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Mozambique, Total agree to ‘Joint Task Force’ to help secure mega LNG project

PROJECT SECURITY / Terence Creamer

French energy major Total, which is leading the development of the $20-billion liquefied natural gas (LNG) megaproject in northern Mozambique, announced on Monday that it had signed a new security-related memorandum of understanding (MoU) with the gove…

Mozambique, Total agree to ‘Joint Task Force’ to help secure mega LNG project Read More »

Worker dies at Springvale mine

HEALTH & SAFETY / Esmarie Iannucci

The New South Wales Resources Regulator has confirmed the death of a worker at the Springvale underground coal mine, which is owned by unlisted Centennial Coal.

The Resources Regulator said that a worker was found unconscious and unresponsive in a veh…

Worker dies at Springvale mine Read More »

Trump Administration to block Pebble mine in Alaska

COPPER/GOLD / Bloomberg

The Trump administration is planning to block the controversial Pebble Mine in southwestern Alaska that’s recently drawn opposition from certain powerful Republicans, according to a person familiar with the matter.

The project, which has known deposit…

Trump Administration to block Pebble mine in Alaska Read More »

Botswana, Namibia set to sign 5 GW solar energy plan

Renewables / Bloomberg

Botswana and Namibia are set to sign an agreement to develop solar projects of as much as 5 GW through installations built across their mostly flat, sunny landscapes. The southern African nations are working with US government initiative, Power Africa,…

Botswana, Namibia set to sign 5 GW solar energy plan Read More »

Base reports strong finish to financial year

MINERAL SANDS / Esmarie Iannucci

Mineral sands miner Base Resources has reported higher revenues and higher net profit after tax for the financial year ended June, despite a fall in production.

Net profits after tax for the full year increased from the $39.2-million reported in 2019,…

Base reports strong finish to financial year Read More »

Titan divests of Peruvian projects

CORPORATE ACTIVITY / Esmarie Iannucci

ASX-listed Titan Minerals has struck a divestment agreement over its non-core Peruvian assets, as part of a strategic review to consolidate its operations.

The Peruvian assets were acquired as part of Titan’s acquisition of Canada’s Core Gold.

Titan divests of Peruvian projects Read More »

Fortescue reports record full year

Uncategorized / Esmarie Iannucci

Iron-ore major Fortescue Metals has reported record shipments, revenue, earnings and operating cashflow for the year ended June. Net profit after tax for the 12 months ended June increased by 49% on the previous period, to $4.7-billion, with underlying…

Fortescue reports record full year Read More »

Fortescue pots record full year

Uncategorized / Esmarie Iannucci

Iron-ore major Fortescue Metals has reported record shipments, revenue, earnings and operating cashflow for the year ended June. Net profit after tax for the 12 months ended June increased by 49% on the previous period, to $4.7-billion, with underlying…

Fortescue pots record full year Read More »

Fortescue pots record full year

Uncategorized / Esmarie Iannucci

Iron-ore major Fortescue Metals has reported record shipments, revenue, earnings and operating cashflow for the year ended June. Net profit after tax for the 12 months ended June increased by 49% on the previous period, to $4.7-billion, with underlying…

Fortescue pots record full year Read More »

Gold price boosts Ramelius’ returns

Uncategorized / Esmarie Iannucci

Gold miner Ramelius Resources has reported a 420% increase in net profits after tax for the 2020 financial year, on the back of higher gold prices and increased production.

Net profit after tax for the full year reached A$113.4-million, up from the A$…

Gold price boosts Ramelius’ returns 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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