US coal miners Peabody and Arch Coal on Wednesday announced that they would combine their Powder River Basin and Colorado assets in what they describe as a “highly synergistic” joint venture (JV) aimed at strengthening the competitiveness of coal against natural gas and renewables.
Emerging gold miner Monarch Gold has signed a binding letter of intent for the acquisition of the Fayolle property from Hecla Quebec, formerly known as Aurizon Mines (Hecla), and Typhoon Exploration.
The Fayolle property consists of 39 claims, covering an area of 1 373 ha in the Aiguebelle and Cléricy townships.
President Donald Trump is scaling back sweeping Obama-era curbs on greenhouse gas emissions from power plants burning coal, his biggest step yet to fulfill his campaign promises to stop a “war" on the fossil fuel.
Chilean miner Codelco has presented a sweetened contract offer to workers in a bid to end a five-day strike at its key Chuquicamata copper mine, two people with direct knowledge of the negotiations told Reuters on Tuesday.
One person, an employee of mining contractor Stefanutti Stocks Mining Services, has died after sustaining injuries in a vehicle incident at coal miner Wescoal's Vanggatfontein mine on Monday night. The Department of Mineral Resources and Energy is investigating the circumstances surrounding the incident.
Battery metals streaming company Cobalt 27 Capital has agreed to be bought by private equity firm Pala Investments in a deal that values the TSX-V-listed company at C$501-million.
ASX-listed Paringa Resources has achieved record productivity rates at its Poplar Grove mine, in western Kentucky, where underground activities are undertaken by the first mining unit (Unit 1), comprising two continuous mining machines (CMs).
Ahead of Tuesday's deadline for Barrick Gold Corp to make a firm buyout bid for its Acacia Mining unit, a gold rally has eroded, but not eliminated, a discount and big Acacia shareholders say they still oppose the offer.
ASX-listed Allegiance Coal will raise A$2.6-million through a share placement priced at 7.5c a share.
The company on Friday said that it would place more than 35.3-million shares to institutional investors, to fund its working capital requirements at its Tenas metallurgical coal project, in Canada.
Gold miner Saracen Mineral Holdings on Friday made a A$38.2-million all-scrip takeover offer for fellow-listed Bligh Resources, prompting the takeover target to withdraw an entitlement offer to raise up to A$2.8-million.