Asia’s coal mining revival doesn’t mean the energy crisis is over

Mining News Pro - A crunch on coal production from key hubs in China and India is beginning to ease, but that won’t be enough to halt Asia’s energy crisis.

Europe's carmakers face raw material bottleneck for EV batteries

Mining News Pro - Major carmakers like Volkswagen, Daimler and Stellantis have been racing to secure battery cell supplies in Europe, but may face a bigger challenge as they seek to go electric - finding enough battery raw materials.

Harmony re-engineering portfolio, deleveraging balance sheet, creating optionality

Mining News Pro - Harmony Gold is at a very exciting point as it pivots in a new portfolio-enhancing direction and sheds costs at the same time, says Harmony investor relations head Jared Coetzer.

Saudi mining plan gets $3 billion EV boost from Australian firm

Mining News Pro - An Australian company plans to invest $3 billion in Saudi Arabia in a bet on the metals used in batteries for electric vehicles.

US coal use is rebounding under Biden like it never did with Trump

Mining News Pro - Donald Trump vowed to revive the coal industry, but it’s President Joe Biden who’s seeing a big comeback of the dirtiest fossil fuel.

Minerals Council South Africa developing 2050 Net Zero Action Plan

Mining News Pro - The Minerals Council South Africa is developing a Net Zero 2050 Action Plan and pathway towards achieving the goal of net zero greenhouse-gas (GHG) emissions.

Evolution Mining divests Mt Carlton for up to $65 million

Mining News Pro - Australia’s Evolution Mining is selling its Mt. Carlton gold mine in Queensland to Navarre Minerals in a deal worth up to A$90 million ($65 million).

BHP joins EV battery alliance

Mining News Pro - iversified miner BHP on Monday announced that it had inked a memorandum of understanding (MoU) with hybrid battery producer Prime Planet Energy & Solutions (PPES) and Toyota Tsusho Corporation (TTC) for the creation of a green electric vehicle (EV) ecosystem that will enhance sustainability, recyclability and traceability.

Capital formation constraints could ultimately stunt EV revolution

Mining News Pro - The rapid onset of the green energy revolution could be stunted by pervasive structural issues in the finance sector spilling over to mining. It hinders capital formation, especially for junior mineral explorers, CPM Group managing partner Jeffrey Christian recently told The Northern Miner’s Global Mining Symposium.

AusIMM scholarships help develop future leaders

Mining News Pro - Australian students with a passion for the mining sector are urged to apply for the Australian Institute of Mining and Metallurgy’s (AusIMM) 2022 Education Endowment Fund (EEF) scholarships.

Iron ore price back above $100 after Evergrande debt deal

Mining News Pro - Iron ore price jumped on Wednesday after China Evergrande Group said it reached an agreement with yuan bondholders on an interest payment.

Iron ore makes unruly retreat to more normal price levels

Mining News Pro - Just as iron ore’s surge to a record high in May was an overblown rally, its plunge last week was a disorderly retreat, with neither move fully justified by the fundamentals of supply and demand.

Copper price at 1-month low on global sell-off as Evergrande crisis intensifies

Mining News Pro - Copper prices fell to one-month lows on Monday as traders tracked the risk of contagion from the debt crisis at developer Evergrande, which is fueling new fears about China’s growth path.

Austin Engineering inks first-ever deal with NRW

Mining News Pro - Austin Engineering will provide truck bodies to NRW Holdings’ Civil and Mining division and Perenti Global as part of new contracts between the companies.

Importance of development in HOSCO

Mining News Pro - Hormozgan Steel evaluation meeting was held virtually with the presence of the CEO, deputies, managers of Hormozgan Steel and evaluators of Mobarakeh Steel.

Global passenger EV registrations more than double in a year

Mining News Pro - New registrations of global passenger electric vehicles (EVs) surged by 109% year-on-year during the first six months of 2021, Adamas Intelligence has found in a new report.

Sibanye-Stillwater buys half of ioneer’s Nevada project for $490m

Mining News Pro - New York-listed miner Sibanye-Stillwater is investing $490-million in a lithium/boron mining project in Nevada, US, as it steps up its presence in the battery materials supply chain.

EV sales to reach 5m units in 2021 with trucks, boats entering the race

Mining News Pro - In a recent analysis, IDTechEx acknowledged that, back in 2011, its ‘bullish’ forecasts of 1.5 million new EVs hitting the roads by 2021 were a massive underestimation as, ‘once the future arrived,’ sales of electric vehicles are on track to surpass five million units this year — counting only passenger cars.

Epiroc rig reveal adds muscle above and below ground

Mining News Pro - Epiroc has released a raft of new equipment, including the Pit Viper 291 drill rig and two Boltec rock reinforcement drill rigs, the M10 and the E10.

Komatsu achieves landmark autonomous haulage milestone

Mining News Pro - More than four billion tonnes of material has been moved by Komatsu’s FrontRunner Autonomous Haulage System, marking a significant milestone for the company and the mining industry.

Angola’s modest oil output goal reveals a truth on global supply

Mining News Pro - Want proof of how hard it is for some oil-producing countries to lift supply? Look no further than the west African nation of Angola.

German researchers develop record-breaking lithium metal cell

Mining News Pro - A new study published in the journal Joule makes the case for a record-breaking lithium metal battery that offers extremely high energy density of 560 watt-hours per kilogram — based on the total weight of the active materials — with remarkably good stability.

Uranium price hits highest level since 2015 as Sprott buys up physical supply

Mining News Pro - The uranium price has surged to the highest level since 2015 due in part to a single fund aggressively cornering the physical market.

De Beers seventh sales cycle revenue amounts to $515m

Mining News Pro - Diamond miner De Beers sold an estimated $515-million of rough diamonds during its seventh sales cycle of the year.

Gold contributing towards effots to achieve UN SDG 3

Mining News Pro - The gold industry is committed to supporting the achievement of the UN Sustainable Development Goals (SDGs), but the Covid-19 pandemic has severely impacted the progress being made towards achieving the SDGs, the World Gold Council (WGC) notes.

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