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

Coronavirus Outbreak Expected to Halt Coking Coal Exports to China Amid Border Curbs

February 3, 2020

Two of China’s closest trading partners Mongolia and Russia plan to restrict border crossings to prevent a further spread of the coronavirus outbreak, which is expected to halt coking coal exports to China. Border authorities in Mongolia have enforced temporary

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Barrick’s Kibali Mine has Record Year, Congo

January 28, 2020

Kinshasa, Democratic Republic of Congo — Barrick Gold Corporation said Monday its Kibali mine beat its 2019 production guidance of 750,000 ounces of gold by a substantial margin, delivering 814,027 ounces in another record year. Barrick President and Chief Executive

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WesTrac to Build World-Leading Autonomous Training Facility in Collie, Australia

January 28, 2020

Caterpillar dealer WesTrac has announced it will build a technology training facility in Collie focused on providing courses in autonomous operations. The center will be the only Caterpillar Autonomous Training Facility in the world apart from Caterpillar’s own testing and

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South Africa Mine Fatalities Fall to Record Low in 2019

January 28, 2020

South Africa saw the lowest number of mine deaths on record last year, with 51 people killed compared to 81 the previous year, the mines ministry said on Friday. “The lowest recorded fatalities in 2019 at 51 shows that there’s

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Recovery Mission to Resume After Mine Collapse at Hefty Gold Mine, Australia

January 27, 2020

Tasmania Police has stated that it was “highly unlikely” that the missing PYBAR contract worker at the Henty gold mine in Tasmania could have survived a mine collapse. Police were continuing to work with Henty mine operator Diversified Minerals and

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Vale to Spend $8.4 Billion for Damage Repair at Brumadinho Disaster, Brazil

January 27, 2020

Vale has reserved $8.4 billion for reparation actions and indemnities due to the 2019 Brumadinhno dam collapse in Brazil. The company’s number one priority is to finish the search for 11 people still missing. To date, 259 victims have been

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Mining Executives Face Homicide Charges in Brazil Dam Disaster

January 23, 2020

Brazilian prosecutors have charged 16 people —  including the former CEO of mining giant Vale – with murder and environmental crimes over the collapse of a tailings dam which killed 270 people on January 25, 2019. The charges were announced

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Anglo American and Sirius Minerals Agree to $527 Million Takeover Deal

January 23, 2020

Anglo American has agreed to pay $527 million in a takeover deal for Sirius Minerals – presenting a lifeline to the firm operating the UK’s largest mining project. The deal, which has yet to be ratified by shareholders, would rescue

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Coronado’s Curragh Coal Mine to Resume Operations After Fatal Accident, Australia

January 21, 2020

Operations at Curragh, owned by US-based Coronado Global Resources, have been suspended since January 12 after an accident killed an employee of mine contractor Thiess during tyre replacement activity in the main workshop. The Queensland Mines Inspectorate issued a directive

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Kinross Acquires N-Mining’s Chulbatkan Project for $283 Million, Russia

January 21, 2020

Canada-based gold mining firm Kinross Gold has completed the acquisition of Chulbatkan development project, owned by Australian mining company N-Mining, for a total consideration of $283 million. Chulbatkan is a high-grade, open-pit, heap leachable project, which holds a near surface

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