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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
Wealth Minerals Signs Agreement to Acquire Interest in Seven Salars Lithium Project, Chile
August 9, 2017
Wealth Minerals Ltd. has executed a binding letter agreement, whereby Wealth or a Chilean subsidiary of Wealth has been granted the option and right to acquire 49 percent of the issued and outstanding shares of San Antonio Sociedad Contractual Minera
Orezone Gold’s Subsidiary Acquires Bondi Gold Project in Burkina Faso, West Africa
August 9, 2017
Orezone Gold Corporation said that the Ministry of Mines and Quarries in Burkina Faso, West Africa has issued and Sarama has paid the invoice for the transfer of the Bondi Gold Project (Djarkadougou exploration permit) from Orezone’s subsidiary company to
Electric Car Boom Drives Rush to Lithium Mining’s $90 Billion Hub
August 8, 2017
A scramble by the lithium market’s biggest players to tie up supply of the high-tech metal is gathering pace in the 170-year-old heartland of Australia’s $90 billion mining industry. Rising Chinese demand for lithium-ion batteries needed for electric vehicles and
Five Fatalities After Gas Explosion at Coal Mine in Pakistani
August 8, 2017
Rescue officials on Monday found the body of five miners, including two brothers, who were trapped in a coalmine near the capital of Azad Jammu and Kashmir (AJK) after a gas explosion led to the collapse of mine stopes on
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