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Eskom needs R187bn to comply with new emissions laws

ELECTRICITY / Reuters

South Africa’s power utility Eskom needs around R187-billion to comply fully with existing legislation curbing harmful emissions, a government presentation to parliament showed on Wednesday. Eskom, which uses mainly coal-fired power plants to generate …

Eskom needs R187bn to comply with new emissions laws Read More »

Russian businessman Potanin says he may raise stake in Nornickel

Base Metals / Reuters

Russian businessman Vladimir Potanin, the biggest shareholder in Norilsk Nickel, said on Wednesday he would continue investing in the Russian mining giant when the opportunity arises.

Potanin made the comment in an interview with RBC TV. He currently…

Russian businessman Potanin says he may raise stake in Nornickel Read More »

Russian businessman Potanin says to continue investing in Nornickel

Base Metals / Reuters

Russian businessman Vladimir Potanin, the biggest shareholder in Norilsk Nickel, said on Wednesday he would continue investing in the Russian mining giant when the opportunity arises.

Potanin made the comment in an interview with RBC TV. He currently…

Russian businessman Potanin says to continue investing in Nornickel Read More »

Lithium Energy to restart Utah fluorspar mine

FLUORSPAR / Creamer Media Reporter

TSX-V-listed Lithium Energy Products is raising up to $3.5-million in a private placement to fund the ramp-up of its recently acquired Lost Sheep fluorspar mine, in Utah, US.

The junior has engaged Sprott Capital Partners, as the exclusive placement a…

Lithium Energy to restart Utah fluorspar mine Read More »

Solar reducing electricity costs, lowering diesel use

Renewable Energy / Martin Creamer

Solar power is playing a major role in reducing daytime electricity bills and lowering diesel use in off-grid diesel consuming areas, says SunRanch.Solar, whose clients are benefiting from below grid power costs and major diesel savings. “We reduce peo…

Solar reducing electricity costs, lowering diesel use Read More »

US SEC opens preliminary probe of Vale over dam tragedy

SEC PROBE / Bloomberg

The US Securities and Exchange Commission has opened a preliminary investigation of iron ore miner Vale over the collapse of a Brazilian mining waste dam that killed more than 250 people in January, Brazil’s O Globo newspaper reported on Tuesday.

The …

US SEC opens preliminary probe of Vale over dam tragedy Read More »

Germany’s coal exit talks founder on compensation dispute

Coal / Bloomberg

Discussions are faltering about how to shut down Germany’s lignite coal industry as company executives and government ministers struggle to agree over the politically charged issue of how to compensate industry for plant shutdowns.

Ten months after Ge…

Germany’s coal exit talks founder on compensation dispute Read More »

A massive coal plant that asked for Trump’s help has gone dark

Coal / Bloomberg

In the end, the unraveling economics of coal proved too much for even a giant among power generators to handle.

At 12:09 p.m. local time on Monday – after churning out electricity for almost five decades – the largest coal-fired power plant in the wes…

A massive coal plant that asked for Trump’s help has gone dark Read More »

Yamana discovers new high-grade zone at Cerro Moro

Precious Metals / Mariaan Webb

Canadian miner Yamana Gold has announced a positive exploration update for its Cerro Moro mine, which it says demonstrates a growing mineral resource base in new areas that could establish the Argentina mine as a long-life, high-grade gold and silver o…

Yamana discovers new high-grade zone at Cerro Moro Read More »

Exxaro, Barloworld partner to help contractors acquire equipment

MINING EQUIPMENT / Marleny Arnoldi

Diversified miner Exxaro Resources and industrial equipment provider Barloworld Equipment (BWE) on Wednesday signed a memorandum of understanding (MoU) to formalise a partnership that will see contractors gain access to mining equipment at competitive …

Exxaro, Barloworld partner to help contractors acquire equipment Read More »

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Recent Posts

  • Tesla and Giga Metals reported talks sends stock soaring
  • President Regan and peaceful protestors
  • Really great article from Jon Rappaport
  • To Coved or not To Coved
  • Life After Capitalism
  • The biggest puzzle regarding gold’s rise
  • MINING PEOPLE: Eldorado, Fission Uranium, Norseman Capital, Oroford, Trevali
  • Webinar: Porphyry deposits of the northwestern cordillera of North America
  • Argonaut Gold sells Ana Paula project in Mexico
  • SPY Expectations For The Rest of September
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