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Talks Progressing for Barrick Gold in Solving Acacia Mining Dispute with Tanzania
June 28, 2018
Seeking Alpha reported that talks with Tanzania’s government to resolve a dispute over Acacia Mining’s operations in the country have been “constructive” and final agreements have been drafted, says Barrick Gold, Acacia’s largest shareholder with a 64 percent stake. But
Pacton Gold to Acquire Bellary Dome Project, Australia
June 26, 2018
Junior explorer Pacton Gold Inc is poised to acquire the Bellary Dome project in the famous Pilbara mining region of Australia, sending shares higher. It has struck a binding letter of intent (LOI) to acquire the project from Marindi Metals
Peabody Clears Legal Hurdle for Its Wilpinjong Coal Mine Extension Plan, Australia
June 26, 2018
A legal challenge to Peabody Energy’s planned extension of its Wilpinjong thermal coal mine in the Australian state of New South Wales has been dismissed this week by the state’s Land and Environment Court. A local residents group had challenged
AngloGold Secures Ghana’s Approval for Obuasi Gold Mine Redevelopment
June 26, 2018
The Ghanaian parliament has given its formal consent to the redevelopment of the Obuasi Gold Mine, owned 100 percent by AngloGold Ashanti in Ghana’s Ashanti Region. According to AngloGold Ashanti, the parliament has ratified the regulatory and fiscal agreements covering
Kaunis Iron Restarts Kaunisvaara Iron Ore Mine, Sweden
June 26, 2018
Kaunis Iron is the name of the new company now ready to restart the mine with a targeted output of two million tons annually when full production is achieved by first quarter 2019. Later, production might increase. Iron quality in
Trade War with China Could Hit Coal Country
June 26, 2018
President Donald Trump’s escalating trade war with China might harm a constituency he highly prioritizes: coal country. Trump has placed great emphasis on the struggles of the U.S. coal industry since entering the political scene. He promised to breathe life
Hundreds in Germany Demand End to Coal, Despite Government Spending Billions to Do So
June 26, 2018
Environmental activists marched through Berlin to protest Germany’s use of coal, even though the country has already spent a fortune to end its reliance on coal-generated electricity. Hundreds of protesters took to the streets of Berlin’s government district on Sunday
Boreal Metals Kick-starts Exploration at Modum Cobalt Project, Norway
June 25, 2018
Boreal Metals, a Canadian mineral exploration company has launched its field work and exploration campaigns at the recently acquired Modum cobalt project in southern Norway. Acquired in February from EMX Royalty through a share-exchange deal, the Modum cobalt project surrounds
EMR Capital to Acquire BHP’s Cerro Colorado Copper Mine, Chile
June 21, 2018
Mining giant BHP has agreed to offload its Cerro Colorado copper mine in Chile to EMR Capital, a specialist resources private equity manager, in a deal worth up to $320m. Located in the Atacama Desert in northern Chile, the Cerro
Rio Tinto to Invest $2.2 Billion on Replacement Iron Ore Mines, Western Australia
June 21, 2018
Mining giant Rio Tinto has revealed its plans to spend about $2.2bn over the next three years on replacement mines for its iron ore production in Western Australia’s Pilbara region. Initial funding will be allocated for the developments of the
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