India is in talks with Canada's Teck Resources, the largest North American producer of coking coal used to make steel, for long-term purchase agreements after a cyclonic disruption in Australia cut supplies earlier this year.
ASX-listed Amani Gold has revealed details of a A$25-million investment from Hong Kong-based Luck Winner Investment, after the two parties inked a binding subscription agreement.
ASX-listed Tigers Realm Coal (TIG) has through a heads of agreement with its joint venture (JV) partners, taken over 100% ownership at the Amaam North coking coal project, in far east Russia.
Poland's State-run PGG, one of the biggest coal mining firms in the European Union, said on Friday it had reduced its 2017 coal production target by 2-million tonnes to about 32-million.
ASX-listed Mount Gibson Iron has agreed to a A$64.3-million cash settlement with its insurers for business interruptions suffered as a result of the failure of the Koolan Island Main Pit seawall, in Western Australia, in October 2014.
The Department of Mineral Resources has approved the transfer of the Lesedi mining right from South African subsidiary International Ferro Metals Limited (IFMSA) to Samancor Chrome, London-listed International Ferro Metals (IFM) said on Thursday.
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Operations along Transnet’s Richards Bay coal line (RBCL) have been suspended, owing to ongoing violent community protests across KwaZulu-Natal. The State-owned company on Thursday said the step was taken to curb potential losses to the local economy, with Transnet working closely with customers to ensure minimal disruption.
Aim-listed Galileo Resources has executed a two-year term sheet with its joint venture partner Fer-Min-Ore (FMO) to advance the pursuit of a mining right for the Glenover phosphate/rare earth project, in Limpopo.
To accelerate the development of its Poland-based Debiensko hard coking coal project and advance preconstruction engineering works at its Jan Karski mine, dual-listed Prairie Mining has secured $2-million in funding from its cornerstone investor CD Capital Natural Resources Fund.