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Morumbi Resources Completes Acquisition of El Mochito Zinc-Lead-Silver Mine, Honduras
December 22, 2016
Morumbi Resources Inc. has completed its acquisition of all of the outstanding shares of American Pacific Honduras SA de CV (AMPAC) from affiliates of Nyrstar NV and assumed ownership and control of the producing El Mochito zinc, silver and lead
Alcoa Secures First Major Export Contract to Supply Bauxite from Western Australia Mine
December 22, 2016
Alcoa World Alumina and Chemicals (AWAC) has secured its first major third-party contract to supply approximately 400,000 bone dry metric tons (bdmt) of bauxite from its Huntly mine in Western Australia (WA), furthering Alcoa’s strategy to grow its third-party bauxite
Mechel Increases Exports from Elga Coal Mine to China’s Jidong Cement Company
December 22, 2016
Mechel PAO has signed a memorandum for supply of the Elga deposit’s coal with China’s Jidong Cement, one of the world’s top five cement producers. “This is the first long-term agreement for the next year that our company has signed
Vale Commissions $14.3 Billion Iron Ore Project in Brazil
December 21, 2016
Brazilian firm Vale has commissioned $14.3bn Eliezer Batista S11D Complex located in the municipality of Canaã dos Carajás, in southeast Pará. The complex, which comprises a mine, plant, railroad and port logistics, is expected to help the company to consolidate
Japan Gold Receives Priority for New Prospecting Rights Adjacent to Sanru Gold Mine, North Hokkaido
December 20, 2016
Japan Gold Corp.‘s wholly owned subsidiary, Southern Arc Minerals Japan KK (SAMJ), has made 35 contiguous prospecting right applications covering an area of approximately 11,269 hectares immediately adjacent to the historic Sanru gold mine in Northern Hokkaido. The company has
Horizonte Minerals Issues Request for Proposals for DFS for Araguaia Nickel Project, Brazil
December 20, 2016
Horizonte Minerals Plc has issued a request for proposals (RFP) to engage consulting firms to prepare a definitive feasibility study for the company’s 100 percent owned Araguaia nickel project which is being developed as the next major nickel project in
Lundin Gold Signs Exploitation Agreement for Fruta del Norte Project, Ecuador
December 15, 2016
Lundin Gold Inc. has signed the exploitation agreement (EA) for Fruta del Norte (FDN), its flagship gold project in Ecuador. “I’m very happy to be in Ecuador for the execution of this important agreement. In just under two years, working
Dalradian Resources Completes Feasibility Study for Curraghinalt Gold Project, Ireland
December 13, 2016
Dalradian Resources Inc. has completed the independent feasibility study (FS) for its 100 percent owned Curraghinalt Gold Project in Northern Ireland. “The feasibility study outlines a project with high expected profitability and returns and demonstrates the strong economic case for
Canada Rare Earth Becomes Primary International Supplier of Monazite with Chinese Firm
December 13, 2016
Canada Rare Earth Corporation has signed a significant agreement with Yongzhou Xiangjiang Rare Earth Resource Co. which is fully licensed by Chinese environmental law to import and process rare earth monazite concentrate. Pursuant to the mutually beneficial agreement, Canada Rare
World Coal Association Comments on Decision to Approve Adani Coal Mine Project
December 13, 2016
The World Coal Association has commended Queensland authorities for the decision to approve the Adani coal mine project, the final government approval required for the mine to proceed. Once operating, the project will become Australia’s largest coal mine. “This is
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