by Gordon Barratt | Nov 12, 2020 | News
Brookfield Asset Management BAMa.TO plans to raise at least A$656 million ($477 million) in the initial public offering of its Australian coal export terminal in which it will sell a 51% stake, according to a term sheet seen by Reuters. The company, Dalrymple Bay...
by Gordon Barratt | Nov 12, 2020 | News
The world’s largest coal producer, Peabody Energy is at risk of going bankrupt for the second time in five years. It’s all a function of the demand for coal, especially now during the coronavirus. But the potential trouble is indicative of something much bigger — the...
by Gordon Barratt | Nov 12, 2020 | News
Metals processing company Jubilee Metals Group’s total revenue for the financial year ended June 30 increased by 132%, to R1.1-billion. The company, which has chrome and platinum group metals (PGMs) operations in South Africa and a lead, zinc and vanadium project in...
by Gordon Barratt | Nov 12, 2020 | News
Exploration and development company Bluejay Mining’s share price surged 20% on the London exchange on Tuesday, as the company announced a joint venture and earn-in agreement with Rio Tinto at Enonkoski project, in Finland. In terms of the agreement, Rio Tinto could...
by Gordon Barratt | Nov 11, 2020 | News
Newcrest Mining’s Cadia mine. Newcrest Mining is optimistic about the outlook of its project pipeline, including the Havieron project in Western Australia and Cadia expansion in New South Wales. In its 2020 annual general meeting (AGM), Newcrest stated it has...
by Gordon Barratt | Nov 11, 2020 | News
Japanese engineering giant Toshiba Corp will not build any more coal-fired power plants and will shift to renewable energy in a bid to reduce greenhouse emissions, company president Nobuaki Kurumatani said yesterday. However, none of its existing coal-power...
