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Sunday August 6 Update: One of the Nine Missing Miners Rescued at ALROSA’S Mir Diamond Mine Flooding
August 6, 2017
Sunday, August 6: Russian emergency officials say they have rescued a miner trapped by a flood in a Siberian diamond mine and are searching for eight others still missing. The 36-year-old man was taken to hospital but his condition is
Flood at ALROSA’s Mir Diamond Mine Leaves Nine Miners Missing, 133 Evacuated, Russia
August 5, 2017
A flood in a Russian diamond mine left nine people missing Friday, the mine’s owner said. Water surged into the Mir mine in Siberia while 142 people were down in the pit, state-controlled company ALROSA said in a statement. Russian
U.S. $2.9 Billion Market Opportunities for LTE Vendors in Mining Sector
August 4, 2017
ABI Research predicts that over US $2.9 billion, 1.5 percent out of total mining CAPEX, will be spent by the mining sector on private network in 2022, led by demand for wireless broadband technology, such as private LTE and Wi-Fi
Tanzania and Barrick Gold Start Talks Over Mining Disputes
August 3, 2017
The government of Tanzania and Barrick Gold Corporation, the largest shareholder of Acacia Mining Plc, on Monday began talks seeking to end a long standing dispute over royalties Acacia allegedly owes the east African nation’s gold exports. A statement issued
Cardinal Resources Granted Mining License for Namdini Gold Project, Ghana
August 2, 2017
Cardinal Resources’ application by Savannah Mining Ghana Limited for a large-scale mining license over an area of approximately 19.54 Sq Km in the Upper East Region of Ghana covering Cardinals Namdini Project has been granted by the Minister of Lands
Emerita Resources to Acquire Salobro Zinc Project, Brazil
August 2, 2017
Emerita Resources Corp. has entered into a definitive agreement with Vale S.A. and IMS Engenharia Mineral Ltda. (IMS) pursuant to which Emerita has agreed to acquire the Salobro zinc project located in the Municipality of Porteinha, Minas Gerais State, Brazil.
U.S. Coal to Help Secure Ukraine’s Energy Independence from Russia
August 1, 2017
Ukraine’s dependence on Russian energy fell after its state-owned power generation company contracted to start receiving U.S. coal in late August or early September, the Department of Energy announced Monday. Pennsylvania-based Xcoal Energy and Resources will supply Ukraine with thermal
Senator Claims Green Energy is Causing a ‘National Emergency’ in Australia
July 28, 2017
Australia is facing a “national emergency” of extremely high power prices due to green energy, according to an Aussie senator. One Nation Sen. Malcolm Roberts, a former coal miner, claimed 60,000 households in the state of New South Wales needed
Coal India Considers Raising Met Coal Prices
July 28, 2017
The world’s biggest coal miner is considering raising metallurgical coal prices for the second time this year, a company official said, reflecting Coal India Ltd.’s efforts to shore up revenue amid rising costs. Coking coal producing units Bharat Coking Coal
Sandvik Divests Conveyor Components as Final Step in Exiting Mining Systems
July 26, 2017
Sandvik has signed an agreement to divest the conveyor components’ parts of the Mining Systems business, including the closely related specialist conveyor systems business in Hollola (Finland), to NEPEAN Conveyors Pty Ltd, a privately owned Australian based company. As reported,
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