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South Africa Approves Construction of Two Coal-power Plants
October 11, 2016
The Department of Energy unveiled yesterday coal independent power producers (IPPs) Khanyisa and Thabametsi as the preferred bidders to build two coal-fired power plants that will add 863.3 megawatts (MW) of electricity to the country’s system in the next five
Japan’s Jera to Buy EDF Trading’s Coal Business Amid Expansion
October 11, 2016
Jera Co., a venture between two of Japan’s biggest power utilities, agreed to acquire EDF Trading Ltd.’s coal-trading business as part of a push to lower fuel costs and expand its overseas business. The Tokyo Electric Power Co. Holdings Inc.
Vale Agrees to New Terms to Sell Some of Its Mozambique Coal Assets to Mitsui
October 10, 2016
Brazilian mining firm Vale has agreed on new terms for a deal to sell some of its Mozambique coal assets to Japan’s Mitsui & Co. Under the new terms, Mitsui will contribute up to $450m for a 15 percent stake
Dynacor Begins Operations at Its Veta Dorada Gold Ore Processing Plant, Peru
October 6, 2016
Dynacor Gold Mines Inc. has begun operating its modern Veta Dorada ore processing plant located in Chala, Peru. Initial ore purchases from its more than 200 small and medium sized miners are going well and according to expectations. The corporation
Newmont Brings Merian Gold Mine into Commercial Production, Suriname
October 6, 2016
Newmont Mining Corporation has completed construction of the Merian gold mine in Suriname on time and more than $150 million or nearly 20 percent below its initial development capital budget. First gold was poured and Newmont declared commercial production on
Hudson Resources Defines Robust Business Plan for Its White Mountain Anorthosite Project, Greenland
October 6, 2016
Hudson Resources Inc. has confirmed its White Mountain anorthosite (calcium feldspar) will make an excellent mineral additive for the paint, coatings, and polymer industries. Known as functional fillers or extenders, mineral additives are used for their physical properties to improve
Barrick Resumes Operations at Veladero Mine, Argentina
October 6, 2016
Barrick Gold Corporation has resumed normal operations at the Veladero mine in Argentina following approval from San Juan provincial authorities. Operations at the mine were suspended on September 15, a week after falling ice damaged a pipe carrying process solution
Strike Disrupts Operations at Freeport’s Grasberg Mine in Indonesia
October 5, 2016
The U.S. owner of a gold and copper mine in eastern Indonesia that is among the largest in the world says its operations have been disrupted by a days-long strike. Freeport-McMoran spokesman Riza Pratama said Monday that open pit mining
Queensland’s Mining Technology in the Spotlight at MINExpo 2016
October 5, 2016
Two Queensland mining technology companies are taking center stage, as they showcase new products at a US conference, and chase a bigger chunk of the US$220.4 billion North American mining market. Minister for State Development Dr. Anthony Lynham is in
MICROMINE Implements Fleet Management & Mine Control Solution Pitram at Erdenet Mining, Mongolia
October 4, 2016
MICROMINE has implemented its fleet management and mine control solution Pitram, at one of Mongolia’s largest mines, Erdenet Mining Corporation (EMC). The implementation of Pitram on EMC’s hauling fleet, included the integration to Belaz payload and fuel management systems, along
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