Polish coal producer to cut pay and hours by 20% in May
Poland generates most of its electricity from coal but demand for power has slumped due to the new coronavirus epidemic.
Latest Stories
Shandong Gold grabs TMAC for $149 million
TMAC is the third underperforming Canadian gold junior to be acquired in the past few months.
Renewables to power Northern Minerals’ rare earth operation
The miner executed a letter of intent with Soluna Australia to develop a renewable-power and battery-storage facility at the Browns Range mine.
Monarch gets $5m to bring Beaufor mine into production
The Saint-Sauveur-based company just signed a deal with institutional investor Caisse de dépôt et placement du Québec.
MINING PEOPLE: CIM, Copper Reef Mining, Smooth Rock Ventures
Key moves in the mining sector.
Lucara Diamond in the red as market conditions worsen
Lucara lost $3.2 million in the first three months of the year, compared to $7.4 million in earnings in Q1 2019.
Updated feasibility boosts economics for Copper Mountain’s Eva project
A new study has increased the mine life by three years to 15 years, boosted annual production by 25%.
Equinox tables PEA for underground development at Aurizona
The early-stage study suggests a feed contribution of 2,800 t/d from the Piaba underground to the existing 8,000 t/d plant at the site.
Inmarsat and Cobham launch solution to connect remote workers
Companies have launched a push-to-talk (PTT) solution to connect remote workers using vehicles across the globe.