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Teck Secures $2.5 Billion Funding to Develop Quebrada Blanca Phase 2 Project, Brazil
August 14, 2019
Teck Resources Limited has signed a US$2.5 billion limited recourse project financing facility to fund the development of the Quebrada Blanca Phase 2 (QB2) project. Compañia Minera Teck Quebrada Blanca S.A. (QBSA), which holds the QB2 project and will be
Orca Gold Creates Côte d’Ivoire Focused Exploration Company in Combination with Avant Minerals
August 14, 2019
Orca Gold has reached with Avant Minerals where the assets of Avant will be combined with the Côte d’Ivoire assets of Orca to form a new, private mineral exploration company focused in West Africa. The new company, Montage Gold Corp.,
Savannah Resources Awarded Mining Permits for Copper Deposits, Oman
August 13, 2019
Savannah Resoources is to be awarded mining licenses over the Mahab 4 and Maqail South high-grade copper deposits near the Port of Sohar in Oman. The junior is a 65 percent shareholder in Omani company Al Fairuz Mining, which holds
Group of 200 Women in Kimberley Register for Diamond Mining Cooperative, Northern Cape
August 13, 2019
A group of 200 women who have registered a small-scale mining cooperative are looking forward to making a name for themselves. The women, who worked as illegal miners in Kimberley in Northern Cape for six years mining diamonds, were granted
Minergy’s Masama Coal Mine Produces First Saleable Coal, Botswana
August 12, 2019
Botswana’s privately owned coal mine has produced its first saleable coal that has been exported to South Africa and Namibia, the chief executive of the company that owns the mine said on Wednesday. The Masama Coal Mine has extracted roughly
Irving Resources Receives Mining Permit for Omu Gold-Silver Project, Japan
August 9, 2019
Irving Resources Inc. has received approval from the Ministry of Economy, Trade and Industry (METI) for its Omui Mine Plan covering mining and exploration related activities at its Omui mining license. Omui is part of Irving’s 100 percent controlled Omu
Indonesian Coal Mining Sector in Limbo Amid Regulation Uncertainties
August 8, 2019
The fate of seven major Indonesian thermal coal producers is hanging in the balance amid government regulation uncertainties after a mining contract for one of the miners was revoked, stoking fears of a similar rejection for other contracts coming up
Vale Posts Second Consecutive Quarterly Loss Following Brumadinho Dam Disaster in Brazil
August 6, 2019
The disaster at the Córrego do Feijão iron ore mine in southeastern Brazil has left Vale reeling from its second 2019 quarterly loss in a row. Brazilian mining conglomerate Vale has recorded a second consecutive quarterly loss in 2019, seven
Protest Begins Against Southern Copper’s Tia Maria Copper Mine, Peru
August 6, 2019
Protesters blocked a portion of Peru’s main coastal highway on Monday in the start of a new challenge to a billion-dollar copper mining project that has been a lightning rod for conflict. Protesters from the area bordering Southern Copper Corp’s
Asiamet Resources Receives Environmental Permit for BKM Copper Project, Indonesia
August 5, 2019
Asiamet Resources Ltd on Wednesday received a key permit for its BKM copper project in Indonesia. The AIM-listed miner said the environmental permit, issued by the provincial government of Central Kalimantan, will allow it to proceed with the development of
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