Sigma Lithium’s chief controls officer exits company in latest shake-up
Sigma Lithium’s chief controls officer (CCO) Raphael Dias has left the company, he told Reuters on Friday, in the latest management shakeup at the Vancouver-based miner.
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Fortescue brushes aside worries, says exits show resolute board
Mining News Pro - Executives at Fortescue Metals Group Ltd., who have held a series of investor meetings following a string of high-level departures, have brushed aside governance concerns and said shareholders welcomed the swift action
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Anglogold Ashanti shareholders approve South Africa exit
Mining News Pro - Anglogold Ashanti shareholders on Friday voted in favour of the miner’s plans to switch its primary listing from Johannesburg to New York, the company announced, clearing the way for its exit from South Africa.
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Anglogold Ashanti shareholders approve South Africa exit
Mining News Pro - Anglogold Ashanti shareholders on Friday voted in favour of the miner’s plans to switch its primary listing from Johannesburg to New York, the company announced, clearing the way for its exit from South Africa.
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Teck planning full exit from coal business, in event of partial sale will spin off remainder
Mining News Pro - Teck Resources (TSX: TECK-B) intends to completely exit its coal business, but in the event of only a partial sale, would spin off the remainder to ensure a clean break, a source familiar with the situation said.
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Colombian municipalities affected by exit of Glencore’s subsidiary demand smooth transition into non-mining activities
Mining News Pro - The mayors of five municipalities that fall within the Cesar mining corridor, in northern Colombia, have asked the Gustavo Petro government to gradually phase out mining operations and promote a smooth transition into another type of industry. This, instead of ordering an abrupt closure of all of the mines in the region.
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Canada orders three Chinese firms to exit lithium mining
China in response accused Ottawa of using national security as a pretext and said the divestment order broke international commerce and market rules.
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Rio Tinto exits state mining lobby amid climate rift
Mining News Pro - Rio Tinto, one of the largest Australian mining companies, on Thursday confirmed its exit from the state mining lobby group after raising concerns that its policy on expansion of coal mines did not align with the Paris Climate Agreement.
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BP to exit Rosneft stake and may take $25 billion hit
Mining News Pro - BP Plc moved to dump its shares in oil giant Rosneft PJSC, taking a financial hit of as much as $25 billion by joining the campaign to isolate Russia’s economy.
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Coal will exit Australia’s power market despite AGL’s recalcitrance
Mining News Pro - The bid by a green billionaire to buy Australia’s most polluting company may have stumbled at the first hurdle, but it’s likely the race is far from over.
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China doubles down on slower coal exit after COP26 spat
Mining News Pro - China extended its defense of coal’s future after diluting demands for action at the COP26 climate summit, insisting a transition away from the dirtiest fossil fuel must be gradual.
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Family who exited De Beers for $5 billion taps Asia’s rich
Mining News Pro - The family office for Nicky Oppenheimer and his son Jonathan has set up an outpost in Singapore to boost its Asia exposure and partner with the region’s wealthy.
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Rich nations head to South Africa seeking coal exit deal
Mining News Pro - Four of the world’s richest nations will send a delegation to South Africa as soon as next week to seek a deal to begin closing the country’s coal-fired plants, according to people familiar with the matter.
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Vale buys Mitsui’s stake in Moatize amid plan to exit coal
معدن نیوز -Vale SA has inked a deal to acquire Mitsui & Co’s stake in the Moatize metallurgical and thermal coal mine and port project in Mozambique, as the Brazilian miner works to exit the fossil fuel and become carbon neutral by 2050.
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Rio Tinto faces backlash over former CEO’s exit package
Mining News Pro - Rio Tinto is braced for an investor revolt after handing £7.2 million ($9.9m) to its former CEO Jean-Sebastien Jacques, who was forced to leave over the fallout of the destruction of sacred Aboriginal caves last year.
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Activist investor Pentwater takes aim at Turquoise, Rio boards over CEO exit
Mining News Pro - Activist investor Pentwater Capital Management on Friday condemned the surprise resignation of Turquoise Hill Resources` CEO following pressure from the Canadian miner`s top shareholder Rio Tinto.
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Activist investor Pentwater takes aim at Turquoise, Rio boards over CEO exit
Mining News Pro - Activist investor Pentwater Capital Management LP on Friday condemned the surprise resignation of Turquoise Hill Resources Ltd’s chief executive officer following pressure from the Canadian miner’s top shareholder Rio Tinto.
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Tropicana position strengthens amid IGO exit plans
Mining News Pro - IGO has surpassed its production and cost guidances for the December quarter at the Tropicana gold joint venture project in Western Australia.
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South African campaigners push for faster coal exit in presidential commission
Mining News Pro - As president Cyril Ramaphosa launches an initiative to deliver net zero emissions, campaigners prepare to confront trade unions over coal
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Itochu to exit thermal coal business by 2024
Mining News Pro - Itochu Corporation plans to start divesting its thermal coal mining assets in Australia from this year.
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Newcrest exits Tanami partnership
Mining News Pro - Newcrest Mining has withdrawn from its Euro gold project farm-in agreement with Prodigy Gold in the Tanami region of the Northern Territory.
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NZ PM to postpone Rio Tinto exit if re-elected
Mining News Pro - New Zealand Prime Minister Jacinda Ardern plans to delay the closure of Rio Tinto’s New Zealand Aluminium Smelter (NZAS) at Tiwai Point by three to five years if she gets re-elected.
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Anglo American flags thermal coal exit
Mining News Pro - Anglo American chief executive Mark Cutifani is mulling over the company’s exit from its South African thermal operations.
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Crop nutrients have double potential of coal being exited
Mining News Pro - Covid-19 notwithstanding, diversified mining company Anglo American will this year be spending the $300-million that it forecast on the Woodsmith polyhalite project in the UK, which gives it entry into the crop nutrients business at a time when fertilising is being hailed a godsend to ease global food security fears.
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Mine expansion threatens German villages despite coal exit
Mining News Pro - Germany is officially on course to abandon coal-fired power generation by 2038, with the government finalising its fiercely disputed "coal exit law" earlier this month.
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