Proxy adviser Glass Lewis, one of Glencore’s (LSE: GLEN) top shareholders, is pushing investors to vote against the company’s plans to pay its new chief executive Gary Nagle up to US$10.4 million. In a report for clients, Lewis said it…
Komatsu has announced that it will provide Joy-engineered powered roof support (PRS) solutions through partnerships with PRS manufacturers in a move to adapt its longwall mining equipment business to meet customer needs. “As customers look to cut costs in the…
ABB announced that it was awarded the first contract in China for its ABB Ability Asset Vista Condition Monitoring. The company has installed the software to streamline maintenance, minimize costs and optimize capacity at the Shanyang coal mine in Heyang…
Bowing to public pressure, Alberta has reversed course on its decision last May to rescind the province’s 1976 policy governing coal exploration and development in the Eastern Slopes region of the Rocky Mountains. At the time when it lifted the…
Anglo American copper production increased by 6% to 167,800 tonnes in the fourth quarter of 2020, compared to 158,800 tonnes for the same period in 2019, largely due to secured access to industrial water at Los Bronces copper mine in…
Nokia has announced a partnership with Shaw Business to deploy Western Canada’s first dedicated 5G-ready private LTE mining network for Teck Resources at the company’s Elkview coal operations in B.C. The industrial-grade network is expected to deliver greater coverage, mobility,…
General Electric said it wants to exit the new-build coal power market. “GE’s Steam Power business will work with customers on existing obligations as it pursues this exit, which may include divestitures, site closings, job impacts and appropriate considerations for…
OTTAWA – Canada’s national association for miners, the Mining Association of Canada (MAC), is weighing in on the federal government’s decision to review Teck Resources‘ proposed Castle Mountain metallurgical coal project in B.C., saying the additional review is unnecessary as…
UNITED STATES – Preliminary figures from the U.S. Energy Information Administration indicate that in April, renewables generated more electricity than coal every day of the month. According to Institute for Energy Economics and Financial Analysis (IEEFA) researchers, this clean energy stretch began…
After two years of growth, mineral exploration spending in British Columbia was steady last year, totalling $329 million. But while overall spending didn’t change much, the minerals targeted did, with gold exploration declining 11%, and base metal exploration rising 39%.…
NEVADA – The joint venture between Barrick Gold and Newmont operating in Nevada approved the conversion of its TS coal power plant into a facility that also could produce power from natural gas, which would cut carbon emissions by as much as…
VANCOUVER – Teck Resources has announced that it aims to be carbon neutral across all its operations by 2050. The miner, a major producer of base metals and metallurgical coal that also has oilsands assets, says its goal demonstrates its commitment…