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

Ivanhoe Increases Development Costs of Kakula Copper Mine to $1.3 Billion, DRC

November 14, 2019

Ivanhoe Mines said that it has raised the initial capital costs of the Kakula copper mine at the Kamoa-Kakula project in the Democratic Republic of Congo (DRC) by 18 percent to $1.3 billion. The investment has been increased by the

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Orvana Minerals to Suspend Operations at Las Tojas Gold Mine, Bolivia

November 14, 2019

Canada-based gold-copper producer Orvana Minerals has announced plans to suspend mining operations at its Las Tojas gold mine in Bolivia. The suspension will be put into place on or before the end of 2019. Las Tojas gold mine is 100

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SEMAFO Evaluates New Operating Environment After Fatalities in Convoy Attack, Burkina Faso

November 13, 2019

SEMAFO said that over the weekend they began transportation of people by helicopter from the Boungou Mine site. “Many of the people on-site need to be home with their families and to recover from last week’s incident. Myself and most

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Pioneer Cement of UAE to Develop $200 Million Greenfield Cement Project in Georgia

November 13, 2019

The UAE based Pioneer Cement Industries, part of Oman based Raysut Cement Company SAOG (RCC) is in the process of setting up a 1.2 m tonnes per annum capacity integrated cement plant in Georgia, Eastern Europe. Pioneer Cement owns concession

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Newmont Goldcorp’s Quecher Main Project Achieves Commercial Production, Peru

November 13, 2019

Newmont Goldcorp’s Quecher Main project at Yanacocha in Peru achieved commercial production safely, ahead of schedule and under budget. The full project, including future leach pad expansions, is expected to be completed for approximately $275 million of development capital which

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GoldMining to Acquire Newrange Gold’s Yarumalito Gold Project, Colombia

November 12, 2019

GoldMining has entered into an agreement to indirectly acquire the Yarumalito gold project from NewRange Gold. Located nearly 75km southwest of the city of Medellin in the Department of Antioquia in Central Colombia and approximately 40km south of GoldMining’s La

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New Coal Mining Technology Highlights China Coal & Mining Expo 2019

November 12, 2019

An intelligent coal mining technology developed by Shendong Coal Group Ltd., has highlighted the 18th China Coal & Mining Expo which was held in Beijing on October 30. The technology is co-developed by Shendong Coal Group Ltd. affiliated to China

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Residents of Soloda and Villagers Rally to Resume of Operations at Balaram Coal Mine, India

November 12, 2019

residents of Soloda and four other villages on Friday took out a massive rally demanding resumption of operations in Balaram coal mine which has been closed since October 12. Around 3,000 people of the five villages affected by Mahanadi Coalfields

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Australia’s Prime Minister Pledges to Outlaw Climate Protests

November 12, 2019

Australia’s pro-coal government threatened harsh new penalties against “apocalyptic” activism Friday as a global wave of climate protests has become increasingly disruptive for the country’s lucrative mining industry. Prime Minister Scott Morrison told a peak mining body that his conservative

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Turquoise Hill Resources Accelerates Underground Development at Oyu Tolgoi Mine

November 11, 2019

Turquoise Hill Resources is pleased to announce that Shaft 2 construction is complete and has entered into the final stages of commissioning. Shaft 2 is a 10 meter diameter shaft sunk to approximately 1.3 kilometers below the surface. This is

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