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Published on Nov 26, 2024

Anglo American exits Australian coal steelmaking assets with Peabody sale

British multinatinaional mining giant Anglo American has sold its Australia-based steelmaking coal business to US coal miner Peabody Energy for around $3.8 billion Peabody’s agreed cash consideration of up to $3.775 billion comprises an upfront cash …

Source: FinanceAsia - Label Pending
Published on Nov 26, 2024

Vedanta Signs $2 Billion Deal For Major Copper Projects In Saudi Arabia

Vedanta Signs $2 Billion Deal For Major Copper Projects In Saudi Arabia | Representative Image Vedanta Ltd on Tuesday said that it aims to invest USD 2 billion in significant copper projects in Saudi Arabia. A pact was signed by Vedanta Copper …

Source: Free Press Journal - Neutral
Published on Nov 26, 2024

Vedanta eyes $2 billion copper project investments in Saudi Arabia

Mining major Vedanta Ltd is looking to invest $2 billion in significant copper projects in Saudi Arabia, news agency PTI reported on Tuesday, November 26. Vedanta Copper International, a wholly owned subsidiary of Vedanta Ltd, signed a pact with the …

Source: Mint - Neutral
Published on Nov 26, 2024

Copper, carbon, and costs: The triple challenge for mining

Tom Cawley, CEO of MaxMine, considers how, faced with pressure to increase copper output amid rising costs, declining ore grades, and decarbonisation requirements, AI and data analytics could help the industry do mining differently. Mining is one of the …

Source: Global Mining Review - Neutral
Published on Nov 26, 2024

Vedanta Partners with Saudi Arabia; Aims to invest $2 billion in copper projects

Vedanta aims to invest $2 billion in significant copper projects, one of the most crucial minerals in the global energy transition, within the Kingdom MoU signed with the Ministry of Investment and Ministry of Industries & Mineral Resources to set …

Source: PSU Connect Media - Neutral
Published on Nov 26, 2024

We must join Africa Responsible Mineral Sourcing Initiative - Sulemanu Koney urges govt

The Chief Executive Officer of the Ghana Chamber of Mines, Sulemanu Koney, has urged the government to join the conversation on the Africa Responsible Mineral Sourcing Initiative, given the country's towering profile in the mining industry. He pledged …

Source: Graphic - Label Pending
Published on Nov 26, 2024

Anglo American agrees sale of remaining steelmaking coal portfolio to Peabody Energy

Anglo American has entered into definitive agreements to sell the entirety of its steelmaking coal business, generating up to US$4.9 billion in aggregate gross cash proceeds – including the previously announced sale of its interest in Jellinbah for …

Source: World Coal - Label Pending
Published on Nov 26, 2024

This Metal Saw Prices Increase 200% In 2024 - It Could Happen Again In 2025 - Financial News Media

(MENAFN- financial News Media) FN media Group Presents Oilprice market Commentary London – November 26, 2024 – One of the best performing assets on the planet right now could be a little-known critical strategic critical metal that has exploded 200% this …

Source: MENAFN - Uncategorized
Published on Nov 26, 2024

Anglo American’s copper age: Analysts split over near-term benefits

Anglo American PLC (LSE:AAL) is shaping up to become a drastically different business after offloading its multi-billion-dollar Australian metallurgical coal assets. The FTSE 100-listed miner is set to receive US$4.9 billion (£3.9 billion) from multiple …

Source: Proactive Investors - Neutral
Published on Nov 26, 2024

British Anglo American sells coal business in Australia for $3.77 billion

AK&M 26 November 2024 11:15 British mining company Anglo American Plc has entered into a final agreement with Peabody Energy Corp. on the sale of steelmaking coal mines in Australia for $3.77 billion. This is reported in a press release from Anglo …

Source: AK i M - Label Pending
Published on Nov 26, 2024

Anglo American eyes Amplats demerger after R88bn windfall from coal assets disposal

Anglo American has lined up a $4.9 billion (R88.4bn) windfall from the disposal of its steelmaking coal operations, with the company reaching an agreement to spin off the Australian assets to United States-listed Peabody Energy for $3.78bn at a time BHP …

Source: IOL - Uncategorized
Published on Nov 26, 2024

Anglo farewells Aussie coal

A US$3.8 billion ($5.8 billion) deal is the latest payday for Anglo American as it sells off its Australian coal assets, bringing the cash-out to a total of $7.5 billion. The miner announced at the start of November it had found a new owner for its stake …

Source: Mining Magazine - Label Pending
Published on Nov 26, 2024

Iran unveils domestically-developed heavy-duty cone crusher in ConMine 2024

(MENAFN) Iran unveiled its largest domestically-developed heavy-duty cone crusher on Saturday at the 18th International Exhibition for Mines, Mining, Construction Machinery, and Related Industries and Equipment (Iran CONMINE) in Tehran. The unveiling …

