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

IAMGOLD Suspends Operations at Rosebel Gold Mine Due to COVID-19, Suriname

June 18, 2020

IAMGOLD Corporation said that seven personnel at its Rosebel Gold Mine operation in Suriname have been diagnosed with COVID-19. The individuals have been quarantined and are receiving medical care as appropriate. Disinfection of their living quarters and work areas, along

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Queensland Offers $7 Million in Exploration Grants for Development of New Mines

June 17, 2020

The Queensland government has announced the availability of AUD10 million ($6.9 million) in exploration grants to speed up the development of new mines. The new package is aimed at boosting exploration of new economy minerals and support mine technology innovators

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Zijin Mining Group to Acquire Guyana Goldfields for $236 Million

June 17, 2020

Canadian gold miner Guyana Goldfields has agreed to be acquired by Zijin Mining Group, a Chinese mining company, for about $236.14 million. In this connection, the parties have entered into a binding arrangement agreement under which the Chinese firm will

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India’s Top Coal State Seeks Auction Delay

June 17, 2020

India’s leading coal-producing state has sought to delay the auctioning of coal blocks for commercial mining as it fears weak participation from domestic and global firms amid the Covid-19 pandemic. The request from India’s eastern Jharkhand state, which accounts for

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Lundin Gold Begins Steps to Resume Operations at Fruta Del Norte

June 16, 2020

Lundin Gold’s first phases for restart of operations at Fruta del Norte are well underway. The company has shipped all of the concentrate and doré that had been stored at site since the suspension of operations on March 22, 2020.

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Novo Resources to Acquire Mt. Elsie Gold Project, Western Australia

June 16, 2020

Novo Resources has entered into a binding terms sheet to acquire three exploration licenses (Mt. Elsie Projec) comprising an area of approximately 19km2 located 75 km north-east of the town of Nullagine, Western Australia and adjacent to numerous Novo wholly-owned

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Glencore’s $1.5 Billion Coal Mine a Step Closer After Queensland Grants Special Status

June 15, 2020

The Switzerland-based mining company Glencore will push ahead with a proposed $1.5 billion open-cut coalmine after the Queensland government announced it had granted the project special status on Friday. The Queensland government’s decision will bring environmental and other assessments for

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Rio Tinto and BHP in Damage Control After Call for Mining Halt, Australia

June 15, 2020

Calls are growing for an immediate halt to mining operations in the Pilbara that have been approved under Western Australia’s “archaic” Aboriginal heritage laws and the Senate will hold an urgent inquiry, as international outrage from investors pushes big mining

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Mine Halt at Anglo American’s Grosvenor Mine Causes Gas Levels to Rise, Queensland

June 12, 2020

Anglo American has reported an increase in gas levels at the Grosvenor coal mine in Queensland due to the oxidation of coal while mining activities remain in suspension. This did not surprise the company, which has been monitoring gas levels

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Chinese Plants Switch to Domestic Coal on Import Curbs

June 12, 2020

Some Chinese coastal utilities are stepping up the restocking of coal amid strong power demand, but they are increasingly forced to turn to domestic coal as they are running out of import quotas. This is supporting China’s domestic spot coal

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