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Metals and mining
Anglo American to Secure $4.9 Billion from Steelmaking Coal Sales
November 26, 2024 01:24 AM AEDT| By Team Kalkine MediaHighlights,Anglo American finalizes agreements to sell its steelmaking coal assets, including a $3.8 billion deal with Peabody Energy.,The transactions include cash proceeds from multiple agreements, amounting to $4.9 billion in total.,Completion of...
Delays Cloud Rio Tinto’s Simandou Ambitions Amid Construction and Political Challenges
November 20, 2024 01:33 AM AEDT| By Team Kalkine MediaHighlights:,Construction Delays:,Key infrastructure at Simandou, including railway bridges and tunnels, faces significant delays.,Adverse Conditions:,Extreme rainfall and a recent fatality have hampered progress on the Guinea project.,Political Uncer...
Oriole Resources Begins Maiden Drilling Program at Mbe South, Cameroon
November 20, 2024 01:33 AM AEDT| By Team Kalkine MediaHighlights:,Drilling Targets Mbe South’s Mineralised Corridor:,A 6,590-meter program across 24 holes aims to test structural orientation at depth.,Trenching Results Drive Progress:,A 500-meter mineralised zone identified through trenching has set the...
Bradda Head Lithium Advances Projects in Arizona with Positive Milestones
November 19, 2024 10:00 PM AEDT| By Team Kalkine MediaHighlights:,Resource Growth:,Updated resource estimate at Basin North surpasses key thresholds, triggering a $3 million royalty payment.,San Domingo Progress:,Key exploration milestones achieved, advancing Bradda Head's transition towards potential l...
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Technology Minerals Plc (TM1:LSE) Secures Agreement with Halfords to Recycle Lithium-Ion E-Mobility Batteries
November 19, 2024 06:38 PM AEDT| By Team Kalkine MediaHighlights:,Technology Minerals signs 12-month agreement with Halfords Group to recycle spent lithium-ion e-mobility batteries.,Recyclus, a Technology Minerals subsidiary, will process batteries at the UK's first industrial-scale Li-ion recycling pla...
Croda International Shares Fall on Appointment of RFK Jr. as U.S. Health Secretary Amid Regulatory Fears
November 15, 2024 08:55 PM AEDT| By Team Kalkine MediaHighlights:,Shares Down,:,Croda International’s stock dropped by 2.9% following the appointment of Robert F. Kennedy Jr. as U.S. Health Secretary by Donald Trump.,Regulatory Concerns,:,Kennedy’s history of advocating for bans on chemicals and additiv...
Greatland Gold Nears Completion of Transformative Acquisition of Havieron and Telfer Mines
November 15, 2024 08:35 PM AEDT| By Team Kalkine MediaHighlights:,Acquisition Nears Finalisation:,Greatland Gold expects to complete the acquisition of the Havieron project and Telfer mine by early December 2024.,Operational Approvals Secured:,Remediation work on Telfer’s tailings dam is complete, and r...
Barclays Downgrades Premier Inn Owner Whitbread on Cost Concerns
November 15, 2024 08:25 PM AEDT| By Team Kalkine MediaHighlights:,Barclays Downgrade,:,Whitbread’s rating was cut from ‘overweight’ to ‘equal weight’ by Barclays due to,anticipated,higher costs.,Budget Impact,:,Rising,labour,costs linked to recent Budget changes are expected to pressure Whitbread’s abil...
Gold Prices Tumble as US Interest Rate Outlook and Profit Taking Pressure Precious Metal
November 15, 2024 08:00 PM AEDT| By Team Kalkine MediaHighlights:,Gold Prices Drop Sharply,:,Gold slid from US$2,685 to US$2,569 per ounce this week, its lowest since mid-September.,Fed Signals Rate Pause,:,Federal Reserve,Chairman,Jerome Powell,indicated,a cautious approach to further interest rate cut...
BHP Wins Legal Victory in Brazil but Faces Ongoing Global Challenges Over Samarco Disaster
November 15, 2024 08:00 PM AEDT| By Team Kalkine MediaHighlights:,Court Acquittal,:,BHP, Vale, and Samarco were cleared of criminal and environmental charges by a Brazilian court in the Samarco dam collapse case.,UK Class Action Proceeds,:,Despite the acquittal in Brazil, a $70 billion class action laws...
