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Chinese Miners Arrested in Zambia for Illegal Mining
June 7, 2017
China has complained to Zambia after 31 of its nationals were arrested at the weekend for alleged illegal mining practices. A senior Chinese foreign ministry official is quoted as saying that the Zambian authorities have failed to provide strong evidence.
North Korean Coal Exports Drop to Zero in April
June 7, 2017
North Korean coal exports dropped to zero in April, a United Nations report showed Sunday, as the international community puts pressure on the reclusive regime to give up its nuclear and long-range missile programs. The sanctions committee under the United
Bolivian Mining Exports Blocked by Chile Strike
June 2, 2017
Bolivian tin, zinc and silver miners are unable to meet deliveries due to a six-day strike by Chilean customs workers at the country’s ports, according to Bolivia’s government. The strike is currently holding up 300t of tin shipments and has
Coal Powered India Won’t Leave Climate Deal
June 2, 2017
India’s prime minister said in Berlin Tuesday that his country would be willing to stay wed to the Paris climate agreement even if the Trump administration pulls out of the deal. Prime Minister Narendra Modi told German Chancellor Angela Merkel
KIOCL Receives Mining Lease in Ballari, India
June 2, 2017
There is a ray of hope for state-owned iron ore miner KIOCL. Over 11 years after it suspended mining activities at its Kudremukh mines in the eco-sensitive Western Ghats, the company has got an allocation of mining lease. The Karnataka
Kibo Mining Commences Development of Imweru Gold Project, Tanzania
June 2, 2017
Kibo Mining said on Wednesday that development work has officially begun on the Imweru gold project in Tanzania. The Imweru gold project is the most advanced project within Kibo’s regional Lake Victoria Project mineral license portfolio in the gold prospective
Riverbend Consolidated Mining Highest Bidder for Sucat Thermal Power Plant, Philippines
June 2, 2017
A mining firm emerged the highest bidder for the purchase of the decommissioned 850-megawatt (MW) Sucat thermal power plant (STPP) in Muntinlupa City, state-run Power Sector Assets and Liabilities Management Corp. (PSALM) said yesterday. PSALM said Riverbend Consolidated Mining Corp.
Adani and Queensland Government Reach Deal Over Royalties for Carmichael Coal Mine
June 2, 2017
Mining company Adani has reached an agreement with the Queensland Government on royalty payments for its USD 16.5 billion Carmichael coal projects. After State Cabinet approval, the agreement with the State Government meets Adani’s expectations and requirements. This agreement shows
Yancoal Makes $953 Million Offer for Stake in Mitsubishi’s Hunter Valley Coal Mine
May 31, 2017
Chinese-controlled company Yancoal has made a binding offer to acquire Mitsubishi Development’s 32.4 percent interest in the Hunter Valley Operations mine site, north-west of Singleton. The move fulfills Yancoal’s obligation to make a tag-along offer to Mitsubishi under its agreement
Nathan Vass: Why Power Prices are Rising in Resource-rich Australia
May 31, 2017
It’s the question no politician wants to be asked: Why is Queensland, one of the richest energy resource regions in the world, once again facing electricity price hikes that will further stretch already strained business and family budgets? Queensland has
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