Source: MENAFN - Uncategorized
Published on Nov 26, 2024

Antimony Prices Surged 200% in 2024, and it Could Happen Again in 2025

One of the best investments on the planet right now could be a little-known critical strategic critical metal that has exploded 200% this year. It’s the metal that wins wars, and China has banned its export with the intent of stripping the U.S. war …

Source: Oil Price - Neutral
Published on Nov 26, 2024

Anglo American sells steelmaking coal portfolio

Anglo American’s portfolio transformation will see the company focus on its world-class resource asset base in copper, premium iron ore and crop nutrients through the sale of its steelmaking coal and nickel businesses, the demerger of its platinum group …

Source: The Australian Mining Review - Label Pending
Published on Nov 26, 2024

B.C. firms plan to build magnet recycling plant in Texas

Two B.C. critical mineral recycling technology companies announced plans today to build a plant in Texas that would produce magnet metals from e-waste. The American company, HyProMag, has completed a feasibility study for the construction of a US$125 …

Source: Pique Newsmagazine - Label Pending
Published on Nov 25, 2024

How workers in Europe are paying the price for China’s EV trade push

For as long as anyone can remember, life in the eastern Serbian town of Bor has revolved around copper mining. From the brightly painted old machinery that lines the central reservation on the road into town to the huge spoil heaps on the skyline, the …

Source: The Independent - Center-left
Published on Nov 25, 2024

London stocks finish upbeat session in the green

The FTSE 100 index rose 0.36% to end the session at 8,291.68 points, as the FTSE 250 outperformed, climbing 0.81% to 20,749.26 points. In currency markets, sterling was last up 0.17% on the dollar, trading at $1.2551, while it slipped 0.48% against the …

Source: ShareCast - Label Pending
Published on Nov 25, 2024

Anglo American sells remaining coal assets for $3.8bn in first stage of restructuring

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anglo American has agreed to sell its remaining steelmaking coal mines in Australia to Peabody Energy for up to $3.78bn, securing a …

Source: The Financial Times - Neutral

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Published on November 26, 2024 - 13:00 GMT

The New Standard in Cryptocurrency Mining: Affordable, Silent, and Energy-Efficient Solutions from D-Central

Affordable, silent, and energy-efficient Bitcoin mining solutions redefine accessibility and sustainability for enthusiasts and professionals alike. LAVAL, QC, CANADA, November 26, 2024 /⁨EINPresswire.com⁩/ -- D-Central Technologies, Canada’s …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 27, 2024 - 00:00 GMT

ION Mining Introduces Enhanced Mobile App and Expanded Cryptocurrency Mining Options

Edinburgh, Scotland, Nov. 26, 2024 (GLOBE NEWSWIRE) -- ION Mining, a pioneer in the cloud mining industry, has announced the launch of its newly enhanced mobile app and expanded cryptocurrency mining services. These updates aim to provide users with an …

Distribution channels: Environment, Technology ...

Published on November 26, 2024 - 14:00 GMT

Cipher Mining Announces Acquisition of New Site in West Texas, Adding 100 MW of Capacity to its Growing Portfolio of ...

The 250-acre site includes approvals and a signed facility extension agreement for up to 100 MW Anticipated availability of power consumption in the first half of 2026 NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on November 26, 2024 - 11:00 GMT

Voyageur Mineral Explorers Corp. Options Hanson Lake Project to Foran Mining Corporation

TORONTO, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Voyageur Mineral Explorers Corp. ("Voyageur" or the "Company") (CSE: VOY) is pleased to announce that is has entered into an option agreement dated November 25, 2024 (the “Option Agreement”) …

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Published on November 26, 2024 - 08:01 GMT

AMERICAN SALARS ENGAGES EXPLORATION TEAM FOR PHASE 1 PROGRAM ON ITS 100% OWNED LAC SIMARD NORD PROPERTY WITHIN SAYONA ...

