The union of supervisors at state miner Codelco's Gabriela Mistral mine in northern Chile has rejected the company's final offer for a new collective labor agreement, raising the specter of a strike in the coming days, the union president told Reuters on Tuesday.
Coal developer Atrum Coal could consider an accelerated development at its Elan coal project, in Alberta, in Canada, after adding a further 201-million tonne of resource to the project.
Motorists have been warned to avoid certain areas of the Johannesburg CBD on Tuesday morning, due to a march by the Association of Mineworkers and Construction Union (AMCU).
ASX-listed Universal Coal is on track to achieve forecast earnings before interest, taxes, depreciation and amortisation (Ebitda) guidance of A$93-million for the 2019 financial year.
Botswana-focused MOD Resources went into a trading halt on the ASX on Monday after Australian copper miner Sandfire Resources confirmed that it had approached the junior to express its interest in exploring a potential merger.
Responding to media reports overnight, Sandfire said that the potential combination had been on the basis of A$0.38 a MOD share.
Coal developer Cokal has singed a non-binding heads of agreement with Vietnam’s An PhatLoc General Trading Co to jointly develop shallow draft barging on the Barito River to transport coal from the PT Bumi Barito Minerals (BBM) project area, in Indonesia.
Diversified junior Moreton Resources has instigated talks with funders with the aim of restructuring is debt while maintaining talks with possible buyers.
Germany is expected to import 45-million tonnes of hard coal this year, up roughly 1.4% from 2018 despite mounting competition from renewable energy, as the closure of domestic mines reduces domestic supply, importers said on Friday.
Australia-headquartered Prairie Mining, which focuses on coal projects in Poland, said on Friday that, as a foreign investor, it faced discriminatory treated in Poland, as its tussle with the Ministry of Environment (MoE) over the Debiensko mining concession dragged on.
Russian conglomerate En+ Group on Friday named three Americans who will form a voting trust to help Oleg Deripaska reduce his stake in the company in exchange for a waiver from US sanctions.
Deripaska has agreed to reduce his stake in London-listed En+ to 44.95% from 70% and assign any voting rights above 35% to a voting trust.