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NEWS Click on text to read news by category: General | Product | People | Worldwide

Anglo American Completes Sale of Callide Coal Mine to Batchfire Resources, Australia

November 1, 2016

Anglo American plc has completed the sale of its wholly owned interest in the Callide thermal coal mine in Queensland, Australia to Batchfire Resources Pty Ltd. Callide consists of an open cut thermal coal mine and associated processing infrastructure that

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Metallica Ships First Bauxite from Its Cape York Heavy Metal Sands and Bauxite Project, Queensland

October 31, 2016

Metallica Minerals Ltd’s logistics partner has successfully shipped its maiden bauxite cargo from Hey Point near Weipa, Queensland. The successful barging and transhipment of bauxite ore through the Hey Point facility validates the company’s decision to use the low capital

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Gascoyne Resources Closes in on Gold Production at Dalgaranga Project, Western Australia

October 31, 2016

Gascoyne Resources Ltd is on track to complete the feasibility study on its 80% owned Dalgaranga project located in Western Australia during the December quarter. Three drill rigs were active at Dalgaranga for most of the September quarter targeting resource

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Argosy Minerals to Develop Pilot Lithium Plant in Argentina

October 31, 2016

Argosy Minerals Ltd has approved the first stage development plan for a pilot plant at its Rincon Lithium JV Project located in the “Lithium Triangle” in Salta Province, Argentina. The target for the first stage is to produce a laboratory

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Equus Mining to Acquire Los Domos Gold-Silver Project, Chile

October 31, 2016

Equus Mining Ltd has secured the rights to acquire the Los Domos gold-silver project located in Chile’s XI Region, adjacent to the Cerro Bayo silver-gold mine. The Cerro Bayo silver-gold mining operations, owned by Mandalay Resources Corp, is currently producing

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Scientific Metals to Acquire Two Lithium Brine Projects, Argentina

October 27, 2016

Scientific Metals Corp. has entered into an arm’s length standstill agreement which provides Scientific Metals exclusive negotiating rights to purchase a 100 percent interest in two prospective lithium brine projects in Northwest Argentina. The properties surround areas of salar (dry

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Sirius Minerals Strikes $300 Million Deal with Gina Rinehart Company, UK

October 27, 2016

Sirius Minerals PLC signs a financing deal worth up to US$300mln with the company controlled by one of the world’s richest woman. The pact with a subsidiary Gina Rinehart’s Hancock Prospecting will form an important plank of the overall funding

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New Colombia Resources to Advance Approval for Permit to Add Rock Mining Operations

October 27, 2016

New Colombia Resources, Inc. met with the Agencia Nacional de Mineria (ANM) to advance the expedition of a work permit to begin rock mining operations. The company already has an approved work plan for coal mining, however, they’re awaiting approval

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Brazilian Prosecutors Charge 21 National and Foreign Mining Executives After Fatalities During Mine

October 27, 2016

Brazilian prosecutors have charged 21 national and foreign mining executives with manslaughter and other environmental crimes almost a year after a mine dam burst killed 19 people and polluted hundreds of miles of rivers and streams. The office of the

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Vietnam Goes from Coal Exporter to Coal Importer

October 27, 2016

Vietnam, previously a coal exporter, imported 10.5 million tonnes of coal in the first nine months of the year, a 147 percent year-on-year, mostly from China, Russia and Australia. Tho told participants that the coal industry’s target was to effectively

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