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

First Quantum Suspends Operations at Cobre Las Cruces After Land Slippage, Spain

January 25, 2019

First Quantum Minerals Ltd. said that during the early morning hours of January 23, a land slippage occurred on the slope of the northern zone of the open pit mine in the Cobre Las Cruces (CLC) mining hydrometallurgical complex, located

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Glencore Appoints New Executives to Operate Katanga Mining

January 24, 2019

Commodity trader Glencore has tightened its control on Katanga Mining with the appointment of new executives and the signing of a management services contract to operate its troubled copper and cobalt business in the Democratic Republic of Congo (DRC). Glencore

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Fatality at Harmony Gold’s Phakisa Gold Mine, South Africa

January 24, 2019

A mine worker died following a fall at the Phakisa gold mine near Welkom on Tuesday morning. “Harmony Gold Mining Company Limited regrets to advise that one of its employees was fatally injured following a fall of ground incident at

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MOD Resources Raises $15 Million to Advance T3 Copper Project, Botswana

January 24, 2019

MOD Resources announced that it has raised $15m capital to advance the T3 Copper Project in Botswana. The majority of funds are expected to be used for working capital to advance the T3 Copper Project, towards production and procuring additional

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Tlou Energy Highlights Excellent Progress at Botswana Coal Bed Methane Project

January 24, 2019

Tlou Energy Ltd said excellent progress has so far been made with the drilling operation at its Botswana coal bed methane (CBM) project, which began recently. In its third quarter report, Tlou also highlighted that it has submitted an environmental

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Ghana Government Expected to Receive $2.2 Billion from Reopened Anglogold Ashanti Mine

January 24, 2019

Government is expected receive direct taxes of about $2.2 billion from the reopened Anglogold Ashanti Gold Mine, should they meet the target of producing an estimated 500,000 ounces of gold each year. This follows plans by the company to also

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Lucapa’s Mothae Mine Exceeds Expectations, South Africa

January 24, 2019

The Mothae mine in Lesotho is performing better than expected since reaching commercial production in the fourth quarter. The asset is producing 3.94 carats per 100 tonnes, compared to the initial resource guidance of 1.92 carats per 100 tonnes, the

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European Space Agency Plans to Start Mining for Natural Resources on the Moon

January 24, 2019

The European Space Agency plans to start mining for water and oxygen on the moon by 2025. The agency announced Monday it has signed a 1-year contract with European aerospace company ArianeGroup to explore mining regolith, also known as lunar

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Hitachi Signs MOU with Commonwealth Scientific and Industrial Research Organisation

January 23, 2019

Hitachi has signed a memorandum of understanding (MoU) with the Commonwealth Scientific and Industrial Research Organisation (CSIRO) to illustrate a commitment to cooperate in areas of research and development and social innovation through collaborative creation. Examples of potential cooperation identified

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Alrosa to Launch Diamond Mining in Zimbabwe

January 22, 2019

The Russian diamond producer, ALROSA, has announced plans to launch mining operations in Zimbabwe. The news was announced during Zimbabwe’s President, Emmerson Mnangagwa’s trip to Moscow. “Today we see opportunities for a new stage of our partnership. We are ready

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