NATURAL RESOURCES News November 2021 Hochschild’s shares plummet Shares in Hochschild fall sharply on the back of the Peruvian Government’s efforts to close and block extensions of the company’s Pallancata and Inmaculada mines over environmental concerns. The company...
NATURAL RESOURCES News November 2021 Carbon neutral coal The Allam-Fetvedt Cycle technology, which is a new type of power cycle to reduce emissions, may be capable of providing a net-zero opportunity for coal by producing saleable hydrogen as a by-product of coal,...
NATURAL RESOURCES News November 2021 Namibia green hydrogen key player Namibia is well suited to exploit wind and solar energy thanks to its annual 3,500 sun hours and its vast lands with perfect wind speed that is capable of being harnessed for profitable wind...
NATURAL RESOURCES News November 2021 Reliance and Saudi Aramco deal scrapped Reliance Industries’ shares drop on the back of news that the US$15 billion deal with Saudi Aramco has been called off. Reliance Industries and Saudi Aramco had signed a “non-binding letter...
NATURAL RESOURCES News November 2021 UK Government to invest in nuclear power station The UK government is set to invest GBP1.7 billion over the next three years in the Sizewell C nuclear power plant, based in Suffolk. This investment is part of the UK government’s...
NATURAL RESOURCES News November 2021 Turning mining waste into wealth Oz Minerals, a mining company listed on the ASX has launched an initiative to explore ways to better manage mining waste. The ultimate goal is to create increased value from mining waste while...
NATURAL RESOURCES News November 2021 China to cap coal prices In an attempt to ease its energy crisis, China plans to cap the price of coal. China plans to cap the price of coal at which miners may sell coal for, which is scheduled to last until May 2022. It is...
NATURAL RESOURCES News November 2021 Indonesia’s solar-battery power plant Sunseap Group Pte, a renewable energy firm based in Singapore has announced its plans to develop 7 gigawatts of solar power and 12 gigawatt hours of battery storage on the Riau Islands of...
NATURAL RESOURCES News October 2021 Zijin Mining invests in lithium Zijin Mining, one of China’s largest gold and copper producers has acquired Neo Lithium Corporation for $770 million in a bid to carve out a stable supply chain for the future. This comes as the...
NATURAL RESOURCES News October 2021 Price of steel rapidly increasing The lack of supply for steel has US companies scrambling to produce cans, metal desks and filing cabinets, Peloton bikes and cars as prices have shot up to $1940 a ton this September compared to...
