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Glencore to Restart Its Integra Underground Coal Mine, Australia
November 7, 2016
Glencore said on Tuesday it would restart a coking coal mine in southeastern Australia that was mothballed more than two years ago, with a resurgence in prices for the commodity breathing life into the sector. Less than a year after
Wolf Minerals Working to Improve Throughput at Drakelands Tungsten Mine in Devon
November 7, 2016
Wolf Minerals Limited continues to work on increasing throughput at its Drakelands tungsten mine in Devon having restructured its debt, it said, outlining activities in the three months to September 30. As reported last week, the firm has renegotiated the
Peabody Energy to Sell Its Metropolitan Coal Mine to South32 for $200 Million, Australia
November 7, 2016
Peabody Energy has entered into a definitive agreement to sell Metropolitan Mine in New South Wales, Australia, and its associated 16.67 percent interest in the Port Kembla Coal Terminal to a subsidiary of South32 Limited for US$200 million in cash.
Altech Chemicals Opens Office at Its HPA Plant Site, Malaysia
November 4, 2016
Altech Chemicals Ltd has opened an office in Johor, Malaysia only 300 meters from the site of its proposed high purity alumina (HPA) plant. Altech has also appointed a Malaysian based project coordinator, who together with the contracted engineers, M+W
Rescuers Say All 33 Coal Miners Trapped in China Mine Found Dead
November 4, 2016
All 33 coal miners trapped underground in a gas explosion earlier this week have been found dead, state media reported Wednesday, as work safety officials vowed to punish those responsible. Two miners survived Monday’s explosion but rescuers working around the
Giyani Gold Acquires Botswana Manganese Projects
November 3, 2016
Giyani Gold Corp. has entered into a non-binding letter of intent with Arnoldus Brand director and owner of Matsamo Gold Corp Pty Ltd, Menzi Battery Metals Pty Ltd and Qakaza Diamond Corp Pty Ltd to acquire 88-95 percent interest in
Monument Mining Commences Mining Preparation at Block 7 at Selinsing Gold Mine, Malaysia
November 3, 2016
Monument Mining Limited has commenced mining preparation on Felda Block 7 at Selinsing upon acknowledgement of the approval from Pahang State authority to grant a proprietary mining leases (PML) that have now been issued to the underlying land owners, including
France Abandons Plans for Carbon Tax
November 2, 2016
France won’t include a carbon tax in its next budget update, going back on a pledge the country’s energy minister made in May. The primary opposition to the tax was due to “concerns about employment, legal difficulties and security of
Explosion at Coal Mine Traps Dozens in China
November 2, 2016
A gas explosion ripped through a coal mine in western China on Monday, leaving 33 miners trapped, a local government official said. Two other miners were rescued, he said. The condition of those underground isn’t known and rescue work is
Rio Tinto to Sell Its Stake in Simandou Project to Chinalco for $1.3 Billion, Guinea
November 1, 2016
Rio Tinto and Chinalco have signed a non-binding agreement to sell Rio Tinto’s entire stake in the Simandou project in Guinea to Chinalco. The heads of agreement sets out the proposed principal terms of the sale with the aim of
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