Making Mines Intelligent | Global Mining Review
2023-05-15 04:21:54 Coal mining companies haveng been chomping at the bit to accelerate intelligent digital transformation to achieve green mining and high-quality development. The main challenge of digitalisation facing the mining industry is to unify systems and industry standards. There are thousands of different devices at work in each and every mine, generating huge quantities […]
CORRECTION FROM SOURCE: Silver Elephant Delivers Additional 2,937 Tonnes of Coal to China from its Ulaan Ovoo Mine in Mongolia
2023-03-21 13:04:04 This document corrects and replaces the press release that was issued earlier this morning. The error occurred in the headline and body of the release referencing “3,771 tonnes of coal” where it should have read “2,937 tonnes of coal.” A quote from the CEO and a statement regarding the fulfillment of sales and […]
Silver Elephant Mining Delivers Additional 3,771 Tonnes of Coal to China From its Ulaan Ovoo Mine in Mongolia
2023-02-22 06:58:07 Vancouver, British Columbia–(Newsfile Corp. – February 22, 2023) – Silver Elephant Mining Corp. (TSX: ELEF) (OTCQX: SILEF) (FSE: 1P2) (“Silver Elephant” or “the Company”) announces that, further to its news release dated February 1, 2023, two separate rail shipments totaling 3,771 tonnes of coal have departed for China from its Ulaan Ovoo mine in Mongolia. “The […]
Silver Elephant Mining Signs Agreement to Sell 15,000 Tonnes of Ulaan Ovoo Coal To a Hong Kong Coal Buyer by March End
2023-02-01 07:41:08 Vancouver, British Columbia–(Newsfile Corp. – February 1, 2023) – Silver Elephant Mining Corp. (TSX: ELEF) (OTCQX: SILEF) (FSE: 1P2) (“Silver Elephant” or “the Company”) announces that a sales and purchase agreement (“SPA”) has been entered between Silver Elephant’s Mongolia subsidiary (the “Seller”) and a Hong Kong commodity trading and logistics company with significant presence in Mongolia […]
Silver Elephant Mining Achieves Coal Sales and Delivery to China, Prepares Ulaan Ovoo Mine Restart
2022-12-28 07:34:16 Vancouver, British Columbia–(Newsfile Corp. – December 28, 2022) – Silver Elephant Mining Corp. (TSX: ELEF) (OTCQX: SILEF) (FSE: 1P2) (“Silver Elephant” or “the Company”) announces that, further to news release dated November 21, 2022, it has received US$73,000 as part of the total proceeds from the sale of 3,166 tonnes of Ulaan Ovoo coal to China. […]
Silver Elephant’s Mega Coal Makes Progress with Coal Sales to China
2022-11-21 07:10:05 Vancouver, British Columbia–(Newsfile Corp. – November 21, 2022) – Silver Elephant Mining Corp. (TSX: ELEF) (OTCQX: SILEF) (FSE: 1P2N) (“Silver Elephant” or “the Company”) announces that, further to news release dated June 21, 2022, its wholly owned subsidiary, Mega Thermal Coal Corp. (“Mega Coal”) continues to make significant progress towards selling thermal coal from its […]
Coal miners pay highest US dividends as prices soar to records
2022-11-16 It’s a notable turnaround for an industry that experienced waves of bankruptcies in recent years as power producers shift away from the dirtiest fossil fuel. The resurgence comes as Russia’s war in Ukraine roils energy markets, and underscores that the market for coal remains robust even as environmentalists, progressive politicians and many corporations push […]
Coal miners face financing squeeze as more banks pledge to ‘go green’ – Companies
2022-09-19 Coal power and mining firms in Indonesia are finding it tougher to raise funds due to climate-crisis concerns and are being increasingly pushed by banks to present concrete-transition plans to shift away from dirty energy. To date, over 100 globally significant asset managers and owners with assets under management (AUM) greater than US$50 billion, […]
African Energy Metals Enters Joint Venture to Acquire Tanzanian Coal Projects and Announces Private Placement
2022-09-13 04:08:00 Vancouver, British Columbia–(Newsfile Corp. – September 13, 2022) – African Energy Metals Inc. (TSXV: CUCO) (FSE: BC2) (OTCQB: NDENF) (WKN: A3DEJG) (“African Energy Metals” or the “Company“) announced that the Company has signed an agreement to enter a joint venture with a Tanzanian group to acquire coal assets in Tanzania and announced a […]
