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Power Africa moves towards its goal of bringing more energy to the continent

By: Kim Cloete     16th May 2019 Power Africa, which was launched by former US President Barack Obama six years ago, is working towards its target of providing energy access to an additional 60-million new homes and businesses and adding 30 000 MW of cleaner, more efficient electricity generation capacity on the African... 

Pursuit sharpens focus on Swedish vanadium

By: Esmarie Iannucci     8th May 2019 Scoping studies into the Airijoki and Koitelainen vanadium projects, in Sweden and Finland respectively, have proven both projects to be financially robust, ASX-listed Pursuit Minerals said on Wednesday. The scoping studies assessed the potential for both Airijoki and Koitelainen to be developed... 

US sinks Arctic accord due to climate change differences

By: Reuters     7th May 2019 The United States has refused to sign an agreement on challenges in the Arctic due to discrepancies over climate change wording, diplomats said on Tuesday, jeopardising cooperation in the polar region at the sharp edge of global warming. Temperatures in the Arctic are rising at twice the rate of... 

Arctic nations to meet amid tensions over environment, resources

By: Reuters     6th May 2019 Top diplomats from the US, Russia and other nations which border the Arctic meet in Finland on Monday to discuss policies governing the polar region, as tensions grow over how to deal with global warming and access to mineral wealth. Countries have been scrambling to claim territory or, like... 

Metso to deliver two Metso Truck Bodies to Boliden's Aitik mine in Sweden

2nd May 2019 Metso has won an order to deliver two Metso Truck Bodies to Boliden's Aitik mine in Gällivare, Sweden. In addition, Metso will supply rubber truck bed lining for five more haul trucks. Boliden has been using Metso's rubber truck bed lining on half of their haul trucks for several years because of... 

Epiroc shares drop as mining gear orders disappoint

By: Reuters     30th April 2019 Sweden's Epiroc said on Tuesday it expected current levels of demand to prevail in the near term after it reported lower than expected quarterly mining equipment orders, sending its shares lower. Epiroc, which competes against Sweden's Sandvik and Finland's Metso, said its order intake inched up... 

Agnico Eagle first-quarter profit falls but beats expectations

By: Reuters     26th April 2019 Agnico Eagle Mines, the biggest Canada-focused gold miner, reported an 18% decline in first-quarter profit on Thursday on lower gold production as its Meadowbank mine in Canada's Nunavut territory nears the end of its life. Even so, the Toronto-based company's net income of $37-million, or 16c a... 

Australia’s minerals council calls for repeal of ‘discriminatory’ nuclear energy ban

By: Esmarie Iannucci     23rd April 2019 The Minerals Council of Australia (MCA) has called on the federal government to repeal a ban on nuclear energy. The call comes after Prime Minister Scott Morrison last week said in a radio interview that while nuclear energy was “not on the agenda”, he noted that nuclear energy had to pay its... 

Beowulf raises another £500 000

By: Creamer Media Reporter      16th April 2019 Nordic-focused mineral exploration and development company Beowulf Mining has announced that it will raise £500 000 by issuing shares at 5.75p each. The funds are for general working capital purposes and for supporting its commitment to Vardar Minerals’ Kosovan exploration programme, the company... 

Minerals Council calls for delay of at least five years in carbon tax implementation 

By: Rebecca Campbell     12th April 2019 The Minerals Council South Africa (Minerals Council), the representative body for the mining industry in the country, has called on government to delay the implementation of the new carbon tax. “The Minerals Council would like to see a delay of at least five years for the implementation of the... 

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