Mining contractor PT Putra Perkasa Abadi (PPA) recorded an overburden material production (removal of soil covering coal) of 303.36 million bank cubic meters (BCM) from January to November 2024, exceeding the target set for November of 296.15 million BCM.
First Nation Taykwa Tagamou Nation (TTN) will invest $20-million of its capital in TSX-V-listed Canada Nickel Company for an 8.4% interest in the nickel company.
Vale Ventures, the corporate venture capital initiative of Brazilian miner Vale, said on Thursday it has invested in a Boston-based startup focused on developing solutions to decarbonise heat generation.
Samarco Minercao expects to invest more than $1-billion to return its iron-ore operations to full capacity by January 2028 — a date that’s more than 12 years after the operation was first sidelined after a deadly mining tailings dam disaster.
Russian mining and metals giant Nornickel plans to return to a positive free cash flow in 2025 but will not distribute dividends before then, its CEO and major shareholder Vladimir Potanin said on Saturday.
To ensure the safe and stable electricity use in the winter season, the company prepared a work plan in advance, optimized service methods and refined service.