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Barrick Gold Unveils Expansion Plans in Tanzania
October 29, 2020
Barrick Gold has secured 10 new exploration licenses in Tanzania with plans to spend $8 million on exploration this year. The Canadian mining company oversees the management of its assets in the African country through a joint venture called Twiga
Ncondezi Energy Submits Historical Cost Audit for Mozambique Power Project and Mine
October 29, 2020
Ncondezi Energy Limited said it has submitted a historical cost audit report to China Machinery Engineering Corporation (CMEC) for its Ncondezi integrated 300 megawatt (MW) power project in Tete, Mozambique. The AIM-listed firm said the report covers Ncondezi development expenditure
Newcrest Combats Mental Health with Thinking Well Program During COVID Crisis
October 27, 2020
Newcrest Mining has introduced a program called Thinking Well to address mental health and the challenges COVID-19’s had on its employees. This follows company health and hygiene reviews that were aimed to identify risks to people, including mental health illness,
Support from Barrick and Financial Sector in the Dominican Will Exceed $25 Billion in 2021
October 27, 2020
Barrick Gold’s support for the government to ensure that there are no new taxes will be an advance of some US$47 million in royalties by 2020, independent of the payment of its regular taxes. But the biggest support will come
Mawson Gold Becomes Founding Member of European Raw Materials Alliance
October 27, 2020
Mawson Gold Ltd said it had become a founding member of the newly established European Raw Material Alliance (ERMA), which aims to bolster the bloc’s economy, supply chains and investment into the raw materials sector. “The EU has identified raw
BHP Scraps $2.1 Billion Olympic Dam Mine Expansion Plan, South Australia
October 22, 2020
Anglo-Australian mining company BHP has dropped its plans for a A$3 billion ($2.1 billion) expansion of its Olympic Dam mine in South Australia, following the studies of the ore body revealed weaker than expected results. Located in the Stuart shelf
RPT-Freeport Does Balancing Act as Grasberg Mine Grapples with COVID-19 in Papua, Indonesia
October 22, 2020
When miners at Indonesia’s giant Grasberg gold and copper mine started testing positive for coronavirus early in the pandemic, the mountain-top mining complex was quickly locked down with a skeletal staff left in place to maintain production. But as months
Anglo American Launches World-first Remote Multi-pass Drill at Dawson Coal Mine, Queensland
October 22, 2020
Anglo American has developed the world’s first remote multi-pass drill at the Dawson coal mine in Queensland as it transitions to controlling the site from a remote operations center. It is the first known rotary blasthole drill rig that has
CIMIC to Sell 50% Stake in Mining Services Subsidiary Thiess to Elliott for $1.5 Billion
October 22, 2020
CIMIC Group has agreed to sell a 50 percent stake in its fully-owned mining services subsidiary Thiess to funds advised by Elliott Advisors (UK) for AUD2.15 billion ($1.52 billion). Thiess provides open cut and underground mining services across Australia, Asia,
Chilean Miner Trapped Underground Ten Years Ago Recalls Rescue
October 22, 2020
The spectacular rescue a decade ago of 33 miners trapped for two months underground in Chile´s far-flung Atacama desert made headlines around the world. One of the survivors recalled in an interview with Reuters on Monday the drama of the
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