Silver Elephant’s Mega Coal Subsidiary Prepares for Mongolia Coal Production in Q4 2022
2022-06-22 06:23:20 VANCOUVER, BC / ACCESSWIRE / June 22, 2022 / Silver Elephant Mining Corp. (“Silver Elephant” or the “Company”) (TSX:ELEF, OTCQX:SILEF, Frankfurt:1P2N) announces that its wholly-owned subsidiary, Mega Thermal Coal Corp. (“Mega Coal”), is preparing to commence Mongolia coal production at its Ulaan Ovoo project in Q4 2022. Mega Coal is commissioning Ulaan Ovoo […]
Colombia stepping up oil, coal production amid Russia sanctions
2022-06-13 The European country stopped buying Colombian coal in 2016 on human rights concerns. “Six years ago Ireland had replaced Colombian coal with Russian coal … but at the beginning of the war they came knocking at our doors again,” Mesa said. The demand for coal is so high that mining companies like Drummond, one […]
Battery Metals Royalties to Acquire 45% Interest in Mongolian Coal Assets from Silver Elephant Mining For $6.3 Million
2022-04-04 06:07:17 VANCOUVER, BC / ACCESSWIRE / April 4, 2022 / Silver Elephant Mining Corp. (“Silver Elephant“) (TSX:ELEF) (OTCQX:SILEF) (Frankfurt:1P2N) and Battery Metals Royalties Corp. (“Battery“) announce that they have entered into a binding letter of intent (the “LOI“) pursuant to which Battery proposes to acquire a 45% equity interest of Silver Elephant’s wholly owned […]
Sibanthracite improves WWF rating of mining companies
2021-12-31 02:34:59 In 2021, Sibanthracite moved up from 33rd to 17th place in the World Wildlife Fund (WWF)-Russia ranking of environmental information transparency of mining and metallurgical enterprises. At the same time, Sibanthracite took the third place among the coal mining companies participating in the rating. The final grade of Sibanthracite was 1.144 points – […]
‘It’s like Christmas’: Companies, environmentalists eager to open coal mining reports
2021-12-11 11:08:17 This year, Albertans won’t find out if there’s coal in their stockings until after Christmas. This year, Albertans won’t find out if there’s coal in their stockings until after Christmas. Sometime early in 2022 — the government won’t say exactly when — Energy Minister Sonya Savage is to release two reports that will […]
Bitcoin ‘mining’ is growing dirtier than coal. Here are 5 things the U.S. can do about it
2021-12-01 05:03:12 One issue you didn’t hear about at the Glasgow COP 26 is that Bitcoin is rapidly becoming one of the world’s largest polluters. People are surprised to learn that Bitcoin “miners” use more energy than Amazon, Google, Facebook, Microsoft and Apple combined. That’s because Bitcoin miners use sophisticated computer hardware — and a […]
Alberta Rockies coal mining panel granted 6-week extension to deliver its report
2021-11-10 13:19:06 A panel gathering public input on coal mining in the Alberta Rockies has been given another six weeks to hand in its report. “Due to the extraordinary volume, breadth and depth of the input provided by Albertans, the coal policy committee requested an extension to the deadline for both their engagement and final […]
Bens Creek Operations and Mega Highwall mining enter contract mining services agreement
2021-11-03 02:04:42 Bens Creek Group Plc, the owner of a metallurgical coal mine in North America, has announced that its wholly owned subsidiary, Ben’s Creek Operations LLC (BCO), and Mega Highwall Mining LLC (MHW) have entered into a contract mining services agreement (the contract). MHW will be responsible for the production of BCO’s metallurgical coal […]
NTEC takes on coal mining operations at Navajo Mine
2021-10-02 04:15:57 FARMINGTON — The mining manager of Navajo Mine has changed from North American Coal Company to the Navajo Transitional Energy Company after the facility’s contract mining agreement ended on Sept. 30. NTEC transitioned into the management role on Oct. 1. “Our business has grown and developed to a point where it is no longer necessary […]