Itaconix Partners with Bonals Technologies to Launch Eco-Friendly Detergent Tablets in North America
November 14, 2024 07:36 PM AEDT| By Team Kalkine MediaHighlights:,Strategic Partnership,: Itaconix collaborates with Bonals Technologies to develop sustainable detergent tablets for North American markets.,Expansion of SPARX Initiative,: The partnership aligns with Itaconix’s SPARX programme, aiming to...
UK Government Sets Legislative Ban on New Coal Mining Projects
November 14, 2024 07:36 PM AEDT| By Team Kalkine MediaHighlights:,New Coal Mining Ban,: The UK government plans to ban licensing of all new coal mining projects, marking a major policy shift towards phasing out coal power.,Coal Phase-Out Milestone,: The UK's last coal-fired power station was shut down r...
Kodal Minerals On Track for Q1 2025 Production at Bougouni Lithium Project
November 14, 2024 07:36 PM AEDT| By Team Kalkine MediaHighlights:,Bougouni Lithium Mine to Begin Production Q1 2025,: Kodal Minerals targets a first-quarter start date despite minor delays and recent industry concerns in Mali.,Hainan Partnership and Payment Dispute,: Disputes over payment responsibiliti...
Global Petroleum Expands Exploration at Juno with Promising Aeromagnetic Survey Results
November 14, 2024 06:19 PM AEDT| By Team Kalkine MediaHighlights,New Aeromagnetic Data,: High-resolution data confirms the size and intensity of the Juno magnetic feature.,Focus on Intrusion-Related Gold Systems,: Targeting gold and copper deposits akin to Havieron and Telfer.,Planned Follow-Up Work,: A...
Power Metal Resources and UCAM Ltd Joint Venture Expands Uranium Exploration in Saskatchewan
November 14, 2024 01:28 AM AEDT| By Team Kalkine MediaHighlights,JV to accelerate exploration on Badger Lake, near Arrow and Triple R uranium deposits.,New airborne geophysical and Ambient Noise Tomography (ANT) surveys to start mid-November.,Multi-hole drilling planned for early 2025.,Power Metal Resou...
Helix Exploration Completes Drilling at Darwin #1 Well in Montana with Significant Helium Finds
November 14, 2024 01:26 AM AEDT| By Team Kalkine MediaHighlights,Drilling completed at Darwin #1 well in Rudyard, Montana.,Reached a depth of 5,488 feet with promising helium shows across multiple horizons.,Helium levels peaked at 1,312 ppm, with substantial 330-foot gross pay zone.,Helix Exploration (L...
Fresnillo Faces Uncertainty Amid Production Challenges at Sabinas Mine
November 13, 2024 03:50 AM AEDT| By Team Kalkine MediaHighlights:,●,Production Troubles at Sabinas Mine:,Fresnillo’s partner, Peñoles, reports operational difficulties affecting output at the Sabinas mine, a key site under the Silverstream Agreement.,●,Potential Adjustments to Silverstream Contract:,Dis...
Oriole Resources Confirms Significant Gold Mineralisation at Mbe Project in Cameroon
November 12, 2024 07:37 PM AEDT| By Team Kalkine MediaHighlights:,Infill Trenching Confirms Gold Zones:,Oriole Resources reports successful Phase 2 infill trenching at the Mbe gold project, identifying mineralised zones of up to 122m.,Mineralised Corridors Defined:,The trenching outlines two key mineral...
Mila Resources Reports Significant Gold and Copper Finds at Queensland Licences
November 08, 2024 08:03 PM AEDT| By Team Kalkine MediaHighlights:,High-Grade Mineralisation:,Rock chip samples show significant gold and copper grades across Monal, Yarrol, and Mt Steadman licences in Queensland.,Rapid Progress:,The company swiftly moved from acquisition to sampling, demonstrating a com...
Great Southern Copper Secures £780,000 to Advance Chilean Exploration Efforts
November 08, 2024 07:37 PM AEDT| By Team Kalkine MediaHighlights:,Strategic Investment Secured:,Great Southern Copper raised £780,000, attracting new investors and strengthening its financial position for exploration.,Focus on High-Potential Targets:,Funds will support drilling activities at the Especul...
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