by Gordon Barratt | Dec 17, 2020 | News
South Africa’s Standard Bank will not fund any new coal-fired power plant projects, but will continue to provide finance to thermal coal mining projects and companies if they meet certain criteria, it said on Thursday. Climate activists have been pressuring Standard...
by Gordon Barratt | Dec 17, 2020 | News
POSCO, the world’s fifth-largest steelmaker by output, said it has agreed to buy a 15 percent stake in Black Rock Mining for US$7.5 million. The deal will pave the way for POSCO to secure graphite fines, a material required to make anodes, according to the...
by Gordon Barratt | Dec 16, 2020 | News
Caterpillar has built the 2021 Cat 7495 electric rope shovels (ERS), combining multiple upgrades to improve operating efficiency by 10 per cent. Drawn from Caterpillar’s 100-plus years’ experience in rope shovel design, the company has included enhancements including...
by Gordon Barratt | Dec 16, 2020 | News
Anglo-Australian mining giant Rio Tinto sparked outrage after destroying Indigenous rock shelters at Juukan Gorge in Australia’s ore-rich Pilbara region in May Aboriginal landowners have called for a “reset” in Australia’s lucrative mining...
by Gordon Barratt | Dec 16, 2020 | News
The Iron Ore Company of Canada (IOC) and College of the North Atlantic (CNA) have signed a memorandum of understanding (MoU) to collaborate on the development of new skills aligned with the latest advancements in mining technology. The Rio Tinto subsidiary will invest...
by Gordon Barratt | Dec 16, 2020 | News
Tenaga Nasional Bhd (TNB) said its major coal-fired power plants’ power purchase agreements are expiring “with no like-to-like replacement” and that the government-controlled utility’s coal-fired power plant revenue contribution will not exceed...
