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China Set for World’s Largest Clean Coal Power System by 2020

September 22, 2017

China is expected to boast the world’s largest clean coal power system with high efficiency by 2020, the Xinhua-run Economic Information Daily reported on Wednesday. Since 2014, the coal-fired power sector has been renovating facilities to reduce emissions and save

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Eldorado Gold Not Suspending Investments in Greece After Starting Constructive Dialogue

September 22, 2017

A Canadian mining company that is one of Greece’s largest foreign investors said Thursday it would not suspend operations in the country as it had threatened to do earlier this month, after starting a “constructive dialogue” with the government. Vancouver-based

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Fura Gems Enters Agreement to Acquire Ruby Licenses in Mozambique

September 21, 2017

Fura Gems Inc. has entered into an agreement to acquire all of the issued and outstanding shares of Cobadale Ltd. On closing of this transaction, Fura Gems will own an 80 percent effective interest in four ruby licenses and has

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Bukit Asam Explores Coal Mining Acquisitions in Kalimantan, Indonesia

September 21, 2017

Bukit Asam (PTBA) is focusing on seeking coal mines to be acquired in Kalimantan. The company considers that Kalimantan is an area with abundant coal reserves and has better logistics access than Sumatra. Director of Bukit Asam, Arviyan Arifin confirmed

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Metso Signs Distribution Agreement with Process Control Equipment to Expand Services in UK, Benelux

September 21, 2017

Metso has signed a distribution agreement for its valve products with Process Control Equipment (PCE) to cover UK, Benelux and Spain. Under the non-exclusive agreement, PCE will add to its current portfolio of Metso’s Neles and Jamesbury product families for

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Alphamin’s Bisie Tin Mine on Track to Produce Conflict-free Tin in 2019, Johannesburg

September 20, 2017

Alphamin Resources Corp. is on track to deliver on the commitment to develop the first large commercial tin mine in the eastern Democratic Republic of Congo that will produce responsible, developmental, conflict-free tin concentrate, while promoting community development, safety, health

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Tango Mining Enters Diamond Mining Sector in Angola

September 20, 2017

Tango Mining Limited has signed a three year renewable services agreement for mining and marketing of diamonds with Txapemba Canguba R.L, located in the Municipality of Cambulo, Province of Lunda Norte, Republic of Angola. Txapemba was granted an 84 square

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Nickel Asia Steps Up Mining Rehabilitation to Ensure Environmental Sustainability, Philippines

September 19, 2017

Hinatuan Mining Corp., a subsidiary of listed Nickel Asia Corp., is stepping up its mine rehabilitation as 59 hectares of its area are undergoing restoration to ensure environmental sustainability. HMC has so far rehabilitated 79 hectares and another 59 hectares

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Lithium Mining in Krusne Mountains Could Lead to 1,000 New Jobs, Czech Republic

September 19, 2017

Lithium mining in Krušné Mountains could lead to more than 1,000 jobs, say representatives of the town of Cínovec in the Teplice area, where mining is planned. Investments of around 10 billion crowns are expected and Cínovecká deponie, a company

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Kibo Mining Closes in on Mbeya Funding and Power Purchase Agreement, Tanzania

September 19, 2017

Kibo Mining PLC is making progress in securing project financing for its Mbeya coal-to-power project in Tanzania. Significant progress has also been made in putting together the Power Purchase Agreement with Tanzania’s sole energy provider, Tanzania Electric Supply Company Ltd.

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