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State Mining Companies in Indonesia Readies to Take Over Freeport Indonesia
March 24, 2017
The government has started consolidating state mining companies to take over the majority stakes in gold and copper miner PT Freeport Indonesia by 2019, while waiting for the House of Representatives’ approval for a holding company for state-owned mining firms.
Carube Copper to Begin Exploring for Gold and Copper at Bellas Gate Project, Jamaica
March 24, 2017
Carube Copper Corp, which is responsible for gold and copper mining projects in Jamaica and Canada, says it will begin mining at Bellas Gate in St Catherine in April of this year, following studies which promise several productive zones. Carube,
Duran Signs LOI for Sale of Its Ichuna Copper-Silver Property, Peru
March 23, 2017
Duran Ventures Inc. has entered into a letter of intent (LOI) to sell the company’s Ichuña Copper-Silver Project located in the Department of Moquegua, Peru, to Tartisan Resources Corp. for cash consideration of C$50,000 and 500,000 shares of Tartisan. Duran
Maxtech Signs LOI to Form JV on Licenced Manganese Buriturama Mine, Brazil
March 23, 2017
Maxtech Ventures Inc. has signed a letter of intent to form a joint venture to develop the Buriturama Mine in the State of Bahia, Brazil with Plantiminas Empreendimentos Rurais Ltda. The Buriturama Mine is located in the northern portion of
Mexus Gold’s Recovery Pond Showing Good Results at Its Santa Elena Mine, Mexico
March 23, 2017
Mexus Gold’s initial assay results of the cyanide solution returning to the holding pond is better than expected. On-site engineers have been collecting samples at the outflow pipe twice a day for lab testing. The numbers equate to an average
Coal India Authorizes Proposed Coal-to-Liquid Project
March 22, 2017
Coal India has authorized one of its subsidiaries to float an expression of interest for the proposed coal-to-liquid project as part of efforts to explore value-added clean coal technology products. “We have authorized Central Coalfield to float an expression of
Adani Group Plans 2020 Start Date for $16.5 Billion Carmichael Coal Mine, Australia
March 22, 2017
India’s Adani Group plans to begin extracting coal from the $16.5 billion Carmichael project in Australia in 2020 after environmental protests delayed the first phase of the mine. The company will begin work on the project three months after it
Horizonte Minerals Awards Contracts for Feasibility Study for Araguaia Nickel Project, Brazil
March 21, 2017
Horizonte Minerals Plc has completed the tender process and has awarded the contracts for the feasibility study for its 100 percent-owned Araguaia nickel project. The aim of the FS is to deliver the most economically robust production scenario to produce
Fatality at Teranga Gold’s Sabodala Gold Mine in Senegal, West Africa
March 21, 2017
A fatality has occurred at Teranga Gold Corporation’s Sabodala Gold Mine in Senegal, West Africa. “All of us at Teranga Gold are deeply saddened by this tragic event, and extend our heartfelt condolences to the family, friends, and colleagues of
China’s Shanxi Province Launches Crackdown on Illegal Coal Mines
March 17, 2017
China’s Shanxi province has launched a new campaign against illegal coal mining, according to a document seen by Reuters on Tuesday (14/03), as one of China’s top producing regions seeks to get tough on cutting overcapacity. Shanxi province accounts for
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