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Turquoise Hill Suspends Oyu Tolgoi Concentrate Shipments Due to Chinese-Mongolian Border Matters
December 6, 2016
Turquoise Hill Resources has suspended concentrate shipments from Oyu Tolgoi to the Chinese border following a new requirement at the Chinese-Mongolian border to utilize one joint coal and concentrate crossing route. The new requirement has led to safety and security
SIMEC to Acquire Rio Tinto’s Lochaber Assets for $410 Million, Scotland
December 5, 2016
Rio Tinto has reached an agreement to sell its assets at Lochaber, Scotland to SIMEC for consideration totaling $410 million. The sale purchase agreement comprises the sale of Rio Tinto’s 100 percent shareholding in Alcan Aluminium UK Limited which includes
New Colombia Resources Set to Develop New Coal Mine, To Begin Production Q1 2017
December 5, 2016
New Colombia Resources, Inc. has entered into a joint venture agreement to operate metallurgical coal concession contract JC3-15231 located in the municipality of Zulia approximately 25 km from Cucuta, Colombia. The coal will be mined and delivered to the company’s
Accident Leaves 22 Coal Miners Trapped in Northeastern China
December 2, 2016
Rescuers in northeastern China searched Wednesday for 22 miners trapped underground in the latest accident to befall China’s mining industry. State media reported that Tuesday night’s accident occurred at a mine in the city of Qitaihe in northeastern Heilongjiang province,
Death Toll Rises to 8 After Earthquake at KGHM’s Rudna Copper Mine, Poland
December 2, 2016
The director of a Polish copper mine said Wednesday rescue teams have recovered the bodies of the last three workers missing inside the mine after it caved in. The discovery brought the death toll from the cave-in triggered by an
Morumbi Achieves Progress Milestone for Acquisition of El Mochito Zinc Mine, Honduras
December 1, 2016
Morumbi Resources Inc. has achieved a progress milestone for the acquisition of the El Mochito zinc mine in Honduras from affiliates of Nyrstar NV. The company has satisfied all conditions precedent to the completion of the acquisition capable of being
Monument Mining Advances Development of Burnakura Gold Project, Western Australia
December 1, 2016
Monument Mining Limited has primarily completed its early stage production implementation plan at the Burnakura Gold Project and moved to a final technical critical flaw review and optimization stage based upon an independent third party’s recommendations, targeting completion by the
Lucara Diamond Provides Operating Outlook for 2017
December 1, 2016
Lucara Diamond Corp. has provided an operating outlook for 2017. “2016 has been a successful year for Lucara with strong cash flows driven by revenues from the south lobe supported by our continued focus on cost control. Our performance resulted
Adani’s Carmichael Coal Mine Clears Another Legal Hurdle, Australia
November 28, 2016
The Carmichael coal mine planned for Queensland’s Galilee Basin has cleared another legal hurdle, with the state’s Supreme Court dismissing a legal challenge to the validity of the Queensland government’s decision to approve the project. The court found in favor
Giyani Gold Acquires Two Past Producing Manganese Mines, Zambia
November 22, 2016
Giyani Gold Corp. has signed a letter of intent (LOI) with Menzi Battery Metals Pty Ltd to acquire a 70 percent interest in two past-producing high-grade manganese mines in Zambia. The Kampumba and Chiwefwe Manganese open-pit mines operated between 1954
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