Polish government drops coal merger idea
Polish government is abandoning plans to separate coal-fired power plants into a special company and is considering merging them with mines, said Industry Minister Marzena Czarnecka in a interview published on Wednesday in Rzeczpospolita daily.
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Visit: 67
Eramet reaches agreement to continue SLN’s New Caledonia operations
French mining group Eramet said on Wednesday it had reached an agreement with the French government to continue its subsidiary SLN’s mining operations in New Caledonia’s Northern Province.
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Visit: 46
Fortescue partners with OCP Group for green energy development in Morocco
Australia’s Fortescue said on Monday it would form a joint venture with OCP Group to supply green hydrogen, ammonia and fertilizers to Morocco, Europe and international markets, as the iron ore miner looks to transform itself into a green energy superpower with a global footprint.
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Visit: 64
The ritual of tree planting and the beginning of the afforestation project of Gol Gohar Iron and Steel Development Company
Mining News Pro - The ceremony of commemorating the tree planting day and the beginning of the afforestation project and the improvement of the green space of Gol Gohar Iron and Steel Development Company was held this morning by planting a tree in this company.
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Visit: 61
The currency required for the development plans of the National Iranian Copper Industry Company will be provided
Mining News Pro - The CEO of the National Iranian Copper Industries Company announced the supply of foreign currency needed for the development plans of this company with the aim of increasing exports to 4 billion dollars per year and said: This support is in the form of 6 currency packages with a total value of 5.6 billion euros in a period of 4 years by the bank.
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Visit: 71
US, EU set to miss critical minerals agreement this week
A US and European Union push to reach an accord on fostering critical mineral supply chains is set to miss another target this week, according to people familiar with the discussions.
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Visit: 61
Vale divestment in Indonesian nickel unit expected to finish in July
Indonesia’s mining minister on Wednesday said divestment of Vale Canada Ltd and Sumitomo Metal Mining Co. Ltd’s shares in their nickel miner unit Vale Indonesia is expected to conclude in July.
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Visit: 71
Canada introduces tougher security reviews of foreign investments
Canada has introduced tougher national security reviews of proposed foreign investments in sensitive sectors to enable it to quickly spot potentially problematic deals, the government said on Wednesday.
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Visit: 81
Chile needs to finalize more lithium plan details to spur investment
The Chilean government’s new plan to usher in private investment at a number of the country’s lithium salt flats may stumble over unresolved details that will raise concerns for investors, mining executives and analysts said on Wednesday.
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Visit: 32
Congo, Chinese partners sign reviewed Sicomines copper-cobalt joint venture agreement
Democratic Republic of Congo and Chinese investors on Thursday signed an agreement reached in January that revises some terms of their Sicomines copper and cobalt joint venture, Congo’s Infrastructure Minister Alexis Gisaro Muvunyi said on Thursday.
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Visit: 81
Pilbara Minerals signs offtake agreement with China’s Sichuan Yahua
Pilbara Minerals said on Tuesday it has signed an agreement with Sichuan Yahua Industrial Group for the supply of spodumene concentrate from the lithium miner’s Pilgangoora operation in Western Australia.
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Visit: 63
AI can potentially estimate global environmental destruction due to road development for mining
Recent tests of an AI system showed that it can detect how poorly regulated road development for mining, logging and land clearing is triggering dramatic increases in environmental disruption.
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Visit: 71
Sprott Asset Management launches copper miners ETF
Sprott Asset Management has launched a Copper Miners exchange-traded fund (ETF), with Freeport-McMoRan, Antofagasta and Southern Copper Corp as its top holdings by weight, it said on Wednesday.
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Visit: 67
O3 Mining wins 2024 PDAC Sustainable Development Award
Québec-focused gold junior O3 Mining (TSXV: OIII) has been named winner of the 2024 PDAC Award for Sustainable Development, considered one of the most prestigious recognitions in the Canadian exploration sector.
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Visit: 66
Chinese outbound investment in EVs likely set new record in 2023
Chinese outbound foreign direct investment along the electric vehicle value chain likely set a new record in 2023, a report from Rhodium Group showed, as western economies step up scrutiny of China’s production-focused, debt-driven development model.
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Visit: 80
Nickel faces existential moment with half of mines unprofitable
Many of the world’s biggest nickel mines are facing an increasingly bleak future as they wake up to an existential threat: a near limitless supply of low-cost metal from Indonesia.
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Visit: 86
Bitcoin ETFs test investor commitment to gold-backed paper
A surge of interest in bitcoin exchange-traded funds is prompting some investors to swap out holdings in gold-backed ETFs, although analysts and fund managers said they are unlikely to challenge bullion longer term.
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Visit: 103
First Quantum re-shuffles management at Zambian operation
First Quantum Minerals Ltd (FQM) is re-shuffling top-tier personnel at its Zambian operations in a bid to tackle production and safety shortfalls in the South African country, an internal memo seen by Reuters showed.
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Visit: 99
Vale sees no indication of environmental breach at suspended mines
Brazilian miner Vale does not see signs of environmental or social breach at two of its mines whose operating licenses were suspended this week, Vale Base Metals chair Mark Cutifani said on Friday.
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Visit: 95
SolGold saves $1bn in Cascabel upfront cost with phased mine development
SolGold has managed to slash the upfront cost of the 100% owned Cascabel project in Ecuador while the company continues to explore the potential sale of its flagship copper-gold property. A new pre-feasibility study (PFS) released Friday showed a sizeable reduction in the initial capital cost, highlighted by over $1 billion in savings.
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Visit: 119
Indonesia, Vale agree price for divestment, minister says
Indonesia and Vale Base Metals have concluded negotiations and agreed to a price for the portion of shares the miner will sell in its Indonesian unit, the mining minister said on Friday.
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Visit: 81
BHP supports women and children in need
BHP has shown up to support vulnerable women and children with a $CAD500,000 ($571,050) donation to the YWCA Saskatoon Hope Lives Here campaign.
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ESCO is a role player in Iran’s development
Mining News Pro - Referring to the role of this company in the development of the country, the CEO of ESCo said: In line with their social responsibility, the efforts of this huge industrial complex, especially in the conditions of sanctions, imported and localized the technology and know-how of rail production so that today Zob Ahn can produce the rails required for all projects. supply the country's railway.
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Visit: 52
Portuguese prosecutors seek to annul environment permit for Savannah lithium mine
Portuguese prosecutors have asked a judge to annul an environment permit for a lithium mining project being developed by London-based Savannah Resources, alleging various legal infringements, a court document seen by Reuters showed.
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Visit: 102
Khuzestan Steel is the pioneer in development of the Iran's steel industry
Mining News Pro - Chief executive of Khuzestan Steel Company says that the company is the narrator of the development and evolution of the industry and it was put into operation with a capacity of one million and 500,000 tons.
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Visit: 42