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Fortescue Denied Legal Challenge Over Solomon Indigenous Land Rights, Australia
June 1, 2020
Fortescue Metals Group has lost a significant legal challenge in Australia’s High Court, paving the way for a series of compensation claims from indigenous groups for use of their land. The world’s fourth-biggest iron ore miner had sought to overturn
Mincor Awards Contract to Pit N Portal for Kambalda Nickel Mine, Australia
June 1, 2020
Mincor Resources has awarded an underground mining contract to Pit N Portal for its 100 percent-owned Kambalda nickel operations in Western Australia. Pit N Portal has secured a 5-year underground mining contract for the new Cassini nickel mine, for which
Barrick Pays $100 Million to Tanzania Government After Gold Shipments Restart
June 1, 2020
Barrick Gold’s Tanzania subsidiary Twiga Minerals has made $100 million initial payment to Tanzanian Government, following the sale of first shipments of gold concentrate from the African country. The firm resumed exports of gold concentrate from Tanzania, upon securing clearance
New Century Resources in Talks with Vale to Acquire Goro Mine
May 29, 2020
Brazilian miner Vale’s Canadian subsidiary and Australia-based New Century Resources have entered into exclusive talks regarding the sale of the former’s producing Goro nickel-cobalt mine (Goro mine) in New Caledonia. In this connection, New Century Resources has commenced a 60-day
Downer Wins $294 Million Contract for Fortescue’s Eliwana Iron Ore Mine, Australia
May 29, 2020
Downer EDI has won a contract from Fortescue Metals Group to provide early mining and maintenance services at the Eliwana iron ore mine. Valued at around A$450 million ($294.2 million), the 5-year contract is the second Eliwana project package to
Otso Gold Names Tetra Tech to Complete Feasibility Study to Restart Otso Gold Mine, Finland
May 28, 2020
Otso Gold has appointed Coffey Geotechnics, a Tetra Tech Company, to complete and publish an updated NI 43-101 feasibility study for the restart of the Otso Gold Mine. Tetra Tech is running a live model to support and optimize the
Australian State of Victoria Grants Payment Deferrals to Help Mining Firms Survive Coronavirus
May 27, 2020
Policymakers in the Australian state of Victoria have moved to support the region’s mining industry through the coronavirus crisis by deferring the collection of rents and annual fees. The policy amounts to an immediate saving of around 3.5 million Australian
Peabody to Suspend Operations for 59 Days at Wambo Underground Coal Mine, Australia
May 27, 2020
US energy firm Peabody will close its 2.5mn t/yr Wambo underground thermal and semi-soft coking coal mine in New South Wales (NSW), Australia to align production with weaker demand and offset the effect of lower coal prices. The firm will
Operations Halted at AngloGold Ashanti’s Mponeng Mine After COVID-19 Outbreak, Africa
May 27, 2020
Operations at the world’s deepest gold mine, in South Africa, have been halted after 164 cases of coronavirus were detected there. The Mponeng mine, like all others in the country, resumed operations last month after being closed in March as
Pembroke Resources’ Olive Downs Coal Project Receives Federal Environmental Approval, Queensland
May 26, 2020
Pembroke Resources has received approvals from the Department of Agriculture, Water and the Environment under the Environment Protection and Biodiversity Conservation (EPBC) Act for its Olive Downs Coking Coal Project in Central Queensland. The EPBC approvals, together with the grant
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