Magnis finds funds for NY plant
Graphite and lithium-ion battery hopeful Magnis Energy Technologies will raise A$34-million through a share placement to fast-track the development of its battery plant in New York.
ASX-listed Neometals on Friday announced that its joint venture (JV) with SMS group GMbH, Primobi
Junior Tasman Resources on Friday announced plans for a A$4.8-million capital raise to fund explo
ASX-listed ioneer has raised A$80-million in a fully underwritten institutional placement.
Steps involving the use of two ports rather than one, longer trains and increased rail wagon payl
A US judge on Wednesday quashed a bid to widen the scope of a civil lawsuit by the US Securities
The Foreign Investment Review Board (FIRB) has approved Korean major POSCO’s $7.5-million investm
The board of diversified mining company African Rainbow Minerals (ARM) has approved the Merensky
The major challenge of the mining industry is the imperative of growth, African Rainbow Minerals
ASX-listed Armour Energy on Wednesday announced plans for a demerger and separate ASX listing for
Former Eskom CEO Brian Molefe has told the Judicial Commission of Inquiry into State Capture that
Despite Covid-19-related global economic challenges and uncertainty, African Rainbow Minerals (AR
Diversified miner Glencore says the suggestion that it had involved President Cyril Ramaphosa, wh
JSE-listed coal miner Wescoal has advised that RBFT Investments has extended the timeframe of its
The federal government’s A$50-million Carbon Capture, Use and Storage Development Fund has offici
Deals among cashed-up mining companies are poised to pick up once lingering uncertainties from th
Barrick Gold CEO Mark Bristow said on Monday that a combination with copper miner Freeport McMoRa
China’s use of coal in its energy mix continued to decline in 2020, but more aggressive measures
Coal miner Resource Generation (Resgen) reports that Phase 1 of its two phase strategic review th
A class action against a coal mine extension that begins on Tuesday could make it more difficult
Even as US coal production continues to slide, and domestic consumption is cut, it emerged that t
Graphite and lithium-ion battery hopeful Magnis Energy Technologies will raise A$34-million through a share placement to fast-track the development of its battery plant in New York.
A Russian court ruled that MMC Norilsk Nickel should pay 146-billion rubles ($1.95-billion) in compensation for an Arctic fuel spill, RIA Novosti said, in line with a demand by the nation’s ecological watchdog.
Diversified major Glencore has confirmed that it is relinquishing its mining rights in Colombia, after the National Mining Agency (ANM) last month declined Prodeco’s request for its coal mines to remain on care and maintenance.
Glencore says that it remains uneconomic to restart operations at Calenturitas and La Jagua, which were placed on care and maintenance in March last year.
Canada’s Silvercorp has announced the acquisition of the La Yesca silver project, in Mexico, and says it plans to list its New Infini subsidiary as an independent public company.
New Infini has acquired a 100% interest in Infini for $9.25-million in cash and a 45% interest in New Infini shares to arm’s length vendors. Infini is a Mexico company that owns the La Yesca project.
The New South Wales Independent Planning Commission (IPC) has pushed back on diversified miner South32’s planned extension of its Dendrobium coal mine.
The A$956-million extension project would see an additional 78-million tonnes of run-of-mine coal recovered from two new areas, Areas 5 and 6, comprising 21 long wall panels, and would extend the mine life until the end of 2048.
The South African Department of Mineral Resources and Energy has granted ASX-listed MC Mining the remaining mining right for its Mopane coking and thermal coal project, in Limpopo.
Junior Volt Resources has signed a term sheet to potentially acquire a 70% interest in the Zavalievsky graphite business, in the Ukraine.
Zavalievsky is a long life graphite operation that has been operational for 87 years, and currently produces around 250 000 t/y of crushed granite for road construction and concrete manufacturing.
The group trying to take KAZ Minerals private said on Thursday that it has raised its bid for the copper miner by 22%, as it tries to win round minority shareholders who rejected the earlier proposal for being too low.
ASX-listed Core Lithium will raise A$40-million in a share placement to global institutional investors to help advance the development of its Finniss lithium project, in the Northern Territory.
As the UK prepares to host the next round of major global climate talks in November, Prime Minister Boris Johnson’s government has adopted the most ambitious emissions-reduction goal among large economies.