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

Sanjeev Gupta’s GFG Alliance Acquires Glencore’s Tahmoor coal Mine, Australia

April 24, 2018

About 340 people employed at the Tahmoor coal mine have breathed a sigh of relief after the sale of the operation got the official tick of approval. The mine has been bought by UK billionaire Sanjeev Gupta’s GFG Alliance in

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ALROSA Opens Representative Office in Mumbai, India

April 24, 2018

ALROSA, the world’s largest diamond mining company, opened its representative office in Mumbai, on the territory of the Bharat Diamond Bourse, on April 19. The grand opening ceremony was attended by Mr. Russel Mehta, advisor to chairman and member to

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Lloyds Receives Permit for Surjagarh Iron Ore Mine in Maharashtra, India

April 23, 2018

Lloyds Metals and Energy Ltd has received permission under Regulation 106(2)(b) of the Metalliferous Mines Regulations, 1961 to extract ore by a system of deep hole drilling & blasting and deployment of heavy earth moving machinery at Surjagarh Iron Ore

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Thailand to Use More Coal for Electricity Generation

April 23, 2018

Local media on April 17 said Thailand may increase the use of coal in electricity generation, citing a recent remark by Thai Energy Minister Siri Jirapongphan. The minister said the share of coal in the country’s power generation mix is

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Central Ministries to Meet on Coal Mining Ban in Meghalaya, India

April 23, 2018

Chief Minister Conrad Sangma Wednesday informed the House that a joint meeting between the Prime Minister’s Office, Coal, Forest and Environment ministries would be convened soon in New Delhi to find ways to lift the coal mining ban in Meghalaya.

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National Company Law Tribunal Asks for Review of Numetal, ArcelorMittal Bids for Essar Steel

April 23, 2018

In an unexpected twist, the Ahmedabad bench of National Company Law Tribunal (NCLT) on Thursday asked for a review of the ArcelorMittal and Numetal bids presented in the first round of Essar Steel auction. The tribunal, in its ruling, observed

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Ark Mines to Become Operator of ABM Resources’ Old Pirate Gold Mine, Australia

April 19, 2018

Australian Mining reported that Ark Mines has agreed to become the operator of the Old Pirate gold mine in Tanami, Northern Territory following an agreement with owner ABM Resources. Ark Mines will pay USD 2.2 million to ABM which is

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Downer EDI Awarded $660M Underground Mining Contract for Carrapateena Copper-Gold Project

April 19, 2018

Mining Global reported that one of the worlds leading mine services providers has been awarded an underground mining contract for one of Australia’s largest undeveloped copper deposits. Downer EDI, one Australia’s leading diversified mining contractors, has announced that it has

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Alderon Iron Concludes Successful Trip to China for Kami Project Financing

April 19, 2018

Alderon Iron Ore Corp announced that Alderon’s Chief Executive Officer, Mr. Tayfun Eldem, successfully led a recent trip to China in support of the financing plan for the Kami Project. The trip consisted of several meetings with Chinese engineering firms

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Mechel Increases Mining Equipment Fleet at Korshunov Mining Plant, Russia

April 19, 2018

Mechel PAO, one of the leading Russian mining and metals companies, announced that leasing 10 BelAZ trucks in the framework of agreements signed with State Transport Leasing Company. The agreements signed with STLC for supply of heavy-duty trucks total approximately

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