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Gran Colombia Gold Resumes Operations in Segovia After Civil Situation
October 13, 2016
Gran Colombia Gold Corp. has resumed operations in Segovia. The civil situation in Segovia and Remedios in the Department of Antioquia, Colombia, has come to a peaceful conclusion following extensive discussions between representatives of the national and regional governments, the
Silver Bear Releases Updated Mine Plan and Feasibility Study for Mangazeisky Silver Project, Russia
October 12, 2016
Silver Bear Resources Inc. will see a 66 percent increase in pre-tax NPV to US$132.6 million for the Vertikalny Central deposit of its Mangazeisky Silver Project in the Republic of Sakha, Russia following the results of an updated national Instrument
K92 Mining Commences Gold Production at Its Kainantu Gold Mine, Papua New Guinea
October 12, 2016
K92 Mining Inc. has commenced production from the Irumafimpa Gold Deposit at the Kainantu Gold Mine. “This milestone is highly significant for our company, and for this region of PNG. A great deal of thanks goes to the entire team
Eskom: Buying Power from Renewables Will Make Power Practically Unaffordable
October 11, 2016
Eskom Holdings SOC Ltd. supports getting power from independently run coal projects rather than renewable sources as South Africa’s state-owned utility expects current generation will be insufficient to meet demand by 2022. The utility should look to buy electricity from
South Africa Approves Construction of Two Coal-power Plants
October 11, 2016
The Department of Energy unveiled yesterday coal independent power producers (IPPs) Khanyisa and Thabametsi as the preferred bidders to build two coal-fired power plants that will add 863.3 megawatts (MW) of electricity to the country’s system in the next five
Japan’s Jera to Buy EDF Trading’s Coal Business Amid Expansion
October 11, 2016
Jera Co., a venture between two of Japan’s biggest power utilities, agreed to acquire EDF Trading Ltd.’s coal-trading business as part of a push to lower fuel costs and expand its overseas business. The Tokyo Electric Power Co. Holdings Inc.
Vale Agrees to New Terms to Sell Some of Its Mozambique Coal Assets to Mitsui
October 10, 2016
Brazilian mining firm Vale has agreed on new terms for a deal to sell some of its Mozambique coal assets to Japan’s Mitsui & Co. Under the new terms, Mitsui will contribute up to $450m for a 15 percent stake
Dynacor Begins Operations at Its Veta Dorada Gold Ore Processing Plant, Peru
October 6, 2016
Dynacor Gold Mines Inc. has begun operating its modern Veta Dorada ore processing plant located in Chala, Peru. Initial ore purchases from its more than 200 small and medium sized miners are going well and according to expectations. The corporation
Newmont Brings Merian Gold Mine into Commercial Production, Suriname
October 6, 2016
Newmont Mining Corporation has completed construction of the Merian gold mine in Suriname on time and more than $150 million or nearly 20 percent below its initial development capital budget. First gold was poured and Newmont declared commercial production on
Hudson Resources Defines Robust Business Plan for Its White Mountain Anorthosite Project, Greenland
October 6, 2016
Hudson Resources Inc. has confirmed its White Mountain anorthosite (calcium feldspar) will make an excellent mineral additive for the paint, coatings, and polymer industries. Known as functional fillers or extenders, mineral additives are used for their physical properties to improve
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