Energean takes FID on $235m NEA/NI subsea tieback project in Egypt
Initially, the Yazzi and Python gas fields will be developed under the project with a tieback to the…
Eldorado Gold to take full ownership in Canada-based QMX Gold for $104m
22 Jan 21The deal will grow Eldorado Gold’s footprint and landholdings in the Abitibi Greenstone Belt in Canada by nearly…
Mubadala Petroleum, Egypt sign concession agreement for Red Sea Block 4
22 Jan 21Concession agreement calls for subsurface studies of the block and also 3D seismic acquisition during the initial three-year…
Australia-based Lynas to build light rare earths separation plant in US
22 Jan 21Expected to be built in Texas, the plant could produce approximately 5,000 tonnes per year of rare earths…
President Biden moves swiftly to dismantle Trump’s oil legacy
21 Jan 21Shortly after becoming 46th President of the United States, Joe Biden made key interventions that will change the…
Vale targets coal exit as it prepares sale of Moatize mine in Mozambique
21 Jan 21The Brazilian miner will acquire a partner's 15% share in Moatize coal mine, ahead of a planned divestment…
UK court rejects appeal to stop Drax building biggest gas plant in Europe
21 Jan 21In approving the plant in 2019, the UK government overruled its own planning authority’s recommendation to reject the…
Mining industry expected to speed up IoT investment over next three years
21 Jan 21Satellite communications firm Inmarsat believes the level of planned spend on IoT marks it out as a “critical…
Biden revokes Presidential Permit for $8bn Keystone XL pipeline project
21 Jan 21Project owner TC Energy to suspend advancement of the Canada-US crude oil pipeline following the decision
Byrnecut replaces Downer as contractor for Carrapateena mine, Australia
21 Jan 21The change comes in the wake of Downer’s decision to sell its mining services businesses