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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
Adani Group Secures Final State Approval for $15 Billion Carmichael Coal Mine, Australia
December 12, 2016
Indian energy firm Adani Group has secured the final major State and Federal Government approval for its A$21.7bn ($15.1bn) Carmichael coal and rail project in Australia. The Queensland’s Coordinator-General has approved the 31.5km of permanent rail line and a temporary
Poland President Duda: No Other Energy Resource Can Replace Coal
December 8, 2016
Coal is the main energy resource in Poland, it cannot be replaced with any other resource, because it is not economically feasible, President Andrzej Duda said on Monday. Duda spoke to miners at the Bogdanka coal mine in eastern Poland.
Reunion Gold to Acquire Stake in Haute Mana Gold Project, French Guiana
December 7, 2016
Reunion Gold (RGD) has entered into an option agreement with Union Minière de Saül (UMS), an arm’s length private company. Pursuant to the option agreement Reunion has the right to acquire an 80 percent interest in the Haute Mana gold
11 Miners Trapped in China’s Latest Coal Mine Accident
December 7, 2016
A gas explosion has trapped 11 Chinese coal miners underground, in the latest in a string of deadly accidents striking the industry after 53 miners were killed in two similar blasts last week. China’s state-run Xinhua News Agency reported that
Saudi Arabia Inaugurates $35 Billion Mining and Minerals Processing Complex
December 7, 2016
The Saudi Arabia government has inaugurated the $35bn mining and minerals processing complex at Ras Al-Khair Industrial City. The complex is intended to exploit the mineral deposits of phosphate and aluminium in the eastern region of the country. Ras Al-Khair
Aurion Acquires Two High Grade Gold Projects in Northern Finland
December 6, 2016
Aurion Resources Ltd. has acquired the Kaaresselkä and Kiekerömaa gold projects from Tertiary Minerals plc. The projects were purchased for an initial £100,000 initial consideration to be paid by Aurion in the form £15,000 in cash and £85,000 in Aurion
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