Minnesota to cancel leases for Mesabi Metallics’ mine near Nashwauk

Mining News Pro - The Minnesota Department of Natural Resources (DNR) is reportedly terminating the leases for the stalled Mesabi Metallics taconite mine on the Iron Range, after the company failed to meet deadlines imposed by the state.

Where does Australia’s metallurgical coal go?

Mining News Pro - A Minerals Council of Australia (MCA) report has revealed that more than 60 per cent of the world’s seaborne coal exports come from Australia, with second place hardly keeping its head above water.

Copper holds near $10 000 as China’s return puts focus on demand

Mining News Pro - Copper hovered around $10 000 a metric ton as the return of Chinese investors from a three-day break put the spotlight on the strength of demand in the world’s top consumer.

Coronado completes first part of placement

Mining News Pro - Coal producer Coronado Global Resources has completed the institutional component of its 1-for-4.73 pro-rata accelerated non-renounceable entitlement offer, raising $87-million.

Shareholders call on Standard Bank to table advisory resolution on climate risk

Mining News Pro - Three Standard Bank asset manager shareholders, together with shareholder activist organisation Just Share, have co-filed a nonbinding advisory shareholder resolution ahead of the bank’s annual general meeting (AGM) on May 27.

Fire halts Sino Iron processing

Mining News Pro - CITIC Pacific Mining (CPM) has resumed production at the Sino Iron mine in Western Australia after a fire suspended activities at the Pilbara site yesterday.

What a smooth transition away from coal in the US could look like

Mining News Pro - For the US to move away from coal, it is important to leverage the social cost of carbon as a tool for making key government decisions about coal mining and cleanup while remaining mindful of environmental justice and coal communities as the transition to other sources of electricity pans out.

BHP’s Mt. Arthur bind illustrates mining’s coal dilemma

Mining News Pro - As BHP Group looks at options to spin off or sell its thermal coal assets, the miner is facing pressure from climate-conscious investors who want divergent paths and that’s even before getting to the tough task of finding a buyer.

Fortescue power iron ore mines with Pacific Energy

Mining News Pro - Fortescue Metals Group has contracted Pacific Energy to build Western Australia’s largest network integrated battery energy storage system (BESS).

Fortescue reaches comparable shipment record

Mining News Pro - Fortescue Metals Group has matched last year’s March quarter for record iron ore shipments as it capitalised on strengthening prices for the commodity.

Clive Palmer coal project hits roadblock

Mining News Pro - The Queensland Department of Environment and Science has knocked back Mineralogy’s proposed Central Queensland coal project near Great Barrier Reef.

BHP, Evolution choose K2fly solutions

Mining News Pro - BHP has ordered an initial proof of concept for Decipher’s rehabilitation solution from K2fly for use at its Hunter Valley Energy Coal operations in New South Wales.

Rio Tinto expands drilling fleet with Epiro

Mining News Pro - Rio Tinto has ordered multiple drill rigs from Epiroc for use at its Pilbara iron ore mines in Western Australia.

GWR resilient in face of cyclone impacts

Mining News Pro - GWR Group has enjoyed haulage improvements in recent weeks, with the company expecting the June quarter to be a better reflection of its performance.

Brazil's Vale beats Q1 profit estimates

Mining News Pro - Iron-ore miner Vale SA beat first quarter profit estimates on Monday, with the Brazilian company boosted by a record performance in its ferrous minerals division.

Glencore to extend Mangoola coal mine

The New South Wales Government has given Glencore the green light to develop a new open cut mining area at the Mangoola open cut coal mine in the Hunter Valley.

Iron ore price hits record high fuelled by structural supply shortage

Mining News Pro - Iron ore prices jumped to a fresh high on Monday, fuelled by structural supply shortage.

Tahmoor coal mine secures 10-year extension

The New South Wales Government has approved SIMEC Mining’s expansion plan for the Tahmoor coal mine which will see an 33 million tonnes mined over an additional 10-year mine life.

Brazil court flags rupture risk at Vale’s Norte Larajeiras dam

Mining News Pro - The Brazilian Superior Court of Justice (STJ) ruled on Thursday to reestablish a decision that prevents the resumption of activities in the Norte Larajeiras dam, owned by Vale, in Minas Gerais state.

Nedbank makes pioneering ‘zero fossil

South Africa’s Nedbank Group released an ambitious new energy policy on April 22, containing a commitment to reduce its exposure to all fossil fuels to zero by 2045, as well as a pledge to halt all new thermal coal-mine financing by January 1, 2025.

NSW Govt blocks Gunnedah Basin coal project

Mining News Pro - The New South Wales Government has paid China Shenhua Energy Company (CSEC) $100 million after withdrawing its mining lease application for the Shenhua Watermark coal project in the Gunnedah Basin.

Anglo American opens Grosvenor to workers

Mining News Pro - Anglo American workers have started to re-enter the Grosvenor underground coal mine in Queensland for the first time since activities halted following an incident in May 2020.

Vale's Mangaratiba iron-ore terminal shut down

Mining News Pro - A Vale iron-ore terminal in Mangaratiba in the state of Rio de Janeiro has been closed because of potential environmental problems, according to a statement issued by Brazilian authorities.

Projects aimed at mitigating concrete’s carbon footprint receive $7.5mln award

Mining News Pro - Two projects, one Canadian and one American, aimed at mitigating the carbon footprint of concrete were awarded $7.5 million each after being selected as the winners of the NRG COSIA Carbon XPRIZE, a five-year competition organized by nonprofit organization Xprize.

Record output for BHP's iron-ore ops

Mining News Pro - Mining major BHP has reported record production from its Western Australian iron-ore operations during the nine months to March, despite a 4% fall in production during the March quarter on the back of wet weather and planned maintenance.

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