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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,
Yangquan Coal Industry to Boost Production with Collaboration with Baidu, China
July 25, 2017
Shanxi Province-based Yangquan Coal Industry (Group) Co Ltd (Yangquan) announced its collaboration with domestic search engine powerhouse Baidu.com in artificial intelligence (AI), big data and cloud technology on July 11. With technological support from Baidu.com, Yangquan expects to boost its
State-owned Coal India Set to Shut Down High Risk Mines
July 25, 2017
State-owned Coal India will close down high-risk mines that are beyond mitigation, Parliament was informed today. “Coal India Ltd (CIL) has graded all mines in high, moderate and low risk categories. Mine-wise action plan to mitigate high and moderate risk
Modernization Has Paid Off for the Coal Industry in China
July 25, 2017
Coal industry profits in China are expected to remain high in the second half of the year, thanks to government efforts to cut excessive capacity and the stable growth of the overall economy, said experts. “The economic recovery has led
Acacia Mining Disputes $190 Billion Bill for Unpaid Taxes from Tanzania Gov’t
July 25, 2017
Acacia is caught up in sweeping changes to Tanzania’s mining industry spearheaded by President John Magufuli who believes the country is not getting its fair share of profits Tanzania has issued a notice demanding $190bn in unpaid taxes, penalties and
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