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Byrnecut Secures Underground Mining Contract for Sanbrado Gold Project, Africa
November 29, 2018
West African Resources has awarded an underground mining contract for the Sanbrado Gold Project (Sanbrado), to Byrnecut Burkina Faso (Byrnecut). Highlights • Underground mining contract for M1 South awarded to Byrnecut • Contract amount to be US$110M over five years
Eurasian Resources Secures Power Supply for Its Frontier Copper Mine, DRC
November 29, 2018
Eurasian Resources Group (ERG) has concluded power supply arrangements for its copper operation at Frontier Mine in the Democratic Republic of the Congo (DRC). The contract was signed by the Société Nationale d’Électricité (“SNEL”), the national electricity company of the
Newmont Begins Gold Production at Subika Underground Project, Ghana
November 29, 2018
Newmont Mining has started commercial production from the Subika Underground project, a new gold mine developed with an investment of around $186m at the Ahafo operations in Ghana. The Subika Underground project has been taken up by the US-based mining
Mineros to Acquire Yamana Gold’s Gualcamayo Mine, Argentina
November 28, 2018
Yamana Gold has entered into a definitive purchase agreement to sell 100 percent of its interest in the Gualcamayo mine located in San Juan Province, Argentina to Mineros S.A. Separately, the company has agreed to grant Mineros an option to
Dongfang Electric Set to Build World’s Biggest Clean-Coal Plant in Egypt
November 27, 2018
Egypt is set to build the world’s largest clean-coal plant. A Chinese conglomerate beat the US General Electric and a Japanese firm for a $4.4bn project at Hamrawein that will generate close to seven gigawatts of power or 40 percent
Queensland Gives Approval for MacMines AustAsia’s $4.84 Billion China Stone Coal Mine
November 27, 2018
A new nearly $7 billion mega-mine in Queensland’s Galilee Basin is a step closer after gaining approval from the state’s coordinator-general, who released has an evaluation of the environmental impact statement (EIS), but conservationists say the decision is “reckless”. MacMines
Katoro Gold Acquires Kibo Mining’s Haneti Nickel Project, Tanzania
November 27, 2018
Kibo Mining said on Monday that it had completed the sale of Kibo Nickel to Katoro Gold in an all share transaction following receipt of relevant regulatory approvals. In June, multi-asset Africa-focused energy and resource company Kibo announced that it
Optimum Coal Mine Workers Protest Over Unpaid Wages, South Africa
November 27, 2018
A group of employees are protesting outside Optimum Coal Mine in Mpumalanga on Monday morning over unpaid wages. The mine has failed to pay workers for several months since it was placed under business rescue earlier this year. Optimum has
Albemarle to Acquire 50% Stake in Mineral Resources’ Wodgina Lithium Mine for $115 Billion
November 26, 2018
Albemarle is all set to acquire a stake of 50 percent in the Wodgina lithium mine in the Pilbara region of Western Australia from Mineral Resources (MRL) for $1.15bn, to create a joint venture. In this regard, the US specialty
Alufer Mining Delivers First Bauxite Shipment to China
November 26, 2018
Alufer Mining has announced that its first Capesize shipment of bauxite totalling 203,009 metric tonnes has arrived in Qingdao port in China. It will be delivered to Chalco Shandong part of Chalco Group: a major State Owed Enterprise and China’s
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