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Almonty Secures Final Permits for Construction of Sangdong Tungsten Mine, South Korea

January 12, 2017

Almonty Industries Inc. has received the final surface permit in respect of its Sangdong Mine that now enables it to begin construction of the processing plant and the road and river diversion. The project is now fully permitted and the

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Caledonia Mining Achieves Record Gold Production at Blanket Gold Mine, Zimbabwe

January 12, 2017

Caledonia Mining Corporation Plc has achieved record quarterly and annual gold production from its 49 percent owned subsidiary, the Blanket Gold Mine in Zimbabwe, for the quarter and year ended December 31, 2016. All production numbers are expressed on a

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Solitario Engages SRK Consulting to Complete PEA for Bongara Zinc Project, Peru

January 12, 2017

Solitario Exploration & Royalty Corp. has engaged SRK Consulting to complete a preliminary economic assessment on its Bongará high-grade zinc deposit in northern Peru. Completion of the PEA is expected in the second-quarter 2017. SRK Consulting (U.S.), Inc. is an

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Doosan Wins $2.3 Billion Contract to Build Coal-fired Power Plants, India

January 11, 2017

Doosan Heavy Industries and Construction has been awarded a $2.3bn contract to build 2,640MW of coal-fired power plants in India. The contract was awarded by the Indian State Government of Uttar Pradesh to Doosan Power Systems India (DPSI) for the

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Afghan Officials Say at Least 7 Coal Miners Killed by Gunman in Tala Wa Barfak District

January 11, 2017

The provincial governor of Afghanistan’s Baghlan province has said that an unknown gunman has killed 12 coal miners. Abdul Satar Barez said the Friday attack occurred in the province’s Tala Wa Barfak district as the miners were on their way

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Alcoa to Permanently Close Its Alumina Refinery and Bauxite Mines, Suriname

January 11, 2017

Alcoa Corp. said Wednesday that it will permanently close the alumina refinery and bauxite mines in Suriname that were pillars of the economy in the South American nation until the company halted operations there in November 2015. Alcoa said it

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India’s Bhel Commissions Second Unit at Singareni Thermal Power Plant, Telangana

January 11, 2017

India’s power utility Bharat Heavy Electricals (BHEL) has successfully commissioned the second 600MW unit at the Singareni coal-based thermal power plant in the state of Telangana. Located in Adilabad district in Telangana, the 1200MW Singareni thermal power project (TPP) has

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Wealth Minerals to Acquire Laguna Verde Lithium Project, Chile

January 11, 2017

Canadian mineral resource company Wealth Minerals has signed a letter of intent to acquire a 100 percent interest in the Laguna Verde lithium project in Chile. The project comprises 23 concessions for a total of 2,438 hectares and is located

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Bunting® Magnetics Expands Global Operations With Acquisition of UK-based Mastermag

January 10, 2017

Bunting® Magnetics Co. has signed an agreement to acquire Master Magnets Ltd, a UK-based manufacturer of magnetic separation equipment. Based in Redditch, United Kingdom, Master Magnets Ltd provides a complete line of magnetic separation, recycling and metal detection equipment to

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New Colombia Resources Signs $90 Million Purchase Order for Metallurgical Coal for Delivery to China

January 10, 2017

New Colombia Resources, Inc. has signed a US$ 90 million purchase agreement for metallurgical coal with American Steel Industries, LLC (ASI) of Philadelphia, PA, a joint venture partner with a Chinese Government owned multi-billion dollar commodities and steel trading company.

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