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International Council on Mining and Metals Strengthens Membership Requirements
February 17, 2020
The International Council on Mining and Metals (ICMM) requires companies to disclose their operations performance on a yearly basis to secure a membership. Member companies are required to disclose activities in validating that their operation performance is in line with
Harmony Gold to Acquire AngloGold Ashanti’s Mponeng Mine in $300 Million Deal
February 13, 2020
AngloGold Ashanti announced it has agreed to sell the world’s deepest coal mine to rival company Harmony Gold today. The Mponeng underground mine, in the Gauteng province, was AngloGold’s last site in South Africa and the $300 million deal could
Thermal Coal Traders Target Chinese Demand Amid Production Standstill
February 13, 2020
The impact of the coronavirus outbreak on Chinese coal has resulted in a production standstill, as the effects reverberate across the wider commodity markets and with shipowners reluctant to move their vessels into the Pacific basin, market sources said Tuesday.
University of Queensland Researchers Develop Framework for Climate Change Mitigation in Mining
February 13, 2020
University of Queensland researchers have developed a framework that aims to reduce the mining industry’s impact on climate change by accounting for sources and sinks of greenhouse gas (GHG) emissions. The proposed framework, published in Nature Geoscience, will allow the
Queensland Releases Land for Coal Exploration Program
February 13, 2020
The Queensland Government has released more than 7000km² of land in the Bowen and Surat Basins for companies for coal exploration in 2020. The latest exploration program will also include 12 petroleum and gas areas. Member for Mackay Julieanne Gilbert
Lucara Recovers 549 Carat White Gem Diamond from Karowe Mine, Botswana
February 13, 2020
Lucara Diamond is pleased to announce the recovery of an unbroken 549 carat white diamond of exceptional purity from its 100 percent owned Karowe Diamond Mine located in Botswana. The 549 carat diamond was recovered from direct milling of ore
JSW Steel Acquires Fourth Iron Mine in Odisha Auctions, India
February 11, 2020
India-based JSW Steel, a subsidiary of JSW Group, has bagged its fourth iron ore mine in the ongoing auctions in Odisha. The company emerged as the highest bidder for the Jajang iron ore block that holds estimated reserves of 39
Congolese Government Seeking Partner for Artisanal Cobalt Venture
February 11, 2020
A state-owned company set up by the Democratic Republic of Congo to purchase and market all artisanally-mined cobalt in the country may be on the lookout for a business partner. Entreprise Generale du Cobalt (EGC) was created by decree in
Terrafame Secures Permit for Proposed Uranium Recovery Plant, Finland
February 11, 2020
Terrafame has secured a permit from the Finnish government to move ahead with a proposed uranium recovery plant in Finland. The Finnish multi-metal company had applied for the uranium recovery permit in October 2017 under Finland’s Nuclear Energy Act (990/1987).
Queensland Tightens Explosives Laws for Mining Sector
February 11, 2020
The Queensland mining and quarrying industries are set to experience tighter laws surrounding explosives starting this month. Queensland is the largest user of explosives in Australia due to the size of its mining and quarrying sector. The new laws include
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