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Pure Energy Receives Permit for Next Phase Drilling at Terra Cotta Lithium Project, Argentina

January 17, 2018

Pure Energy Minerals Limited said that the Secretary of Mining in the Salta Province, Argentina has granted the company its environmental impact report (EIR) for the next phase of work on the Terra Cotta Project at Salar de Pocitos. The

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Centerra Gold Receives Pastureland Permit for Öksüt Project, Turkey

January 17, 2018

Centerra Gold’s wholly-owned Turkish subsidiary, Öksüt Madencilik Sanayi ve Ticaret A.S. (OMAS) has received approval of its pastureland permit for the Öksüt Project located in central Turkey.  OMAS has also received notice from the Kayseri Directorate of Food, Agriculture and

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AES to Sell Its Equity Interest in Coal-fired Plants for $1.05 Billion, Philippines

January 17, 2018

The AES Corporation has entered into an agreement to sell its entire 51 percent equity interest in Masin-AES Pte. Ltd., a subsidiary of AES that owns AES’ business interests in the Philippines, to SMC Global Power Holdings Corp. for $1.05

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Trek Mining Finalizes $85 Million Construction Facility for Aurizona Gold Mine, Brazil

January 17, 2018

Trek Mining Inc. has entered into a definitive credit agreement through its wholly-owned Canadian subsidiary, Aurizona Goldfields Corporation, with Sprott Private Resource Lending to provide a US$85 million (C$109 million) secured project credit facility that will be used for the

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Air Products to Acquire Shell’s Coal Gasification Technology Business and Patent Portfolio

January 17, 2018

Air Products has entered into an agreement to acquire Royal Dutch Shell’s Coal Gasification Technology business as well as Shell’s patent portfolio for Liquids (Residue) Gasification. Financial terms are not being disclosed, and the acquisition is expected to close in

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Peru Exploring Potential for $2.4 Billion Mineral Railway for Increased Copper Production

January 16, 2018

Mining Global reported that world’s second biggest copper producer looks set to build a multibillion dollar railway, as it anticipates a huge surge in copper production in the coming years. The government of Peruvian President Mr. Pedro Pablo Kuczynski told

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BMW and Codelco Set Up Responsible Copper Initiative

January 16, 2018

BMW Blog reported that with the increased demand in the electrified car sector, carmakers need to make sure that the materials used in the manufacturing process are responsibly attained, without harming the environment even further. BMW is once again at

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Uzbek President Mirziyoyev Approves Construction of Mining and Metallurgical Complex at Tebinbulak

January 15, 2018

Uzbek President Shavkat Mirziyoyev has approved the plan of measures in connection with the construction of a mining and metallurgical complex based on the Tebinbulak deposit. The new complex will be built by 2024. Its capacity will be up to

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Rio Tinto Said to Drop Chase for $5 Billion Lithium Stake Soc. Quimica & Minera de Chile

January 15, 2018

Rio Tinto Group has dropped out of the bidding for a stake in Soc. Quimica & Minera de Chile SA, one of the world’s top lithium producers, as it pursues other ways to capitalize on the electric-car boom, people familiar

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Coal India Sees Challenging Times Ahead with Significant Competition Coming

January 15, 2018

Coal India Ltd, which is struggling to meet coal production targets, foresees significant competition coming in from the private sector in the future, a top official of the company has said. “More challenging times are ahead. Soon, mines for commercial

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