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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
Revised Government Regulation Impacts Freeport Indonesia’s Export Opportunities
February 10, 2017
Gold and copper miner Freeport Indonesia is still reluctant to convert its contract of work (CoW) to a special mining permit (IUPK) as it says the concept of the latter remains unclear. Freeport Indonesia spokesman Riza Pratama said the firm,
Japan Nuclear Fuel and Mitsubishi to Acquire Stake in Areva’s NewCo for $536 Million
February 10, 2017
Japan Nuclear Fuel (JNFL) and Mitsubishi Heavy Industries (MHI) have entered into an agreement to acquire 10 percent stake in NewCo, a new company formed by AREVA, for €500m ($536m). The two companies will acquire a minority stake of 5
300 Mining Leases to Be Put Up for Auction in India
February 10, 2017
Government today said 2017-18 would be the most important year for the mining industry as leases of around 300 mineral blocks would be auctioned during the fiscal. “In 2017-18 nearly 300 mining leases should be put on auction by different
Camrova Resources Signs Binding LOI for Investment in Small-scale Copper Plant in Chile
February 9, 2017
Camrova Resources Inc. (formerly Baja Mining Corp.) has executed a binding letter of intent, dated February 1, 2017 pursuant to which Camrova will provide funding to Mr. Gubier Marambio, Gubier Marambio H. SpA (GMH) and Metalex Ltda to restart an
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