The New South Wales (NSW) Department of Planning and Environment has recommended Shenhua's Watermark coal project for approval, moving the $1bn development closer to construction. Located 25km south-east of Gunnedah on the Liverpool Plains, the open cut coal...
Muswellbrook Coal Company plans to develop a new mine at Castle Rock, about 3km north-east of Muswellbrook in New South Wales, Australia. Muswellbrook's existing mine is expected to close in the next five years; however, the company intends...
Romarco Minerals has signed a binding commitment letter with a consortium of lenders for a $200m debt facility to develop its Haile project in South Carolina, US. The company signed the deal with lenders, including Caterpillar Financial Services,...
Cliff Natural Resources has announced it is permanently closing its Scully iron ore mine in Wabush, Canada, affecting about 500 mining workers. There are about 50 workers still working at the mine during the idling period, and the...
Mineral and applications technology company Rare Earth Salts (RES) has signed a joint development agreement (JDA) with an undisclosed mining company, to process rare earth metals in the US. To be implemented in phases, the JDA will see...
TECO Energy has entered into a deal to sell its wholly owned TECO Coal plus subsidiaries to Booth Energy Group's Cambrian Coal for $170m. The sale is part of TECO's restructuring plan, under which the company sold its...
US-based metals miner Allied Nevada Gold has revealed the results of the prefeasibility study (PFS) carried out in May which found that the Hycroft mine's mill expansion would cost an additional $66m, taking the total cost of the project...
