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Erdene Completes Bankable Feasibility Study Results for Bayan Khundii Gold Project, Mongolia
July 23, 2020
Erdene Resource Development Corp. has released the results of an independent bankable feasibility study (BFS) for the 100 percent owned, high-grade, open-pit Bayan Khundii Gold Project (BK Project) in southwest Mongolia. The independent BFS incorporated detailed mine design and scheduling,
Adani Revs Up Work on Carmichael Coal Mine, Australia
July 22, 2020
Adani’s excavator and mine trucks revved up this week to begin work at the open cut mine to remove the layers of overburden above the coal seams. Adani Mining CEO David Boshoff said work to remove the rock, known as
Pan American Silver Suspends Operations at Huaron and Morococha Due to COVID, Peru
July 21, 2020
Pan American Silver is moving its Huaron and Morococha operations in Peru into care and maintenance in response to several workers at the mines recently testing positive for COVID-19. Testing and tracing of the COVID-19 virus are part of the
Vietnam Begins Coal Imports from U.S.
July 20, 2020
Vietnam has received its first coal shipment from the U.S., paving the way for further imports amid rising demand to produce electricity. Over 21,700 tons arrived this month in the northern province of Quang Ninh from California, state-owned coal mining
Coronado to Boost Output at Curragh Coal Mine, Australia
July 15, 2020
US-Australian mining firm Coronado Coal is reviewing the plan for its Curragh mine in Queensland to try to boost production, as it expects coking coal prices to be supported in the coming months by strong demand from China and a
China Coal Producers Yankuang and Shandong Energy to Merge
July 15, 2020
Major Chinese coal producers Yankuang and Shandong Energy are planning to merge, in a deal that would create one of the country’s largest coal mining firms. The announcement came after Yankuang’s listed subsidiary, Yanzhou, said yesterday that Yankuang and Shandong
Triple Flag Signs $550M Streaming Deal for Northparkes Copper-Gold Mine, Australia
July 15, 2020
Triple Flag Precious Metals has signed a $550 million streaming agreement with China Molybdenum for gold and silver deliveries from the Northparkes copper-gold mine located in New South Wales, Australia. The deal has been signed by Triple Flag Mining Finance
Shandong Gold Mining to Acquire TMAC Resources for $149 Million
July 14, 2020
TMAC Resources has entered into a definitive agreement with Shandong Gold Mining Co. Ltd. to which SD GOLD has agreed to acquire all of the outstanding shares of TMAC at a price of C$1.75 per share (the “Offer Price”) in
Adani Awards Contract to G&S Engineering to Build Coal Handling Plant, Australia
July 13, 2020
Mackay-based G&S Engineering, a wholly owned subsidiary of DRA Global Ltd, will build Adani’s Coal Handling Plant, having been awarded a contract to deliver the project. Adani Mining CEO Lucas Dow said G&S Engineering was a leading provider of services
Thiess Wins $1.7 Billion Contract Extension for Lake Vermont Coal Mine, Queensland
July 13, 2020
Australian mining services provider Thiess has secured A$2.5 billion ($1.7 billion) contract extension with Jellinbah Group for the Lake Vermont coal mine in Queensland. Lake Vermont coal mine is one of the operating mines of the Queensland-based coal company. After
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