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  • admin
  • August 07, 2022
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Signal Gold’s Canadian gold project secures environmental approval

Canada-based Signal Gold has received environmental clearance for its Goldboro gold project in Eastern Goldfields District, Nova Scotia, Canada. Issued by the Nova Scotia Minister of Environment and Climate Change, the environmental assessment approval allows the firm to site-specific permitting processes. These processes include industrial approval and applications for land and mining leases. The Goldboro

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  • admin
  • August 07, 2022
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New Hope purchases Malabar Resources stake for $65.2m

The acquisition forms part of New Hope’s efforts to boost its coal business amid rising commodity prices. Australia’s New Hope has acquired a 15% stake in Malabar Resources for A$94.4m ($65.25m) through a wholly owned unit. The acquisition forms part of the firm’s efforts to boost its coal business amid increasing commodity prices, which reached

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  • admin
  • August 07, 2022
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Glencore H1 2022 profits soar on coal boom

Mining and commodities giant Glencore doubled its core profits to $18.9bn for the first half of 2022, driven by higher metal prices and market volatility. Marking an increase from $8.65bn in the same period last year, the company particularly benefitted from record-high coal prices due to market fluctuations triggered by the Russia-Ukraine conflict. The firm’s

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