Image: OZ Minerals. Cassini Resources shareholders have approved OZ Minerals’ bid to acquire the company three months after the deal was announced. OZ Minerals already owns 70 per cent of Cassini’s West Musgrave...
by Gordon Barratt | Sep 22, 2020 | News
Image: New Hope Group New Hope Group forecasts that 500 jobs could be created, and a further 125 jobs saved, if the New Acland coal mine in Queensland finally wins a stage three approval. New Acland made 150 workers redundant in September following legal disputes that...
by Gordon Barratt | Sep 22, 2020 | News
The Montana Coal Council has announced that coal production across the state fell during the coronavirus pandemic, wearing on an already declining market. Montana mines produced 15.1 million tons of coal in the first seven months of the year, 21% down compared to the...
by Gordon Barratt | Sep 22, 2020 | News
General Electric Company said on Monday it plans to stop making new coal-fired power plants, as the U.S. industrial conglomerate focuses more on renewable sources of power generation.GE said it would continue to invest in in its core renewable energy and power...
