by Gordon Barratt | Mar 23, 2021 | News
Sulzer is launching a major investment project to digitalize and automate the assembly, test bed and painting processes in its Finnish factory in Kotka, located 130 km east of Helsinki. With the enhanced automation of production processes, Sulzer will improve...
by Gordon Barratt | Mar 23, 2021 | News
Canadian gold explorer Novo Resources Corporation has exercised its joint venture (JV) with ASX-listed Kalamazoo Resources to earn a 50% in that company’s Queens gold project, in Victoria. Under the terms of the JV agreement, Novo has paid Kalamazoo A$2-million to...
by Gordon Barratt | Mar 23, 2021 | News
ASX-listed Strike Resources has announced plans to spin-out its lithium and graphite assets through listing its subsidiary Lithium Energy on the ASX. Lithium Energy, which will own a 90% interest in the Solaroz lithium project, in Argentina, and the Burke graphite...
by Gordon Barratt | Mar 23, 2021 | News
New Hope’s interim profit has plunged to a loss of $55 million for the six months to January 31 as the cost of delays on its Acland expansion added to almost $90 million. New Hope’s profit has dived because of costs associated with AclandThe Brisbane coal...
by Gordon Barratt | Mar 23, 2021 | News
A years-long push by lawmakers to help revive Tennessee’s nearly dormant coal mining industry is going to cost taxpayers. It’s a new challenge that could complicate an already tenuous process. Since losing the ability regulate its own coal mining industry...
by Gordon Barratt | Mar 22, 2021 | News
Photo by Bloomberg Euro Manganese will raise C$29-million in a private placement to accelerate work at its Chvaletice manganese project, in the Czech Republic. The company is offering 50-million chess depositary interests (CDIs) each representing one share at a price...
