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Guyana Goldfields to Cease Mining at Rory’s Knoll Mine, Puts on Care and Maintenance
June 11, 2020
Guyana Goldfields said that mining of Phase 4 at Rory’s Knoll open pit and satellite pits has now been completed. They will continue to process stockpiles until approximately the end of June and thereafter the mine site will go into
Zijin Mining to Acquire Majority Stake in Tibet Julong Copper for $548 Million
June 10, 2020
China’s Zijin Mining Group has signed an agreement to acquire a majority stake in Tibet Julong Copper for $548 million in cash. Fujian-based Zijin is acquiring a 50.1 percent stake in Julong Copper through its wholly-owned subsidiary Tibet Zijin. The
Sierra Metals to Restart Operations in Peru, Prepares to Ramp Up to Full Capacity at Other Mines
June 9, 2020
Sierra Metals said that the Peruvian Government has activated phase two of its economic recovery plan effective June 5, 2020. Phase two includes mining and mining-related activities in Peru. The company will begin to recall required furloughed employees and contractors
Macmahon Wins $484 Million Contract Extension for Byerwen Coal Mine, Australia
June 8, 2020
Macmahon has been awarded $484.2 million contract extension from Byerwen Coal to continue work at the $1.76bn Byerwen coking coal mine in Bowen Basin in Queensland, Australia. The Byerwen open cut mine, located approximately 20km west of Glenden, was established
BMD Wins $241 Million Civil Construction Contract for Carmichael Rail Network, Australia
June 8, 2020
Adani Australia has awarded $241.3 million contract to BMD for the civil construction works related to the Carmichael Rail Network. The Carmichael Rail Network is around 200km long intended to link the Carmichael mine with the existing Goonyella rail system.
Spike in Poland’s Coronavirus Cases Linked to Zofiowka Colliery
June 8, 2020
A single coal mine in Poland’s Upper Silesia region is behind a record spike in the country’s confirmed coronavirus cases, the health ministry says. Over the weekend 1,151 new infections were recorded nationally. An outbreak among miners and their families
Aeris Resources to Acquire Evolution’s Cracow Gold Mine for $87.4 Million, Australia
June 5, 2020
Copper mining and exploration company Aeris Resources has signed an agreement with Evolution Mining to acquire the Cracow gold mine for $87.4 million. Located nearly 500km north-west of Brisbane, Cracow is a high grade, low cost underground gold mining operation
Centerra Gold Begins Commercial Production at Oksut Gold Mine, Turkey
June 5, 2020
Canadian mining company Centerra Gold has started commercial production at the Oksut gold mine located in Turkey. The gold mine is located approximately 48km south of Kayseri in south-central Turkey. Following first gold pour at the mine on January 31,
Peabody to Cut Staff at Metropolitan Coal Mine, NSW
June 3, 2020
US energy firm Peabody Energy is looking to reduce the number of workers at its 1.8mn t/yr Metropolitan coking coal mine in the Illawarra region of New South Wales (NSW), as lower prices and weaker demand weigh on Australia’s coal
Hargreaves Services Set to End Coal Mining Operations in July, UK
June 3, 2020
Hargreaves Services Plc has told investors it will cease all coal mining operations by July 2020. It said the decision will trigger some £3.7 million of exceptional costs, for the year ended May 31 2020, due to staff liabilities of
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