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

Gem Diamonds Unearths Two Larges Diamonds at Its Letseng Mine, Africa

January 9, 2018

Gem Diamonds Ltd. has discovered two huge diamonds, each bigger than 100 carats, at its Lesotho mine in southern Africa. It unearthed the 117 carat and 110 carat D color Type IIa diamonds at the Letseng mine, Gem said in

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Strata-X Secures Full Ownership of Serowe Coal Seam Gas Project, Botswana

January 8, 2018

Strata-X Energy announced that it has secured complete ownership of the Serowe Coal Seam Gas Project (Serowe CSG) in Botswana by buying out the 25% stake it previously didn’t own. In November 2016, SXE had entered into a farmin agreement

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Largest Iron Ore Producers in the World in 2017

January 5, 2018

Insider Monkey reported that Iron is one of the most important metals in industries today, so here we will see which the biggest iron ore producers in the world in 2017 are. Australia, on the other hand is the leading

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Tata Power’s Russian Subsidiary Secures Mining License for Coal Mine in Kamchatka Province

January 5, 2018

Economic Times reported that Tata Power said its Russian subsidiary Far Eastern Natural Resources LLC has bagged the mining license for a thermal coal mine in Kamchatka province in far east Russia. The Kamchatka project site has been declared as

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Serbian Power Utility Elektroprivreda Srbije Opens New Mine to Boost Coal Output

January 5, 2018

Reuters reported that Serbian power utility Elektroprivreda Srbije started operations at a new open coal pit aimed at securing supplies for its biggest power generating complex over the coming decades. The new mine, in which the company invested 60 million

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Indian Government Expects Coal Sector Demand to Improve in 2018

January 5, 2018

Money Control reported that government is looking at 2018 with renewed optimism for the coal sector in the wake of demand upturn and expecting 6 to 7 percent growth in supply of the dry fuel next year. Also, the government

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SSR Mining Receives Environmental Approval for Chinchillas Project, Argentina

January 5, 2018

SSR Mining Inc. announced that Environmental Impact Assessment from the Argentine regulatory authorities for Puna Operations Inc.‘s Chinchillas project in Jujuy Province, Argentina. Development activities will commence, with first ore feed to the Pirquitas mill expected in the second half

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Glencore Sells Its Australian Tahmoor Coal Mine to GFG Alliance

January 5, 2018

Glencore PLC has agreed to sell an underground coal mine in eastern Australia to GFG Alliance, an industrial conglomerate that last year picked up steel and iron-ore mining assets in the country. Glencore said the deal for its Tahmoor mine

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ContourGlobal to Build $1.17 Billion Coal-fired Power Plant, Kosovo

January 4, 2018

Kosovo government has signed an agreement with US-based ContourGlobal for the construction of the €1bn ($1.17bn) Kosova e Re coal-fired power plant in the country to meet the increasing power demand. The commercial agreement between the Kosovo government and ContourGlobal

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Atlantis Resources to Acquire SIMEC’s Coal Power Plant in South Wales, UK

January 4, 2018

Tidal power developer Atlantis Resources has agreed to acquire the 363MW Uskmouth coal power station in South Wales, UK owned by SIMEC Uskmouth Power (SUP), a subsidiary of SIMEC Energy. In return, Atlantis Resources will issue 49.99 percent of its

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