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Decision Expected for West Cumbria Mining to Mine Coal Off the Coast of St. Bees
August 21, 2017
A decision on proposals to revive West Cumbria’s mining industry could be made as early as next month. West Cumbria Mining wants to mine coal off the coast of St Bees and move it via an underground conveyor to a
Atico Mining Issues Temporary Work Stoppage at El Roble Mine, Colombia
August 18, 2017
Atico Mining Corporation has issued temporary work stoppage at the El Roble mine pending final inspection of the clean water discharge system. The company will work with provincial authorities to confirm the integrity and safety of the system as quickly
Giyani Gold Appoints Dr. Ian Flint as Chief Metallurgist
August 18, 2017
Giyani Gold Corporation has commenced bulk sampling and preliminary metallurgical testing at the company’s K. Hill manganese project (88 percent interest) in southern Botswana. Dr. Ian Flint has been appointed by Giyani as chief metallurgist to lead the company’s metallurgical
Azarga Uranium Executes Earn-in agreement for Kyzyl Ompul Project for $7.6 Million, Kyrgyz Republic
August 18, 2017
Azarga Uranium’s 70 percent controlled subsidiary, UrAsia in Kyrgyzstan, has executed an earn-in agreement with mining investment company Alliance. The agreement provides Alliance with an earn-in option to acquire a 100 percent interest in UrAsia’s Kyzyl Ompul Project in the
Australia’s AMIRA Releases Report on Options to Mine Gold and Copper in Remote Areas
August 17, 2017
Most of Australia’s easily-accessible deposits of base and precious metals have been discovered and mined already, and today a new report from mining organization AMIRA International says Australia needs to beef up its geoscience, technology and infrastructure to get to
Ukraine to Form National Coal Company to Merge 33 State-owned Coal Mines
August 17, 2017
A concept for reforming the country’s coal industry until 2020 approved by the government envisages the creation of state-owned enterprise National Coal Company, which will receive 33 state-owned coalmines, Deputy Prime Minister Volodymyr Kistion said at a first meeting of
Firesteel Resources Signs $20.6 Million LOI to Acquire Laiva Mine Gold Property, Finland
August 16, 2017
Firesteel Resources has signed a letter of intent with Pandion Mine Finance, LP for a financing of US$20.6 million via a prepaid forward gold purchase agreement. Proceeds will be used for the acquisition of up to 60 percent of the
Poland’s Largest Power Generator PGE Expects Coal Prices to Rise Next Year
August 15, 2017
Poland’s biggest power producer PGE expects coal prices to rise next year due to declining supplies, the company’s Chief Financial Officer Emil Wojtowicz said on Wednesday. State-run PGE generates most of its electricity from lignite and thermal coal. It produces
Man Sentenced to Seven Years After $9.5 Million Liberian Gold and Diamond Mine Scam
August 14, 2017
A Liberian national named Cassell Anthony Kuoh — alias Tim Borrol — was sentenced to more than seven years in prison this week in connection with a multimillion-dollar investment scheme involving gold and diamonds. Kouh, who has a home in
Abraplata Engages Consultants for PEA at Diablillos Ag-Au Project, Argentina
August 11, 2017
AbraPlata Resource Corp has engaged Roscoe Postle Associates (RPA) of Toronto, Canada and GR Engineering Services Limited (GRES) of Perth, Australia to undertake a preliminary economic assessment (PEA) of the Diablillos Ag-Au project located in southern Salta Province in northwestern
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