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Anglo American to Invest $308 Million to Expand Minas-Rio Mine, Brazil
January 25, 2018
Anglo American PLC said on Tuesday it expects to receive long-awaited licenses on Friday which will pave the way for the mining company to boost its Brazilian iron ore production capacity by about 56 percent. Anglo American plans to invest
JCHX Mining Wins Contract to Reopen Baluba Copper Mine, Zambia
January 25, 2018
JCHX Mining Management Co. has announced that one of its subsidiaries won a construction contract for a major copper mine in Zambia. Wholly owned unit JCHX Mining Construction Zambia won the contract, worth $55 million, for construction to resume production
NQ Minerals Set to Begin Product at Hellyer Mine, Tasmania
January 25, 2018
Consultants at CSA Global have estimated that the Hellyer mine owned by NQ Minerals has a net present value of US$113.2mln, based on the existing ore reserve and using a discount rate of 10 percent. The project also boasts a
Strongbow Exploration Confident South Crofty Tin Mine Will Reopen, UK
January 25, 2018
The CEO of the company behind an effort to finally reopen the iconic South Crofty mine says his team are confident that tin will once again be mined at the site by 2021. Richard Williams is from Canadian company Strongbow
Alba Mineral Resources Sets Sites on New Technology to Expand Clogau Gold Mine, Wales
January 25, 2018
New technology will help in the search for gold in north Wales, according to a mining company which hopes to restart gold mining in the Dolgellau gold belt where the famous Clogau gold mine is. Alba Mineral Resources last year
Machinery Seized from Brahmani’s Steel Plant for Alleged Customs Evasion, India
January 25, 2018
The Directorate of Revenue Intelligence (DRI) has seized imported machinery worth Rs. 189 crore from an integrated steel plant of Brahmani Industries promoted by industrialist Gali Janardhan Reddy at Ambavaram in Jammalamadugu constituency of Kadapa district. The DRI made the
Cloud Peak Energy Signs Long-Term Coal Export Agreement to Supply New Japanese IGCC Power Plant
January 24, 2018
Cloud Peak Energy’s wholly-owned subsidiary, Cloud Peak Energy Logistics (CPEL), has entered into a term coal export sales agreement with JERA Trading Pte Ltd. (JERAT), which is a trading company based in Singapore. Shipments are expected to commence as early
Lundin Gold’s Underground Fruta del Norte Gold Project Reaches Hard Rock Phase, Ecuador
January 24, 2018
Soft tunneling was completed in December 2017 and mine development is now into hard rock at Lundin Gold’s Fruta del Norte gold project in Ecuador. “Tunneling through soft clay was a significant risk factor to underground mine development due to
Bhel to Build Supercritical Coal Power Project in Maharashtra, India
January 23, 2018
India-based Bharat Heavy Electricals (Bhel) has been awarded engineering, procurement and construction (EPC) contract for a 660MW coal-based thermal power project in the state of Maharashtra Under the contract, Bhel will build the plant as an expansion project (Unit 6)
Chile’s State Copper Commission Cochilco Sees Copper Prices Rising on Possible Supply Disruptions
January 23, 2018
Investing News reported that Cochilco, Chile’s state copper commission, has upped its copper price forecast for 2018 to USD 3.06 per pound from its previous USD 2.95 estimate, citing potential global supply disruptions. Cochilco Vice President Mr. Sergio Hernandez pointed
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