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Glencore Acquires Remaining Stake in Mutanda Copper Mine, Stake in Katanga Mining for $960 Million
February 20, 2017
Glencore Plc agreed to a $960 million deal that will boost ownership of two giant Congolese cobalt and copper mines, and sever its ties with controversial Israeli billionaire Dan Gertler. For Glencore, the deal achieves two things: greater control of
New Colombia Resources Set to Commence Rock Crushing & Coal Operations at Guaduas Property, Colombia
February 20, 2017
New Colombia Resources, Inc. is set to commence rock crushing and coal operations at the Guaduas property. The company met with the local environmental agency (CAR) in Guaduas to accelerate the issuance of their environmental permit to begin rock and
Philippine Environment Secretary Cancels 75 Mining Deals
February 20, 2017
The Philippines’ environment chief on Tuesday ordered 75 mining contracts canceled because the projects are located in watersheds, intensifying her crackdown against mines that she says harm the environment. Environment Secretary Gina Lopez made the announcement just weeks after ordering
Eight Dead, Three Missing After Coal Mine Blast in Central China
February 17, 2017
A coal mine explosion Tuesday in central China has left eight people dead and three injured, state media reported. The blast occurred at about 1:30 a.m. at the Zoubao mine in Hunan province. Eighteen people escaped, only one of them
BHP Billiton’s Escondida Mine Hit by Worker Strikes Amid Labor Law Reform, Chile
February 17, 2017
Workers at the world’s largest copper mine in Chile entered the sixth day of strikes on Wednesday over a pay dispute. After collective negotiation efforts failed, workers at the Escondida mine voted to stop work last Thursday, crippling output. Two
Peru to Start Bidding Process on La Oroya Smelter and Mine at $270 Million
February 17, 2017
Peru will start the bidding on a nearly 100-year old polymetallic smelter and a copper mine at about $270 million in a March 10 auction, the government said on Tuesday. The market price for the two assets, which Doe Run
Alamos Gold Completes Feasibility Study for Kirazli Project, Turkey
February 16, 2017
Alamos Gold Inc. has completed the feasibility study for its Kirazli gold project, located in the Canakkale Province in northwestern Turkey. The study is a continuation of the pre-feasibility study completed on the project in 2012. “This further validates the
Barrick Releases Progress Reports on Four Projects
February 16, 2017
Barrick Gold Corporation has released progress reports on projects with the potential to contribute up to 1.1 million ounces of gold production at Cortez, Goldrush, Lagunas Norte, and Turquoise Ridge. CORTEZ UNDERGROUND EXPANSION Project Overview: Expand underground mining into Deep
Tango Mining Recovers 36.34 Carat Diamond at Oena Mine, South Africa
February 16, 2017
Tango Mining Limited has recovered a 36.34 carat diamond at Oena Mine in South Africa. African Mineral Recovery Solutions CC (AMRS) has mobilized and commissioned mining and processing equipment, including a Bourevestnik X-ray sorter (BVX) at the Oena Diamond Mine
Anglo’s New Largo Project Considered in Coal-Mine Sale Package
February 15, 2017
Anglo American Plc may sell its New Largo project in a package with three other coal mines that supply South Africa’s power utility, as the company moves forward with plans to scale down operations. State-owned Eskom Holdings SOC Ltd. is
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