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A service for mining industry professionals · Saturday, November 30, 2024 · 765,111,380 Articles · 3+ Million Readers
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Nickel Mines News Monitoring

  • Published on Nov 26, 2024

    Anglo tails are up as restructuring plan gains momentum

    THE sale of Anglo American’s remaining metallurgical coal assets in Australia came in above expectations and boded well for the group’s restructuring plans, analysts said. Anglo announced on Monday that it would sell the remainder of its 15 to 17 million …

    Source: Miningmx - Label Pending
  • Published on Nov 26, 2024

    Anglo announces second bookbuild in Amplats shares

    ANGLO American is to sell a further block of shares in its Johannesburg-listed subsidiary Anglo American Platinum (Amplats), the UK group said. An additional 6% of Amplats would be sold in an accelerated bookbuild – equal to 16 million shares – the group …

    Source: Miningmx - Label Pending
  • Published on Nov 26, 2024

    Building on the North’s exploration potential

    Exploration dollars pour into the North by the hundreds of millions. In Nunavut, companies expect to spend $255 million to search for minerals and metals and to appraise deposits in 2024. In the NWT, the equivalent figure is almost $144 million. Here are …

    Source: Northern News Services - Label Pending
  • Published on Nov 26, 2024

    American Eagle raises $29 million for B.C. copper-gold drilling

    American Eagle Gold Corp. [AE-TSXV, AMEGF-OTCQB] has raised $29.1 million from a non-brokered private placement of pursuant to a subscription agreement with a unit of South32 Ltd. [S32-ASX]. The company’s shares advanced on the news, rising 3.09% or $0.03 …

    Source: Resource World Magazine - Neutral
  • 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 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
  • 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

    Himadri Speciality prepares base for India’s EV wave

    Electric vehicles is clearly a subject that is close to Anurag Choudhary’s heart. The CMD & CEO of the Kolkata-headquartered Himadri Speciality Chemical is absolutely categorical that the time has come for India to play a big role here at a time when …

    Source: ETAuto - Uncategorized
  • 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

    A rising danger in the Arctic

    The popular image of the Arctic is as a "frozen North," which it was for all of human history until a couple of centuries ago. In that view, intrepid explorers and scientists clatter over tundra and ice roads in dogsleds and decrepit trucks, …

    Source: PreventionWeb - Center-left
  • Published on Nov 26, 2024

    SK On batteries to use Korean lithium

    SK On says it has secured a supply deal for domestically produced lithium hydroxide, a critical component in battery manufacturing. SK On announced a long-term agreement with POSCO Pilbara Lithium Solution at a signing ceremony held at the POSCO Center in …

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

    South Africa’s untapped mining opportunity

    It will take many years and lots of hard work to restore confidence in South Africa’s mining industry and get it to its full potential. In the meantime, there are opportunities for some relatively ‘low hanging fruit’ – including in reprocessing surface …

    Source: Mining Review - 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

    Resources Top 5: Tunisia backs PhosCo in phosphate permit award

    PhosCo up +60% as Tunisia approves key phosphate permit North Stawell Minerals plans 2025 drill campaign in Victoria NGX, Peregrine and Kuniko among no news gains   Your standout small cap resources stocks for Tuesday, November 26.   Any ill will over the …

    Source: Stockhead - Neutral
  • Published on Nov 26, 2024

    Kipushi Zinc Mine Reopens in DRC After 31 Year Production Hiatus

    Ivanhoe Mines (TSX:IVN,OTCQX:IVPAF) and the Democratic Republic of Congo (DRC) marked a major milestone with the reopening of the Kipushi mine after a 31 year operational hiatus. An 800,000 metric ton (MT) per year concentrator facility was completed at …

    Source: Investing News Network - Neutral
  • 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

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