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Endeavour Mining to Acquire West Africa-focused Teranga Gold in C$2.4 Billion Deal
November 19, 2020
Endeavour Mining Corporation is acquiring West Africa-focused gold miner Teranga Gold Corporation in a C$2.4 billion deal to form a top 10 gold producer. The news confirms speculation last week that Endeavour would buy Teranga, a low-cost, mid-tier gold producer
OZ Minerals to Invest $34 Million for Prominent Hill Mine Expansion, Australia
November 17, 2020
Mining firm OZ Minerals is planning to invest A$47 million ($34.1 million) for the expansion of its Prominent Hill copper-gold mine in South Australia. A significant part of the investment is planned to be used for the further infill drilling
Storm Wreaks Havoc at BHP’s Peak Downs Mine, Queensland
November 17, 2020
A central Queensland mine is in the process of a big clean-up after a storm flattened a workshop and a large shed, prompting calls from the mining union for a safety audit of all structures on mine sites. The
Australia Seaborne Met Coal Remains Under Pressure Following Chinese Import Ban
November 17, 2020
Continued oversupply pressured the Australian coking coal price amid ongoing Chinese import restrictions. Sources pointed to expectations of increasing diversion of Australian coking coal sales away from China, with continued uncertainty over the lifting of import restrictions in January. While
Ramelius Resources Moves Forward with Development of Penny Gold Project, Australia
November 12, 2020
Ramelius Resources has announced its decision to move ahead with the development of the Penny gold project in Western Australia, following a positive feasibility study. The project is located approximately 20km south of Youanmi or 170km by road south-east of
Pilbara Minerals to Acquire Altura’s Lithium Project for $175 Million, Australia
November 3, 2020
Pilbara Minerals has reached an implementation deed with the senior secured loan noteholders of Altura, in order to acquire Altura Lithium Project for around $175 million. The Altura project is owned and operated by Altura Lithium Operations (ALO) a wholly
Australia Pacific Coal Wins Dartbrook Thermal Coal Mine Appeal
November 3, 2020
The NSW Independent Planning Commission has agreed in the Land and Environment Court to allow APC to continue mining until December 2027 rather than December 2022, subject to conditions relating to site rehabilitation and noise. The five-year extension could allow
Sandfire Resources to Acquire 85% Stake in Red Bore Copper Project, Australia
November 3, 2020
Australian mining company Sandfire Resources has reached agreement to acquire about 85 percent joint venture stake in the Red Bore copper project in Western Australia. The project is located in the Doolgunna Region of the Murchison mineral field approximately 900km
BHP Commits to Copper Mark Responsible Production Framework
November 3, 2020
BHP has submitted its Letter of Commitment to the Copper Mark Responsible Production Framework. The Copper Mark is a credible assurance framework to demonstrate the copper industry’s responsible production practices and contribution to the United Nations Sustainable Development Goals. The
Gratomic One Step Closer to Completion of Aukam Processing Plant, Namibia
October 30, 2020
Gratomic has received its custom drying and dewatering equipment to its Aukam mine site, allowing the company to complete construction of its on-site graphite processing plant. The equipment was shipped from China and was recently received at Walvis Bay Port
