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

First Quantum, Musele Chamber of Commerce Partner to Launch to Website to Help Local Businesses

February 12, 2018

First Quantum Minerals (FQM) and the Musele Chamber of Commerce in North-Western Province have partnered to launch a new website to publicize opportunities for local businesses. The online membership database portal will display tenders posted by FQM subsidiary Kalumbila Minerals

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Guyana Goldfields’ Aurora Gold to Invest $120 Million to Develop Underground Gold Mine

February 6, 2018

Guyana Goldfields/ Aurora Gold Mines (AGM) intends to invest US$120 million in conducting underground gold mining for the first time in Guyana’s history, company officials announced Sunday. AGM’s President and Chief Executive Officer, Scott Caldwell said “we want to become

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Democratic Republic of Congo on Collision Course with Mining Companies Over Tax Rises

February 6, 2018

FT reported that Democratic Republic of Congo is heading for a stand-off with some of the world’s largest mining companies after legislators passed a revised mining law that is set to increase taxes on cobalt, an important metal for electric

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JSW Steel to Bid for 8 Mines in Karnataka, India

February 6, 2018

JSW Steel announced that the biggest Indian steelmaker, plans to bid for eight mines in Karnataka that have been opened up for auctions. The last day for putting in the bids is March 12. Mr Seshagiri Rao, Joint Managing Director

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Cautious Optimism in Queensland’s Coal Country as Mining Industry Recovers from Downturn

February 6, 2018

The mining downturn hit central Queensland hard, with a housing market crash in Gladstone after the LNG boom and significant job losses in mining towns such as Blackwater, Emerald, Tieri and Middlemount. But now, a few years later, a major

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Hundreds of Workers Rescued from Beatrix Gold Mine, South Africa

February 5, 2018

More than 900 miners have been rescued after being trapped in a South African mine for at least 24 hours following a loss of power. South Africa’s Department of Mineral Resources announced Friday morning that all remaining miners had been

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Bangladesh Begins Construction of Matarbari Ultra Super Critical Coal-fired Power Plant

February 5, 2018

State-owned Coal Power Generation Company Bangladesh (CPGCBL) has broken ground on a 1.2GW Matarbari power plant in Cox’s Bazar District, Bangladesh. To be built with an investment of BDT360bn ($4.33bn), the Matarbari power plant is an ultra super critical coal-fired

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New Century Resources on Track to Restart Century Zinc Mine, Queensland

February 5, 2018

Fin News Network reported that Zinc miner New Century Resources is on track for the operational restart of the Century zinc mine in Queensland, after announcing results of its feasibility study during the quarter. The miner said that permits are

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Rio Tinto’s Autonomous Haul Trucks in Australia Achieve One Billion Tonne Milestone

February 2, 2018

Rio Tinto’s fleet of autonomous haul trucks achieved a significant milestone at the company’s world-class operations in Australia last week by moving their one-billionth tonne of material. Since commencing trial operations in 2008, haul trucks fitted with Autonomous Haulage System

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Government of Mongolia and Rio Tinto to Explore Win-Win Partnership Solutions

February 2, 2018

The Prime Minister of Mongolia U. Khurelsukh and other government representatives and Rio Tinto chief executive J-S Jacques met in Ulaanbaatar to progress their partnership. The two sides discussed ways to strengthen the relationship by setting up a joint working

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