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Australian Miner OZ Minerals Eyes More Copper Output and Exploration Initiatives
January 23, 2018
Adelaide Now reported that South Australian miner OZ Minerals is sitting on enough cash to fund its upgraded copper production and exploration ambitions on the back of strong prices and rising demand. The group finished the quarter with a cash
Chinese Province of Shanxi to Phase Out Small Coal Mines, Encouraging Mergers
January 23, 2018
The northern Chinese province of Shanxi will phase out collieries with annual production capacity of less than 600,000 metric tons by the end of 2020, local authorities said Monday. The small mines are encouraged to merge, said the provincial government
Philex Mining Honors Employees at Its Pacdal Mine, Philippines
January 23, 2018
Employees of the Philex Mining Corporation were recognized for their service. Over the weekend, 140 employees of Pacdal Mine Philex Mining Corporation were awarded of a loyal 25 years of service to the company in simple rites at Sitio Padcal,
China Violates Sanctions By Buying North Korean Coal in December
January 23, 2018
At least six cargo ships linked to China furtively violated U.N. sanctions by taking on North Korean coal late last year, potentially providing a significant boost to the rogue regime’s coffers, the U.S. alleges. The U.N. Security Council in August
Activists Shut Down Adani’s Abbot Point Coal Terminal, North Queensland
January 22, 2018
Daily Telegraph reported that activists have shut down a key North Queensland port for the second time in a week. Members of the militant Front Line Action on Coal protest movement locked themselves onto coal loading equipment at Adani’s Abbot
South Korea MBG Group Starts Building Nickel Smelter in Indonesia
January 22, 2018
Kitco reported that South Korea’s MBG Group held a ground breaking on Jan. 2 to build a nickel smelter in North Konawe, Sulawesi. The report quoted Indonesia’s industry ministry as saying that the unlisted company is expected to finish construction
Nornickel Invests $1.7 Million in Modernization of Kola Mining and Metallurgical Company
January 22, 2018
Tass reported that Norilsk Nickel Company invested 100 million rubles (USD 1.7 million) in modernization of the Kola Mining and Metallurgical Company’s container facility to optimize the products’ uploading there, Kola MMC’s press service said. The company said that “Nornickel’s
Whitehaven Coal Downgrades Saleable Coal Production Guidance
January 22, 2018
Fin News Network reported that mining company Whitehaven Coal has downgraded its saleable coal production guidance for the year, even though the miner has reported a 10 percent increase in coal sales for the December quarter. A fault impacted coal
Tawana Resources Set to Commission Its Bald Hill Lithium Mine, Western Australia
January 18, 2018
The West reported that Goldfields lithium developer Tawana Resources said that it remains on track to commission the Bald Hill lithium mine with Singapore listed joint venture partner Alliance Mineral Assets within two months. Located 50km south-east of Kambalda, Bald
India Gears Up to Auction 72 Mineral Blocks by Year End
January 18, 2018
Business Standard reported that seventy two more mineral blocks are set to go under the hammer before the end of this financial year. Twelve mineral rich states Andhra Pradesh, Chhattisgarh, Gujarat, Jharkhand, Karnataka, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Telangana and
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