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South Africa to De-register Militant Mining Union AMCU
April 30, 2019
Reuters reported that South Africa’s labor registrar said he intended to de-register the militant Association of Mineworkers and Construction Union for breaking rules on how unions should operate, a move which could reshape the balance of power on the country’s
CITIC Metal to Acquire Additional Stake in Ivanhoe Mines for $454 Million
April 29, 2019
Chinese conglomerate CITIC’s subsidiary CITIC Metal has agreed to acquire an additional 10 percent stake in Canadian mining company Ivanhoe Mines for C$612 million ($454 million). The equity investment to be made through its subsidiary CITIC Metal Africa Investments will
Eight Companies File for Large-Scale Mining Permits in Myanmar Region
April 29, 2019
Myanmar Times reported that 8 foreign mining companies have applied for permits to conduct large-scale mining exploration projects in Myanmar. Mr. U Ather Hlaing, director of the Department of Geological Survey and Mineral Exploration, told Myanmar Times “The government has
Tanzanian Minister Orders Suspension of Gold Processing Amid Smuggling Claims
April 29, 2019
Tanzanian Minister for Minerals Dotto Biteko on Sunday ordered all gold-processing plants in the southern highland region of Songwe to suspend production following reports of smuggling out of the country. “Intelligence reports show that some of the gold processors are
Okavango Diamond’s New Blue Diamond Competes With World’s Largest Diamond
April 29, 2019
Botswana has unveiled a blue diamond whose value could outstrip that of the storied Hope Diamond: the 20.46-carat, close-to-flawless Okavango Blue. The diamond was presented in Gaborone, Botswana by the state-owned Okavango Diamond Company. Found as a 41.11-carat rough stone
Zimbabwe Attracts Two New Investors to Develop Platinum Mining
April 25, 2019
Zimbabwe will in coming weeks name two new investors who will develop separate platinum mining projects west of the capital as the country ramps up mining output in an attempt to ease a severe dollar shortage, the mines minister said
Russia’s Alrosa to Invest $157 Million to Extend Life of Aikhal Underground Diamond Mine
April 25, 2019
Located in the Sakha (Yakutia) Republic in eastern Siberia, Russia, the Aikhal underground mine is planned to be further developed to replenish the raw material base, and sustain more than 500 jobs. The mine extension project, which involves stripping and
Sandvik and Codelco Partner for Automation and Digitalization at Chuquicamata Mine, Chile
April 25, 2019
Sandvik announced that it will deliver its AutoMine and OptiMine solutions to Codelco for its Chuquicamata mine in Chile, to transform it into an advanced underground mine in the world. Codelco is converting Chuquicamata mine from open cast to an
Laneway Achieves First Gold Pour at Agate Creek Project, North Queensland
April 25, 2019
Laneway Resources announced that the first gold pour took place yesterday from the mining of high-grade ore at the Sherwood deposit within the 100 percent owned Agate Creek Gold Project in North Queensland. The Company has brought the project into
Tata Hitachi Closes Jamshedpur Facility, Moves Operations to Kharagpur, Bengal
April 25, 2019
Construction and mining equipment maker Tata Hitachi is moving a large operation based in Jharkhand to Kharagpur, a development that may bode well for Bengal which is seeking marquee names to decorate its industrial landscape. The company plans to shut
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