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Avesoro Resources to Acquire Youga and Balogo Gold Mines for $695 Million, Burkina Faso
December 13, 2017
Avesoro Resources Inc. has entered into a conditional agreement to acquire the Youga Gold Mine and Balogo Gold Mine assets in Burkina Faso through the acquisition of the entire issued share capital of MNG Gold Burkina SARL, Cayman Burkina Mines
Rio Tinto Starts Recruitment Drive for New Roles at Its Bauxite Mines in Far North Queensland
December 13, 2017
Rio Tinto has launched a recruitment drive for more than 100 new roles at its pioneering bauxite mines on western Cape York Peninsula in Far North Queensland. The opportunities are available across Rio Tinto’s operations at Weipa including existing mines
Yancoal to Acquire Mitsubishi’s Stake in Warkworth Joint Venture for $230 Million, Australia
December 13, 2017
China-backed Yancoal Australia will boost its position in eastern Australia’s Hunter Valley coal mining hub by acquiring a near-29 percent stake in the Warkworth joint venture for $230 million. On Wednesday, Yancoal said it had exercised a call option to
Newly-elected Queensland Government Vetoes Plan to Support Loan for Adani’s Carmichael Mine
December 12, 2017
In a setback to India’s energy giant Adani, the newly-elected Queensland government has vetoed a plan to give a 900-million dollar concessional loan for the construction of a rail line in the controversy-hit Carmichael coal mine project in Australia. The
Gem Diamonds Ends Talks Over Sale of Its Ghaghoo Mine in Botswana
December 12, 2017
Gem Diamonds has terminated discussions with a potential buyer for its Ghaghoo mine in Botswana. The London-based company announced in August that it was considering an offer from an unidentified party. However, those talks did not result in an agreement,
Ghana to Lift Mining Banning on Small Scale Mining in January 2018
December 12, 2017
The Deputy Minister for Lands and Natural Resources, Barbara Oteng Gyasi, has disclosed that the ban on small scale mining imposed by her ministry, would be lifted in January 2018. The government has placed a ban on all small scale
Glencore Seeking to Fill 200 Job Vacancies in North Queensland
December 12, 2017
A recovery in metals prices and competition from new mines has resources company Glencore looking to fill more than 200 job vacancies in North Queensland. The miner revealed the vacancies yesterday as it staged an open day with recruitment firm
Rio Tinto Launches Recruitment Drive for Its Amrun Bauxite Mine, Australia
December 12, 2017
Rio Tinto has launched a recruitment drive for more than 100 new roles at its Far North bauxite operations. The new roles aim to build a workforce in the region capable of supporting the developing site at Amrun – a
ArcelorMittal’s Coal Miners Stage Sit-In at Four Mines in Kazakhstan
December 12, 2017
Dozens of coal miners in Kazakhstan’s central region of Qaraghandy are refusing to come up to the surface, demanding wage increases. Officials of the Qaraghandy regional administration said on December 12 that some 200 miners had spent two nights underground
Glencore Strikes Deal at 13 Coal Mines for Improved Worker Pay and Benefits
December 11, 2017
Mining giant Glencore has reached new agreements with its workforces at 13 of its Australian mining operations, primarily revolving around remuneration and other benefits. The mines where disputes appear to have been settled include the Hunter Valley collieries in New
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