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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
Lundin Mining to Sell Interest in TF Holdings to BHR Partners for $1.136 Billion, DRC
November 22, 2016
Lundin Mining Corporation has entered into a definitive agreement to sell its indirect interest in TF Holdings Limited to an affiliate of BHR Partners, a Chinese private equity firm, for $1.136 billion in cash and contingent consideration of up to
Outotec to Deliver Lithium Beneficiation Plant for AMG’s Mibra Mine, Brazil
November 22, 2016
Outotec and Advanced Metallurgical Group N.V. (AMG) have agreed on the delivery of a lithium beneficiation plant to AMG’s Mibra mine site in the State of Minas Gerais, Brazil. Outotec’s order value exceeds EUR$35 million. Outotec has been AMG’s partner
Tango Mining Names Mining Contractor for Oena Diamond Mine, South Africa
November 22, 2016
Tango Mining Limited has appointed African Mineral Recovery Solutions CC (AMRS) as contractor to immediately recommence bulk sampling of the Oena diamond mine located in the Northern Cape, South Africa. AMRS will pay a gross income of net diamond sales,
Freeport-McMoRan Completes Sale of Interest in TF Holdings to China Molybdenum for $2.65B, DRC
November 17, 2016
Freeport-McMoRan Inc. has completed the indirect sale of its 70 percent interest in TF Holdings Limited (TFHL) to China Molybdenum Co., Ltd. for $2.65 billion in cash. TFHL is a Bermuda holding company that indirectly owns an 80 percent interest
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