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Black Mountain Resources Raises $1 Million for Operational Improvements at Namekara Vermiculite Mine
June 23, 2017
Black Mountain Resources has raised $1 million via a placement of shares at $0.04 each to new cornerstone investor, Investmet Limited, headed by Michael Fotios. Michael Fotios is a well-regarded and experienced resource sector investor and has created substantial shareholder
Adani Launches Jobs Portal for Job Vacancies at Its Carmichael Coal Mine, Australia
June 23, 2017
Mining giant Adani has launched a new online tool for job seekers looking for work at the proposed Carmichael coal mine. Job seekers wanting to work at the ‘megamine’ can register for free through Adani’s online portal where they will
Kibo Mining Surrenders Gold Assets in Tanzania, to Focus on Coal, Power and Nickel
June 21, 2017
Kibo Mining PLC has surrendered most of its early stage licenses in the Lake Victoria region of Tanzania as it focuses more on the Mbeya coal mine/power station project and Haneti nickel site. In total, 79 licenses were surrendered over
Africa’s Chamber of Mines: We Need to Address Trust Deficit to Encourage Investment
June 21, 2017
There is a renewed need for a constructive dialogue between government, society and industry to develop common interest and trust, the Chamber of Mines told MPs on Wednesday. It emphasized that consultation on legislation and regulatory matters was of paramount
New Japanese Technology Cuts Emissions and Increases Efficiency of Coal-fired Power Plants
June 21, 2017
The Japanese are showcasing new technology that drastically cuts emissions and increases efficiency of coal-fired power plants, which could threaten the viability of importing natural gas. A new experimental power plant in Osakikamijima burns coal under high temperatures to convert
Nigeria’s Acting President Osinbajo Pursues $600 Million Investment Fund for Mining Sector
June 21, 2017
Acting President Yemi Osinbajo on Tuesday disclosed that the federal government was currently working with the Nigerian Sovereign Investment Authority (NSIA), the Nigerian Stock Exchange (NSE) and others to gather $600 million investment fund for the mining sector. Osinbajo added
Two Miners Trapped for Eighth Consecutive Day at Underground Gold Mine, Chile
June 19, 2017
Chilean authorities are trying to locate two miners who went missing eight days ago when the gold mine in which they were working was flooded following a landslide. President Michelle Bachelet sent Friday a new message of support for the
Monument Mining Commences Front End Engineering Design on Selinsing Sulphide Project, Malaysia
June 15, 2017
Monument Mining Limited has commenced the front end engineering design (FEED) work leading to an internal definitive feasibility study, based on results of additional follow up test work on its pre-feasibility study (PFS). FEED/DFS WORK IN PROGRESS The 2016 NI43-101
Senate Decision Clears Way for Adani’s Carmichael Mine, Australia
June 15, 2017
Rockhampton Mayor Margaret Strelow has welcomed amendments to the Native Title Act passed through the senate which clears the way for Adani’s Carmichael Mine to proceed. “We know this project has the power to turbocharge our local economy and provide
Barrick Gold Meets With Government of Tanzania to Commence Negotiations
June 15, 2017
Barrick Gold Corporation’s executive chairman John L. Thornton met today with the President of the United Republic of Tanzania, His Excellency Dr. John P. Magufuli, to discuss issues pertaining to Acacia Mining plc and the country’s current ban on mineral
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