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

Jindal Steel Starts New Met Coke Oven at Angul Plant, Chattisgarh

December 17, 2019

Indian steel producer Jindal Steel and Power (JSPL) has commissioned the fourth coke battery at its Angul steel plant, covering the plant’s metallurgical coke requirements. The new coke oven has four batteries, each of which has 45,000 t/month of capacity,

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Drummond Ordered to Halt CBM Gas Production Under Temporary Ruling, Colombia

December 17, 2019

Colombia’s high administrative court ordered coal miner Drummond to halt coal bed methane (CBM) gas production. The temporary ruling tasks the mines and energy ministry and hydrocarbons regulator ANH to enforce the suspension of CBM production at the Caporo field,

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Shanta Returns High Grade Gold in Exploration Drilling at New Luika Mine, Tanzania

December 17, 2019

Shanta Gold Ltd has revealed results from its latest round of exploration drilling at the producing New Luika Gold Mine in South Western Tanzania. A total of 66 reverse circulation and diamond core holes were drilled, amounting to over 7,410

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Teranga Gold to Acquire Barrick’s Massawa Project for $430 Million

December 16, 2019

Canada-based mining company Barrick Gold and its Senegalese joint venture partner have signed an agreement to offload a 90 percent stake in the Massawa project to Teranga Gold in Senegal for up to $430 million. Massawa is one of the

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Aspire Mining Signs MOU with Sinosteel MECC to Develop Ovoot Coal Project, Mongolia

December 16, 2019

Australia-based metallurgical coal and infrastructure company, Aspire Mining has signed a Memorandum of Understanding (MoU) with Sinosteel Equipment & Engineering (Sinosteel MECC) to develop the Ovoot coking coal project in Mongolia. Located in the Khuvsgul province in north-western Mongolia, the

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Indonesia Adds Value to Mining Industry, Invests in Downstream Processing Facilities

December 13, 2019

Creating mining and minerals processing infrastructure to increase Indonesia’s mineral value while strengthening downstream processing capabilities has been at the core of the Indonesian mining authority and mineral export laws since 2009. PT Borneo Alumina Indonesia has appointed a Black

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Severe Blackouts Shut Down Mines Amid South Africa Power Crisis

December 12, 2019

South Africa is facing severe electricity crisis, causing power cuts and mine closures. President Cyril Ramaphosa has had to cut short his official visit to Egypt and come home to deal with the problem. South Africa’s state-owned energy company Eskom

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Tanzanian Gold to Begin Production at Buckreef Gold Project, Tanzania

December 10, 2019

Tanzanian Gold has announced that it plans to commence production at the Buckreef gold project in Tanzania. Located in north-central Tanzania immediately to the south of Lake Victoria and 110km southwest of Mwanza, the project was acquired by Tanzanian Royalty

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Gold Road Resources and Gold Fields Open $423 Million Gruyere Gold Mine, Australia

December 10, 2019

Gold Road Resources and Gold Fields have officially opened the $423.46 million Gruyere gold project in Western Australia. The gold mine, which is a 50:50 joint venture between the two mining firms, was inaugurated during a ceremonial event by Western

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Zijin Mining to Acquire Continental Gold for $1 Billion

December 10, 2019

Chinese mining company Zijin Mining Group has agreed to acquire Canada-based Continental Gold in an all-cash deal worth $1.05 billion. The deal gives the Chinese firm access to Continental Gold’s key asset, the Buriticá gold project in Colombia. Continental Gold

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