Glencore unit pleads guilty to bribery in Africa

Mining News Pro - A British subsidiary of Glencore (LON: GLEN) formally pleaded guilty on Tuesday to the seven charges of bribery brought against the mining and commodities trader by the UK Serious Fraud Office (SFO), which relate to the firm’s oil operations in Africa.

New mapping method may lead to discovery of new geothermal energy

Mining News Pro - Researchers at the University of Twente developed a new method to analyze the earth’s continental crust, which lays the groundwork to predict geothermal energy sources and other critical resources in our and other planets.

BP to lead giant green hydrogen project in Western Australia

Mining News Pro - BP Plc acquired a stake in and will lead one of the world’s largest clean energy projects, which aims to supply green hydrogen from Australia to key markets including South Korea and Japan.

Bristow pleads with African miners to create ‘partnerships for prosperity’

Mining News Pro - A renewed focus on creating meaningful partnerships between miners, host communities and governments is quintessential to unlocking economic prosperity for African stakeholders, Barrick Gold CEO Mark Bristow told the audience at Investing in Africa Mining Indaba on Monday.

Suncor’s troubled mining unit gains new leader from LNG Canada

Mining News Pro - Suncor Energy Inc. tapped LNG Canada Chief Executive Officer Peter Zebedee to head its mining and upgrading operations as the oil sands producer grapples with a series of fatal accidents.

Hormozgan Steel is a leading company in developing projects

Mining News Pro - Chief executive of HOSCO said that during the last 7 months the company has experienced a good progress in developing projects.

Africa leading green hydrogen projects

Mining News Pro - African countries captured 11% of the globally announced 163 GW of green hydrogen projects during the past year.

Newmont declares industry-leading dividend

Mining News Pro - The board of the world’s largest gold miner, Newmont Corporation, has declared a fourth-quarter dividend of 55c per common share, maintaining its position as the highest dividend yield in the industry.

New discovery on liquid metal alloys may lead to high-efficiency electronics

Mining News Pro - A new paper in the journal Nature Synthesis presents the idea of a previously unidentified type of solidification pattern appearing on the surface of solidifying liquid metals.

Pure Gold aims to get Red Lake mine on track with leadership shakeup

Mining News Pro - Pure Gold Mining has put new leadership in place at its PureGold operation in Red Lake, Ontario, in order to get the mine to consistent production and profitability.

China will encourage listing of leading futures firms, to issue futures law

Mining News Pro - China will help leading futures companies to speed up their development and encourage qualified firms to be listed, the China Futures Association said in a statement, citing an official from the securities regulator.

Guinea junta leader names Savane to top mining ministry post

Mining News Pro - Guinea’s Interim President Col. Mamadi Doumbouya appointed Mohamed Lamine Sy Savane as secretary general of the Ministry of Mines and Geology, state-broadcaster Radio Television Guineenne said late Saturday.

What G-20 leaders agreed on coal, methane, net-zero

Mining News Pro - Climate negotiators at the COP26 summit were banking on the world’s most powerful leaders to give them a boost before they embark on two weeks of fraught discussions over who should do what to slow the rise in global temperatures.

LaRonde, Meliadine lead Agnico Eagle to record quarterly gold output

Mining News Pro - Agnico Eagle Mines has reported third-quarter net income of $114.5 million and a dividend of $0.47 per share. This represented a drop of about half from the third quarter of 2020 when net income was $222.7 million.

Vulcan Energy accused of misleading investors with positive PFS

Mining News Pro - Vulcan Energy Resources is alleged to have misled investors by issuing a positive pre-feasibility study (PFS) with key assumptions provided by consulting companies owned by management, according to a new report from US-based short-seller J Capital Research.

Bellevue leading push for greener gold

Mining News Pro - Bellevue Gold has set a carbon-neutral target for 2026, outlining multiple mining practices and renewable energy use to achieve its ambitious goals.

‘Very tight’ copper belies market turmoil, industry leader says

Mining News Pro - As investors weigh swirling macro-economic factors, market fundamentals for copper — a key metal in global construction and transportation — remain solid, according to an industry veteran.

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.

Queensland leaders forced to focus on workers

Mining News Pro - Queensland’s resources sector has rated skilled employee retention as a top priority, just 12 months after it was bottom of the list for most industry leaders, a new report shows.

Industry leaders challenge electric mine design

Mining News Pro - Major miners including OZ Minerals, IGO, South 32, Blackstone Minerals and Evolution Mining have launched the Electric Mine Simulation (EMS) challenge, encouraging innovators to present new electrification solutions for the mining industry.

Global lead production to recover by 4.6% this year

Mining News Pro - Global lead production is forecast by data analytics and consulting company GlobaData to recover by 4.6% and reach 4.69-million tonnes this year owing to increased output from mines in China (+3.3%) and Peru (+9.9%).

Further funding cuts lead times for QLD exploration

Mining News Pro - The Queensland Government has awarded 16 companies with a share in over $2.5 million for the fifth round of its Collaborative Exploration Initiative (CEI).

Old economy recharges lead market

Mining News Pro - Tesla intends to replace the traditional lead-acid auxiliary batteries in its Model S and X electric vehicles with lithium-ion alternatives in a revamp of the two models.

De Beers pleads guilty to failing to report mercury monitoring results at Victor mine

Mining News Pro - In a resolution to a years-long dispute, De Beers Canada has plead guilty to one count of failing to report annual mercury monitoring results for the G2 station at Victor mine in 2014 as required under the mine’s Certificate of Approval.

Weak emission standards may lead Europe to risk €27bn in battery investments

Mining News Pro - An analysis published by the European Federation for Transport and Environment states that the EU and the UK risk wasting €27 billion in battery investments if they fail to strengthen car and van CO2 emission standards.

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