VANCOUVER, BC, Nov. 26, 2024 (GLOBE NEWSWIRE) -- AMERICAN SALARS LITHIUM INC. ("AMERICAN SALARS" OR THE "COMPANY") (CSE: USLI, OTC: USLIF, FWB: Z3P, WKN: A3E2NY) announces it has engaged an exploration team to conduct a Phase 1 program …

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Published on November 25, 2024 - 17:00 GMT

Ian Timis on Redefining ESG in Mining: The $250 Million Vision for a Sustainable Future

Ian Timis leads a £250M initiative with Eco Future Metals, driving ESG innovation in mining for a sustainable and profitable energy future. LONDON, UNITED KINGDOM, November 25, 2024 /⁨EINPresswire.com⁩/ -- In an exclusive interview with Ian Timis, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 26, 2024 - 23:20 GMT

Arrow Minerals Ltd (AMD.AX) More High-Grade Bauxite Assays Extend Known Mineralisation

Perth, Nov 27, 2024 AEST (ABN Newswire) - Arrow Minerals Limited (ASX:AMD) is pleased to report further outstanding assays from its maiden drilling program at the Niagara Bauxite Project in Guinea. Second batch of results from Arrow's first drilling at …

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Published on November 25, 2024 - 23:18 GMT

Mustang Energy Corp. Announces Strategic Financing of up to C$3.0 Million and Engagements with Red Cloud Securities Inc. ...

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Mustang Energy Corp. (CSE: MEC, OTC: MECPF, FRA: 92T) (“Mustang” or the “Company”) is pleased …

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Published on November 26, 2024 - 16:00 GMT

ExSorbtion Secures $1.8 Million DOE Contract to Accelerate Commercialization of its Direct Lithium Extraction Technology

This funding will drive the advancement of domestic lithium production to bolster the U.S. supply chain for critical battery materials. SUNNYVALE, CA, UNITED STATES, November 26, 2024 /⁨EINPresswire.com⁩/ -- ExSorbtion Inc., a pioneering company …

Distribution channels: Automotive Industry, Energy Industry ...
Published on November 26, 2024 - 12:50 GMT

Goldencrest Metals Reviews, Complaints and Fees Analysis 2025 Released on IRAEmpire

GoldenCrest Metals 2025 Review Released: IRAEmpire analyzes reviews, complaints, and fees to provide insights for precious metals investors. BURBANK, CA, UNITED STATES, November 26, 2024 /⁨EINPresswire.com⁩/ -- IRAEmpire is proud to announce the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on November 26, 2024 - 23:19 GMT

NorthWest Copper Announces Appointment of Paul Olmsted as CEO

VANCOUVER, British Columbia, Nov. 26, 2024 (GLOBE NEWSWIRE) -- NorthWest Copper (“NorthWest” or “the Company”) (TSX-V: NWST) is pleased to announce the appointment of Paul Olmsted as Chief Executive Officer and a member of the Board of Directors, effective …

Distribution channels: Companies, Mining Industry ...
Published on November 26, 2024 - 17:07 GMT

Fusion+ Live: 1inch Introduces Full Cross-Chain Swap Functionality

DUBAI, United Arab Emirates, Nov. 26, 2024 (GLOBE NEWSWIRE) -- 1inch announces that Fusion+ has successfully come out of beta and is now fully available for all users in the 1inch Wallet and 1inch dApp. With Fusion+, users maintain full self-custody of …

Distribution channels: Media, Advertising & PR, Mining Industry ...
Published on November 26, 2024 - 16:55 GMT

Barrick Confirms Arrest of Four Malian Employees, Reaffirms Commitment to Resolution of Disputes

TORONTO, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today confirmed that four employees of its Loulo-Gounkoto mining complex had been charged and detained pending trial. While Barrick refutes these charges, it said it …

Distribution channels: Law, Media, Advertising & PR ...
Published on November 26, 2024 - 14:51 GMT

Les économies provinciales reprennent leur souffle

OTTAWA, Ontario, 26 nov. 2024 (GLOBE NEWSWIRE) -- La détente inflationniste et les réductions consécutives bien engagées des taux d’intérêt de la Banque du Canada stimulent l’investissement de capital et les dépenses de consommation, laissant poindre des …

Distribution channels: Mining Industry, Science ...
Published on November 26, 2024 - 14:51 GMT

Pressure is Easing on Provincial Economies

OTTAWA, Ontario, Nov. 26, 2024 (GLOBE NEWSWIRE) -- With inflationary pressures easing and the Bank of Canada’s cutting cycle firmly underway, strengthening capital investment and consumer spending are supporting a brighter outlook for Canada in 2025, …

Distribution channels: Mining Industry, Science ...
Published on November 26, 2024 - 14:05 GMT

Western Uranium & Vanadium Corp. Provides Company Updates

Toronto, Ontario and Nucla, Colorado, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Western Uranium & Vanadium Corp. (CSE: WUC) (OTCQX: WSTRF) (“Western” or the “Company”) is providing the following updates: Geologist Joins to Supervise Drilling Program and …

Distribution channels: Mining Industry ...
Published on November 26, 2024 - 14:00 GMT

GoldHaven Files 43-101 Technical Report on Magno Property and Provides Corporate Update

