by Gordon Barratt | Jun 11, 2020 | News
A few nights ago Britain passed a milestone: it was two months since a coal plant anywhere in the country fed any electricity into the national grid. You have to go back to the 1880s for the last time this occurred – to 1882, to be precise, when a single coal-fired...
by Gordon Barratt | Jun 10, 2020 | News
BHP’s Olympic Dam mine. Source: BHP Copper has risen to a three-month high of $US5700 ($8193) per tonne this week in a sign the base metal is bouncing back from its COVID-19 slump. The outright price of the commodity on the London Metal Exchange closed at $5774...
by Gordon Barratt | Jun 10, 2020 | News
The shareholders of gold miners Alacer Gold and SSR Mining will meet on Thursday to vote on a C$2.4-billion merger. Under the transaction, Alacer shareholders would receive 0.3246 SSR Mining shares for each Alacer share held, implying a consideration of C$8.19 a...
by Gordon Barratt | Jun 10, 2020 | News
A quarry site in Jabana, Gasabo District. The slowdown in mining and mineral trading has prompted the Government to devise new strategies to boost the sector and put it on a path to speedy recovery from the Covid-19 impact. / Photo: Julius Bizimungu. A set of...
by Gordon Barratt | Jun 10, 2020 | News
The federal government of Nigeria has commended Heritage Bank for being part of a valuable private sector collaboration with Dukia Gold & Precious Metals Refining Co. Limited, saying the partnership will create new opportunities for Nigeria to grow its potential...
by Gordon Barratt | Jun 10, 2020 | News
China’s coal mining hub Shanxi will shut down all small-sized coal mines, with annual capacity below 600,000 tonnes, in the province by the end of 2020, the provincial authorities said in a statement. The northern province is China’s second biggest coal mining region...