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Energa and Enea Invite Bids to Develop Ostroleka Coal-fired Power Plant, Poland
January 9, 2017
Polish electric power producer and distributor Energa has announced tender procedure with power company Enea for the development of 1,000MWe coal-fired thermal power plant in the European country. The investment is expected to have a positive impact on the Polish
Monument Mining Progresses Burnakura Gold Project to Early Stage Gold Production, Australia
January 5, 2017
Monument Mining Limited has progressed the Burnakura Gold Project to early stage gold production to bring forward cash flow to de-risk its operations. “The arrival of the crushing circuit at the Burnakura Mine site along with all the off-site work
Death Toll Rises to 17 at Mine Collapse at Lalmatia Open Cast Mine, India
January 4, 2017
The death toll from a mine collapse in eastern India’s Jharkhand state rose to 17 Sunday as rescue workers continued to search for the bodies of six missing miners. A massive mound of earth caved in late Thursday at the
India’s NTPC Commissions First Unit at Kudgi Supercritical Thermal Power Plant
January 4, 2017
India’s state owned power-generation company NTPC has commissioned the first 800MW unit at the 4,000MW Kudgi supercritical thermal power plant located in Bijapur District of Karnataka, a state in India. The project is being developed in two stages with first
K92 Signs Long Term Power Supply Agreement with PNG Power for Its Mine Site in Papua New Guinea
January 3, 2017
K92 Mining Inc. has signed a power supply agreement (PSA) with the state utility company of Papua New Guinea, PNG Power for the supply of power to the K92 site located in the Eastern Highlands of Papua New Guinea. The
Lydian Signs $42 Million Caterpillar Equipment Financing for Amulsar Gold Project , Armenia
January 3, 2017
Lydian International Limited has entered into a secured credit facility with Caterpillar Financial Services (UK) for a maximum principal amount of US$42 million. Proceeds of the Cat term facility will be used to purchase Cat® mobile mining equipment for Lydian’s
Centerra Gold Receives 2017 Mine Plan Approvals for Kumtor Mine, Kyrgyz Republic
January 3, 2017
Centerra Gold Inc. has received the necessary permits and approvals for its 2017 mine plan for its Kumtor operation, located in the Kyrgyz Republic. The approvals and permits are valid for the full year. Kumtor has received the industrial safety
Lundin Gold Signs Investment Protection Agreement for Fruta Del Norte Gold Project, Ecuador
January 3, 2017
Lundin Gold Inc. has signed the investment protection agreement (IPA) for Fruta del Norte (FDN), its flagship gold project in Ecuador. Together with the exploitation agreement (EA) signed on December 14, 2016, and the issuance of the environmental license at
SEMAFO Awarded Mining Permit for Natougou Gold Project, Burkina Faso
December 28, 2016
SEMAFO Inc. has received approval for its mining permit application for the Natougou Gold Project. Receipt of the mining permit enables development of the Natougou Project to proceed on schedule. Construction activities are expected to begin in the coming weeks
MMK and Eurasian Resources Sign Iron Ore Delivery Agreement for Sokolovsko-Sarbayskaya, Kazakhstan
December 28, 2016
OJSC Magnitogorsk Iron and Steel Works (MMK) and Eurasian Resources Group have signed a strategic agreement for the supply of iron ore. The agreement provides for the supply of more than 30 million tonnes of iron ore, including pellets and
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