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

Syrah Resources Declares Commercial Production at Balama Graphite Operation, Mozambique

January 15, 2019

Syrah Resources Ltd has declared commercial production at its Balama Graphite Operation in Mozambique following a review of operating metrics. The review determined that the various criteria to achieve this status were met with effect from January 1, 2019. GRAPHITE

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Unmanned Vehicles Being Used to Rescue Miners in India

January 15, 2019

The Navy has deployed five remotely-operated vehicles (ROVs) to rescue 15 miners trapped inside an illegal coal mine in Meghalaya for a month, the state government told the top court on Friday. Located on top of a hillock fully covered

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Illegal Mining Wreaks Havoc Across India

January 15, 2019

The mining mafia, which undertakes illegal mining of coal, iron ore, sand, bauxite, chromite and sand, has tremendous reach across different Indian states. And it is only when a disaster strikes illegal mining, as happened last month in the north-eastern

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Newcrest Mining and TCS Partner to Set Up Digital Operations Center in India

January 14, 2019

Newcrest Mining has signed a collaboration agreement with Tata Consultancy Services (TCS) to create an Innovation and Digital Operations Center (IDOC) in India. “At Newcrest, we are committed to being leaders in technology and innovation. We are always seeking out

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DRA Global Secures EPC Contract for Diversified Minerals’ Dargues Gold Mine, Australia

January 14, 2019

DRA Global has secured the engineering, procurement and construction (EPC) contract for the Dargues Gold Mine in New South Wales, Australia. Dargues is being owned by Diversified Minerals, an associated company of PYBAR Mining Services Pty Ltd; a leading underground

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Dacian Gold Declares Commercial Production at Mt Morgans Mine, Western Australia

January 14, 2019

Dacian Gold announced that it has declared Commercial Production at its 100 percent‐owned Mt Morgans Gold Operation (MMGO) near Laverton in Western Australia. The declaration, which was made on January 1, 2019, followed combined mining rates across the operation achieving

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India Forecasts Drop in Copper Concentrate Exports from Grasberg Mine

January 14, 2019

Indonesia’s shipment of copper ores from Grasberg mine, the world’s second largest copper mine, will drop significantly this year due to lagging of production for shifting of operation to underground from open pit mining, a senior official said on Wednesday.

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Freeport-McMoRan Completes Mining Rights Transaction with Government of Indonesia

January 11, 2019

Freeport-McMoRan Inc. (FCX) has completed its transaction with the Indonesian government regarding PT Freeport Indonesia’s (PT-FI) long-term mining rights and share ownership. FCX expects its share of future cash flows of the expanded PT-FI asset base, combined with the cash

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China Molybdenum, Sumitomo Receive Final Approval for New Block Cave Mine at Northparkes Mines

January 10, 2019

China Molybdenum Company and Sumitomo have announced the final approval of a new block cave mine at Northparkes Mines near Parkes. The investment will be more than $200 million over a three-and-half-year period, with construction scheduled to commence this month

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Newmont Declares Commercial Production at Subika Underground Mine, Ghana

January 9, 2019

Newmont has achieved commercial production at the Subika Underground project, adding higher-grade, lower-cost gold production at the Ahafo mine in Ghana. Subika Underground represents Newmont’s third profitable expansion in 2018 and its tenth completed project since 2013. Subika Underground was

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