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Russia Plans $1.5 Billion Investment to Become Major Producer of Rare Earth Minerals
September 8, 2020
Russia is reportedly planning to invest $1.5 billion in rare earth minerals, in line with other countries that are trying to reduce their reliance on China for the minerals. The rare earth minerals are considered to be “critical” to the
Pakistan Seeking Relief from $5.8 Billion Fine Over Barrick and Antofagasto Mining Lease
September 8, 2020
Pakistan is seeking the reversal of a $5.8 billion penalty imposed by an international tribunal for denying a mining lease to an Australian company, saying that paying the fine would hinder its handling of the coronavirus pandemic. The Reko Diq
Calidus Resources Secures Environmental Approval for Warrawoona Gold Project, Australia
September 4, 2020
The Western Australian Minister for the Environment Stephen Dawson has issued environmental approval for the Calidus Resources’ the Warrawoona gold project in the Pilbara. The move marks a major milestone for the company, which aims to commence main project development
BHP Targets 50% Reduction in Emissions from Queensland Coal Mines by 2025
September 3, 2020
Australian mining major BHP is planning to reduce its emissions from electricity use at its coal mines in Queensland by 50 percent by the year 2025. The move to cut emissions is a part of the company’s effort to transition
Fair Cobalt Alliance Launched to Improve Congo Mining Conditions
September 3, 2020
The Fair Cobalt Alliance (FCA) has launched with the aim of supporting communities and improving mining conditions in the Democratic Republic of Congo (DRC). Around two-thirds of global cobalt production comes from within the African country, and roughly one-fifth of
OZ Minerals’ Carrapateena Copper-Gold Mine Celebrates Opening, South Australia
September 1, 2020
From idea to operation in five years, the outback’s Carrapateena Mine is well above the national benchmark for realizing a resources’ dream. This is according to OZ Minerals Chief Executive Andrew Cole. The mine’s achievement was celebrated on Friday at
Australian Regulator Approves Newcastle Coal Access Port
September 1, 2020
Australia’s anti-competition regulator has made a final ruling that allows 10 coal producers to collectively negotiate with the port of Newcastle on terms and conditions of access for coal exports, including prices. The final determination ruling today follows a draft
Shanta Gold Acquires Barrick Gold’s Kenya Gold Projects
August 26, 2020
East African gold mining company Shanta Gold has completed the acquisition of 100 percent stake in Acacia Exploration Kenya (AEKL), a subsidiary of mining company Barrick Gold. The 100 percent of the shares in AEKL were acquired from three of
Fura Gems to Acquire Australian Mining Group Great Northern Mining
August 26, 2020
Fura Gems Inc, the gemstone mining and marketing company, is to acquire Australia-based Great Northern Mining, which boasts 73 leases, in a deal worth approximately C$2.86 million, or A$2.9 million. Toronto-based Fura will pay around C$2,860,632 to vendor Mosley Mining,
Papua New Guinea Demands China Explain COVID-19 Vaccine Trial on Miners
August 25, 2020
Papua New Guinea blocked the arrival of a flight carrying workers from China after a Chinese mine operator said its employees were given a coronavirus vaccine in a possible unauthorized trial, authorities said Friday. The Pacific nation’s pandemic response controller,
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