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There’s a Surprising Winner from China’s Ban on North Korean Coal

September 25, 2017

There is a surprising potential winner from China’s ban on North Korean coal: Mongolian coal exporters. That’s according to Christopher Wood, author of CLSA’s weekly “Greed & fear” newsletter, who cited what his team heard while in Ulaanbaatar, the capital

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Government of India Assures to Streamline Quarrying Operations

September 25, 2017

Efforts would be taken to streamline sand quarrying operations in an ecologically-friendly and environmentally sustainable manner across the state, Tamil Nadu chief secretary, Girija Vaidhyanathan and Principal Secretary of Public Works Department, S K Prabakar told the Madurai bench of

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NewBlack Energy Considers Acquiring Peabody Energy’s Mothballed Wilkie Creek Coal Mine, Queensland

September 25, 2017

A Queensland-based company has confirmed it has made an offer to global energy giant Peabody Energy to purchase one of its mines in the region. NewBlack Energy CEO Michael Gray told The Chronicle he and his colleagues had been working

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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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