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Buffalo Coal subsidiary granted 30-year mining right

Buffalo Coal’s 70%-owned subsidiary, Zinoju Coal, has been granted a 30-year mining right to mine coal primarily from the Aviemore North Adit reserves, in Dundee, in South Africa’s KwaZulu-Natal province. Zinoju holds a 100% interest in the Aviemore...

A Comeback for Coal?

Beginning late in August, two coal mining stocks have added around 60% to their share prices. Arch Coal Inc. (NYSE: ARCH) and Peabody Energy Co. (NYSE: BTU) have jumped by 64% and 58%, respectively, since August 20. The higher share prices reflect higher prices for...

MAXAM ANNOUNCES A NEW LARGE HAULAGE TIRE – THE MS453

MAXAM is excited to present the all-new MS453 53/80R63 open pit mining tire to their range of large mining tires. Manufactured in MAXAM’s state-of-the-art radial tire facility, the MS453 is developed through the use of cutting-edge engineering and groundbreaking...

Tesla to mine own battery metals

Tesla has revealed at its Tesla Battery Day that the company is planning to break into the battery metals mining business. Tesla founder and chief executive Elon Musk and manufacturing industry executive Drew Baglino said that the company had acquired the rights to a...

IGO on path to mine electrification

A Bortana electric vehicle. IGO has collaborated with Barminco to complete a pilot of a battery electric light vehicle (BELV) at its Nova operation in Western Australia. The company selected a Safescape Bortana BELV, which was built on the chassis of a diesel-powered...