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China’s Zijin Mining to Acquire Canada’s Nevsun Resources for $1.4 Billion
September 11, 2018
Chinese metals producer and refiner Zijin Mining Group has signed an agreement to buy Canada’ Nevsun Resources for C$1.86bn ($1.41bn). Under the terms of the agreement, Zijin will acquire all of the issued and outstanding shares of Nevsun for C$6.00
Volt Resources Secures Environmental Approval for Bunyu Graphite Project, Tanzania
September 10, 2018
Volt Resources has announced that its wholly-owned subsidiary Volt Graphite has received the Environmental Impact Assessment (EIA) Certificate from the National Environment Management Council of Tanzania (NEMC) for the Bunyu Graphite Project. Importantly, the EIA certificate signed by the Honorable
KEFI Minerals Secures Key Approvals for Tulu Kapi Gold Project, Ethiopia
September 10, 2018
KEFI Minerals has received the key development and financing policy approvals for its Tulu Kapi Gold Project from the Ethiopian Government. Having received Project approval in 2015 (development, social, environmental and operational), KEFI’s Project company Tulu Kapi Gold Mines Share
Supreme Court Urged to Order Inquiry Into Deaths of 318 Coal Miners in Balochistan, Pakistan
September 10, 2018
The Supreme Court was requested on Saturday to take cognizance of deaths of mine workers and, by invoking its suo motu jurisdiction, order the constitution of a judicial commission to inquire into the fatalities of 318 coal miners in Balochistan
Police Swarm Ancient Forest as Activists Fight Coal Mine Plans, Germany
September 10, 2018
German news agency dpa is reporting that hundreds of police have entered a forest that protesters are trying to stop from being chopped down for a coal mine. The agency reported that police are protecting workers from energy company RWE
Minergy Secures Mining License for Masama Coal Project, Botswana
September 6, 2018
Coal mining and trading company Minergy has secured mining license for its 100 percent-owned Masama coal project located in south west Botswana. The license, which was granted by the Ministry of Mineral Resources, Green Technology and Energy Security, follows the
Gulf Manganese Secures $7.9M Funding to Develop Kupang Smelting Facility, Indonesia
September 6, 2018
Gulf Manganese has secured an investment of A$10.8m ($7.9m) from Low Tuck Kwong, founder and president director of integrated coal group PT Bayan Resources TBK (PT Bayan). Upon completion of the investment, which will occur following shareholder approval in Perth,
BHP to Acquire Guyana Goldfields’ Stake in SolGold, Cascabel Project in Ecuador
September 6, 2018
Mining giant BHP has agreed to acquire Guyana Goldfields’ stake of 6.1 percent in SolGold, which is the majority owner and operator of the Cascabel Project, a porphyry copper-gold deposit in Ecuador. As per the terms of the deal, BHP
Newmont Welcomes Sumitomo as Valued Partner at Yanacocha Mine, Peru
September 5, 2018
Newmont Mining Corporation welcomed Sumitomo Corporation as a new and valued partner in Minera Yanacocha SRL (Yanacocha) following its purchase of a five percent stake in the partnership. Newmont, Buenaventura, and Sumitomo completed the transaction today in which Sumitomo paid
Evolution Mining Signs Earn-in JV Agreement for Drummond Exploration Project, Queensland
September 4, 2018
Evolution Mining has entered into an earn-in joint venture agreement with Andromeda Metals over the Drummond exploration project. Drummond is an early-stage gold exploration project located in northern Queensland covering ~520km2. The project is approximately 140km south of Townsville and
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