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SEMAFO Advances Construction of Boungou Gold Mine, Burkina Faso
July 19, 2017
Construction of SEMAFO’s Boungou Mine in Burkina Faso is progressing well and on-budget for commissioning of the open-pit mine in the second half of 2018. As at June 30, 2017, the following key components had been advanced: • Development on
National Union of Mineworkers Shocked By Decision to Suspend New Mining Charter
July 18, 2017
The National Union of Mineworkers (NUM) says it is shocked and disappointed by the suspension of the implementation of the new Mining Charter as agreed between the Chamber of Mines and the Department of Mineral Resources. The chamber announced the
Glencore Mulls Spin-off Company to Snap Up Mining Royalties
July 18, 2017
Glencore is considering creating a standalone company to acquire lucractive mining royalties around the world. The spin-off business would be seeded with at least £300m of streaming agreements Glencore already owns, and would pursue deals in copper, zinc, nickel and
Mining Companies in Australia Looking at New Fleets, Could Use Autonomous Trucks to Save Millions
July 18, 2017
Mining companies in Australia, the world’s biggest exporter of iron ore and coal, are poised to approve fresh investments in projects, driven by rallying commodity prices and the need to replace depleting deposits, according to global equipment supply giant, Komatsu
Bolivia Plan Massive Investments to Expand Lithium Production
July 18, 2017
The Bolivian government aims to pump massive investments to expand the country’s production of lithium, a metal needed for the batteries that power everything from smartphones and laptops to hybrid and electric cars. In a future battery-powered world, lithium may
South Africa Puts Implementation of New Controversial Mining Charter on Hold
July 17, 2017
South African government put on hold the implementation of the controversial Mining Charter on Friday which demands that mining firms increase its black ownership to 30 percent. The South African Chamber of Mines, which represents 90 percent of the industry,
Semirara Mining Hires More Miners for Its Antique Coal Mine Expansion, Philippines
July 17, 2017
Consunji-led Semirara Mining and Power Corp. (SMPC), the country’s largest coal producer, is hiring more workers to support its operational expansion plans in its coal mine in Antique. SMPC President and COO Victor Consunji said the company still needs to
Telangana to Be Nodal Agency for Exploring Limestone Reserves in Jharkhand and Chhattisgarh
July 17, 2017
Telangana is to be the nodal agency for exploring limestone reserves in Jharkhand and Chhattisgarh. The Union ministry for minerals has directed the Telangana State Mineral Development Corporation (TSMDC) to explore the limestone reserves in three blocks identified by the
Years of Gridlock Face South Africa as Rules Paralyze Mining
July 17, 2017
Executives from Sibanye Gold Ltd., South Africa’s biggest gold miner, were in Los Angeles in the final stages of a roadshow with U.S. bond fund managers last month when a bombshell hit from back home. The government had introduced shock
Coal Mine Crackdown Dims Prospects for Mongolia’s Fortune Seekers
July 14, 2017
Working 50 meters (164 feet) under ground with minimal air supply, Uuganbaatar is one of thousands of Mongolians trying to make a living digging for coal. Although the mining season does not begin until autumn, when the ground freezes and
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