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

Resolute Mining Secures Lease Approvals for Ravenswood Expansion Project, Queensland

June 20, 2019

Resolute Mining said that the Queensland Government has granted a further three mining lease applications over areas which support the Ravenswood Expansion Project (REP). The new approvals are additional to the nine new leases granted in May 2019. The three

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Avesoro Restarts Mining and Processing Operations at Youga Gold Mine, Burkina Faso

June 20, 2019

Avesoro Resources has announced the restart of mining and processing operations at the Youga Gold Mine in Burkina Faso. The company announced that, subsequent to its announcement of June 12, 2019, negotiations have now successfully concluded between the Company’s proposed

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Howden Acquires Chasm Consulting, Adds 3D Mine Ventilation Simulation Software to Mining Portfolio

June 19, 2019

As part of Howden’s strategy to become the world’s leading provider of mine ventilation solutions, they have acquired Chasm Consulting and its world leading product Ventsim™. Providing industry-leading 3D design and simulation capability, the Ventsim™ software is widely used among

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Polish Coking Coal Imports Surge

June 17, 2019

Imports of coking coal to Polish ports have continued to rise since mid-May amid tight domestic supply of certain grades, despite regional steel and metallurgical coke output softening this year. Vessels with capacity to carry up to 730,000t of coking

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Rescue Launched for Three Miners Trapped After San José Mine Collapse, Chile

June 17, 2019

Specialized teams have begun an effort to rescue three Bolivians trapped deep underground in a mine in northern Chile, authorities said Friday. The San José mine collapsed late Thursday, trapping the men at a depth of nearly 330 feet (100

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Prophecy Begins Production and Sales At Ulaan Ovoo Coal Mine, Mongolia

June 14, 2019

Prophecy Development Corp. started operations at its Mongolian Ulaan Ovoo Coal Mine in March and approximately 21,000 tonnes of coal production and sales. Multiple local and international consumers have expressed interest to buy Ulaan Ovoo coal. With nameplate production capacity

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Barrick’s Proposed Billion-Dollar Investment in Pueblo Viejo Will Boost Its Contribution to Economy

June 14, 2019

The proposed expansion of Pueblo Viejo, already one of the world’s Tier One gold mines, includes an expansion of the mine’s processing plant and tailings capacity with an estimated initial capital investment of more than a billion dollars (100 percent

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Cazaly to Sell Parker Range Iron Ore Project to Gold Valley for $1.7 Million, Australia

June 13, 2019

Cazaly Resources has agreed commercial terms for the sale of its Parker Range Iron Ore Project to an Australia-based private diversified group Gold Valley Iron. The transaction includes the sale of its 100 percent owned subsidiary Cazaly Iron, which holds

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Velocity Minerals to Acquire Stake in Obichnik Gold Project, Bulgaria

June 13, 2019

Gold exploration and development company Velocity Minerals has signed an option agreement with Bulgarian partner Gorubso Kardzhali to acquire a 70 percent interest in the Momchil property. Velocity said that the Momchil property includes the Obichnik gold project, which has

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Mincor to Cease Mining Operations at Widgiemooltha Gold Mine, Australia

June 13, 2019

Mincor has announced that it implement an orderly wind-down of mining operations at Widgiemooltha Gold Operations (WGO) in Western Australia. Mincor Resources advises that it has completed the Strategic Review of the Company’s gold operations in Western Australia, which was

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