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Glen Eagle Resources Achieves Commercial Production at Cobra Oro de Honduras
May 25, 2017
Glen Eagle Resources’ Cobra Oro de Honduras, a wholly own Honduran subsidiary of Glen Eagle, has reached commercial production on April 1, 2017. The passage from production to commercial production implies that Cobra Oro will no longer capitalize its expenses,
Shanta Gold Secures $10 Million for Newly Commissioned Power Station at New Luika Mine, Tanzania
May 24, 2017
Shanta Gold Ltd has agreed a US$10mln loan facility from Tanzania’s Exim Bank secured on its newly commissioned 7.5Mw power station at the New Luika gold mine. The term loan runs for four years at variable interest of 7.25 percent
Australia’s CSIRO Develops Technology Roadmap to Drive Mining Sector Growth
May 24, 2017
The CSIRO is pushing companies to unlock five key opportunities in its technology roadmap which is meant to underpin growth in the $90 billion mining equipment, technology and services sector. The roadmap was developed in co-ordination with the METS Ignited
New Apprentices Keep Mining Memories Alive at Big Pit Mining Museum, Wales
May 24, 2017
A former coal mine that is now a national museum has taken on two new apprentices to help keep underground memories alive. It is more than 30 years since the last coal was dug at Big Pit in Torfaen, after
Madhya Pradesh Government Orders Interim Ban on Sand Mining from Narmada River
May 24, 2017
The Madhya Pradesh government has ordered a complete ban on sand mining from the Narmada river. The river flows through 18 districts in Madhya Pradesh and the ban will be effective in all those districts. The ban will be in
Mine Owner and Foreman Die in Primrose Mine, South Africa
May 24, 2017
Ekurhuleni Disaster and Emergency Management Services (DEMS) personnel and private services paramedics work side by side to try and save the men trapped in a Primrose mine, on Thursday. Emergency services worked tirelessly and late into the night on Thursday
Oceana Gold Expands Exploration Efforts at Waihi Gold Mine, New Zealand
May 24, 2017
Oceana Gold is expanding its exploration efforts at its Waihi mine in the central North Island, preparing resource consent applications to drive two new underground access tunnels near the historic Martha pit. An investment presentation earlier this month said Waihi
Adani Postpones Final Investment Decision on Carmichael Coal Mine, Australia
May 24, 2017
Senior Queensland Government members were in meetings on Monday night, discussing how to urgently convince Indian company Adani to proceed with a board meeting to fund the proposed Carmichael coal mine. The mining giant has postponed its final investment decision
Four Eagles Gold Project Near Bendigo Receives Government Grant, Australia
May 24, 2017
Five gold mining projects north of Bendigo — including one bankrolled by mining magnate Gina Rinehart — have received state government grants totaling $1.2 million. The Four Eagles Gold Project covers 15 square kilometers between Calivil and Mitiamo, and received
Kirkland Lake Gold to Suspend Production at Cosmo Gold Mine, Australia
May 23, 2017
The Northern Territory’s Cosmo gold mine will suspend production at the end of June, leaving the future of around 150 workers in doubt. Owner of the mine, Canadian-based Kirkland Lake Gold, will shift from underground production to the exploration and
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