MiningNews

Exxaro CEO Mxolisi Tsengwa Resigns Amid Allegations of Misconduct

2 months ago

In a significant turn of events, Mxolisi Tsengwa, the CEO of Exxaro Resources, has officially resigned from his position following a suspension related to allegations of misconduct. His resignation marks a pivotal moment for the South African coal and mineral company as it navigates the complexities of leadership transition amidst controversy.

Zijin Mining in Negotiations to Acquire $6 Billion Lithium Producer in China

3 months ago

In a significant move within the mining sector, Zijin Mining Group Co., a prominent Chinese mining company, has initiated talks to purchase a lithium producer valued at approximately $6 billion. This potential acquisition underscores the growing demand for lithium, a critical component in the production of electric vehicle (EV) batteries and other green technologies.

Exxaro Resources Explores Acquisition of Tshipi Manganese Mine

4 months ago

In a significant move within the mining sector, Exxaro Resources, the South African mining company, is reportedly in discussions to acquire the Tshipi manganese mine. This potential acquisition highlights Exxaro's ongoing strategy to enhance its resource portfolio, particularly in the manganese segment, which is experiencing heightened demand globally.

Peabody Energy Sets Sights on Global Steel Market Through Strategic Anglo American Deal

4 months ago

In a significant move aimed at expanding its footprint in the global steel market, Peabody Energy has announced a strategic agreement with mining giant Anglo American. This collaboration is poised to enhance Peabody's competitive edge as it seeks to capitalize on the increasing demand for metallurgical coal, a critical raw material in the steel production process.