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NEWS Click on text to read news by category: General | Product | People | Worldwide

AfriTin Begins Construction on Uis Tin Mine’s Processing Plant, Namibia

June 7, 2018

AfriTin Mining said that it has started civil construction works on the processing plant of its Uis brownfield tin mine located in western Namibia. The London-based tin mining company has appointed contractors to handle the phase 1 of the construction

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Nevsun Begins Construction of Exploration Decline at Timok Copper-Gold Project, Serbia

June 7, 2018

Canadian miner Nevsun Resources has broken ground at the Timok Upper Zone (Cukaru Peki) copper-gold project in Bor, Serbia. The company has commenced the construction of the exploration decline at the project, which is located inside the central zone of

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Hunt Mining Signs First Gold Concentrate Agreement With Ocean Partners USA

June 6, 2018

Hunt Mining Corp. has signed an offtake agreement with Ocean Partners USA, Inc. for the delivery of gold-silver concentrate from the La Josefina Project located in Santa Cruz Province, Argentina. As part of this agreement, Hunt will receive a US

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Rio Tinto Committed to Domestic Power Solution for Oyu Tolgoi, Mongolia

June 6, 2018

Rio Tinto continues to work with its partners to develop the best solution for a domestic power supply for the Oyu Tolgoi operation, following the Government of Mongolia’s cancellation of the Southern Region Power Sector Cooperation Agreement (PSCA). The decision

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Triton Minerals to Move Ahead with Ancuabe Graphite Project, Mozambique

June 5, 2018

Australia-based Triton Minerals said that its board has given its nod to move ahead with the development of the A$99m ($76.04m) Ancuabe Graphite Project in Mozambique. The ASX-listed resources company said that construction on the project is anticipated to begin

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Rio Tinto Sells Winchester South Coal Mine Stake to Whitehaven Coal for $200 Million

June 5, 2018

Mining giant Rio Tinto has completed its $200m sale of its 75 percent stake in the Winchester South coking coal project in the Australian state of Queensland to Whitehaven Coal. The two parties had entered into an agreement in this

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Sojitz to Acquire BHP and Mitsubishi’s Gregory Crinum Coal Mine for $100M, Australia

June 5, 2018

Japan’s Sojitz has agreed to acquire the Gregory Crinum coking coal mine in central Queensland, Australia from BHP Billiton and Mitsubishi Development for A$100m ($75.8m). BHP and Mitsubishi, currently own the mine through a 50:50 joint venture named BHP Billiton

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Sumatra Suspends Operations at Tembang Gold-Silver Mine, Indonesia

June 5, 2018

Sumatra Copper & Gold announced that it has temporarily suspended open pit mining activities at its Tembang gold-silver operation located in southern Sumatra, Indonesia. With the scheduled completion of the Berenai open pit mine this month, the majority of the

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Four Fatalities in Mine Collapse at Quetta Coal Mine, Pakistan

June 4, 2018

Four coal mine workers were killed on Sunday when a part of a mine located in the Sanjadi area of Quetta collapsed, officials said. Initial investigations reveal that the mine collapsed due to a gas explosion, Chief Inspector Mines Iftikhar

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FMG Approves Development of Eliwana Iron Ore Mine and Rail Project, Australia

June 1, 2018

Fortescue Metals Group advised that the Board has approved the development of the Eliwana mine and rail project, located in Western Australia’s Pilbara region. Eliwana Highlights • Estimated capital cost of US$1.275 billion • 143 kilometers of rail, a new

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