VANCOUVER, British Columbia, Nov. 26, 2024 (GLOBE NEWSWIRE) -- GoldHaven Resources Corp. ("GoldHaven" or the "Company") (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) announces the filing of an independent technical report prepared in accordance …

Distribution channels: Banking, Finance & Investment Industry, Mining Industry ...
Published on November 26, 2024 - 14:00 GMT

SAGA Metals Reports Assay Results and Plans Drill Program at Double Mer Uranium Project

VANCOUVER, British Columbia, Nov. 26, 2024 (GLOBE NEWSWIRE) -- SAGA Metals Corp. ("SAGA" or the "Company"), a North American exploration company focused on critical mineral discovery in Canada, is pleased to share assay results from its …

Distribution channels: Media, Advertising & PR, Mining Industry ...
Published on November 26, 2024 - 13:33 GMT

American Rare Earths Reports Highest Grades to Date at Cowboy State Mine, Halleck Creek Project

Highlights Final assay results from the last 5 holes of the 2024 drilling campaign confirm some of the highest-grade Total Rare Earth Oxide (TREO) intersections recorded at the Cowboy State Mine Area. Significant high-grade intervals include: HC24-RM046: …

Distribution channels: Media, Advertising & PR, Mining Industry ...
Published on November 26, 2024 - 13:30 GMT

Critical Metals Corp Discovers 147 PPM of Gallium at Its Tanbreez Project

NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Critical Metals Corp (Nasdaq: CRML) (“Critical Metals Corp” or “the Company”), a leading mining development company focused on critical metals and minerals and producing strategic products essential to …

Distribution channels: Media, Advertising & PR, Mining Industry ...
Published on November 26, 2024 - 13:30 GMT

NANO Nuclear Energy and Everstar Announce Successful Pilot to Advance AI-Driven Regulatory and Licensing Solutions for ...

New York, N.Y., Nov. 26, 2024 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear or “the Company”), a leading vertically integrated advanced nuclear energy and technology company developing portable clean nuclear energy solutions, …

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Published on November 26, 2024 - 13:00 GMT

Global Uranium Announces Successful Completion of Active Remediation at the Northwest Athabasca Property

CALGARY, Alberta, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Global Uranium Corp. (CSE: GURN | OTC: GURFF | FRA: Q3J) (the “Company”) is pleased to announce the results of site remediation activities at the Northwest Athabasca Joint Venture project (the “Project”), …

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Published on November 26, 2024 - 13:00 GMT

MAX Power Upsizes Non-Brokered Private Placement

VANCOUVER, British Columbia, Nov. 26, 2024 (GLOBE NEWSWIRE) -- MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) (“MAX Power” or the “Company”) has updated the terms of its non-brokered private placement targeting strategic investors ( …

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Published on November 26, 2024 - 13:00 GMT

Torr Metals Completes Surface Sampling and Launches Ground Geophysical Survey at Filion Gold Project

VANCOUVER, British Columbia, Nov. 26, 2024 (GLOBE NEWSWIRE) -- via IBN – Torr Metals Inc. (“Torr” or the "Company") (TSX-V: TMET.V) is pleased to announce the successful completion of its large-scale surface geochemical exploration program with …

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Published on November 26, 2024 - 12:30 GMT

Electra Completes US$5 Million Financing and Settles Accrued Interest on Convertible Notes

TORONTO, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) has closed its previously announced financing transaction (the “Financing”) with the holders of the existing secured …

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Published on November 26, 2024 - 12:00 GMT

Eloro Resources Intersects 66.90g Ag/t, 0.63% Zn, 0.42% Pb and 0.11% Sn (111.14g Ag eq/t) over 289.13m in First Hole of ...

Intersection in hole DSB-68 above also includes higher grade intervals of: 126.10g Ag/t, 0.55% Zn, 0.60% Pb and 0.09% Sn (160.72g Ag eq/t) over 122.03m, 47.61g Ag/t, 0.22% Zn, 0.40% Pb and 0.45% Sn (146.06g Ag eq/t) over 16.51m, and 25.52g …

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Published on November 26, 2024 - 11:30 GMT

Probe Gold Advances Baseline Studies and Permitting Programs at Novador Project, Quebec

Highlights: Probe has completed the second year of its three-year environmental baseline studies and is on schedule to complete these studies in 2025. The environmental baseline studies are key to securing permits and approvals, which will advance the …

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Published on November 26, 2024 - 11:30 GMT

Probe Gold fait progresser les études de base et les programmes d'obtention de permis sur le projet Novador, au Québec

Faits marquants : Probe a terminé la deuxième année de ses études environnementales de base et devrait les achever en 2025. Les études environnementales de base sont essentielles pour obtenir les permis et les approbations qui permettront de faire avancer …

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