Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Wildhorse Energy, which is focussed on developing underground coal gasification (UCG) and uranium projects in Central Europe, has signed a Memorandum of Understanding (MOU) which sets out the terms for exclusive negotiations and cooperation between the company and Air Liquide, the world leader in gases for industry, health and the environment. Under the terms of the MOU, Air Liquide will evaluate the technical and commercial conditions for installation of a new state-of-the-art air separation unit on WHE’s UCG site in Pécs, Hungary with the capacity to supply all the oxygen needs for WHE’s UCG project in Mecsek Hills, Hungary and shall develop its final proposal for oxygen supply to WHE based upon this evaluation.
