Ex-coal miner buying McDonald’s in Russia is rebranding an Era McDonald’s agreed to sell its network of 850 restaurants to former Siberian coal mine owner Alexander Govor. Bloomberg News | May 20, 2022 | 7:28 am
Horizonte kicks off construction of Araguia nickel mine in Brazil The Araguaia nickel mine in northern Brazil is set to produce 29,000 tonnes of the battery metal a year for the steel market. Cecilia Jamasmie | May 20, 2022 | 7:13 am
Payouts from Polyus to fund Islamic charity after sanctioned billionaire exits The Kerimov family gave a 46.35% stake in Polyus to the Fund for Support of Islamic Foundations in Russia. Bloomberg News | May 20, 2022 | 7:08 am
BHP still sees room to negotiate with Samarco’s creditors Samarco became unable to pay its $10.2 billion debt after its waste dam collapsed in 2015, killing 19 people. Bloomberg News | May 20, 2022 | 6:54 am
Sinosteel signs $680m iron ore mine deal with Cameroon Company will develop the Lobe iron ore mine in the central African nation. Reuters | May 20, 2022 | 6:37 am
Europe aims to revive magnesium output by 2025 to cut China reliance Supplies from China fell late last year, igniting prices in Europe and focusing the EU on efforts to secure home-grown supplies. Reuters | May 20, 2022 | 6:33 am
Highest efficiency solar cell now a reality National Renewable Energy Laboratory researchers created a solar cell with a record 39.5% efficiency under 1-sun global illumination. Staff Writer | May 20, 2022 | 6:06 am
Mining People: Great Bear Royalties, Group Eleven, Lundin Mining, Monarch Mining Key moves in the mining sector. Staff Writer | May 20, 2022 | 6:00 am
McMaster University, USNC, GFP sign MOU to study deployment of micro modular reactor Partnership is an important step in the launch of the university's SMR feasibility study. Staff Writer | May 20, 2022 | 6:00 am