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Athens Proposes $900 Million Investment to Russia’s Gazprom for Coal Industry
September 16, 2016
Athens has proposed to invest up to 800 million euros ($900 million) in Greece’s coal industry to Russia’s energy giant Gazprom that holds a 50-percent stake in Prometheus Gas, a Greek - Russian joint company, Russian media reported Tuesday. Athens
Hatch-Indisa Forms New Partnership in Latin America
September 13, 2016
Hatch is pleased to announce that Indisa S.A., a leading engineering firm with over 37 years’ experience in Colombia and Mexico, has joined the Hatch Group of Companies. Working together as Hatch-Indisa, this new partnership will further enhance Hatch’s growing
Rugby Initiates Field Review of Its Newly Acquired Gold Projects in Colombia
September 13, 2016
Rugby Mining Limited has commenced field work designed to set exploration priorities over its recently acquired Colombian gold projects. To the end of August, preliminary visits were completed on 12 of 61 areas considered the most worthy for early assessment.
Fatality at Mandalay Resources’ Cerro Bayo Operations, Chile
September 13, 2016
Mandalay Resources Corporation has reported the fatality of a contractor in an incident that occurred at its Cerro Bayo operation in Aysen, Chile. The incident occurred underground and was reported to the Chilean authorities; an investigation into the incident has
Elemental Minerals Secures $50 Million to Advance Kola Sylvinite Project, Republic of Congo
September 12, 2016
Elemental Minerals Ltd has signed separate definitive investment agreements with three strategic investors totaling US$50 million, via the issue of shares at A$0.20 each. This investment will allow Elemental to appoint an engineering consortium to complete a definitive feasibility study
German Utility Uniper and India Power Form JV, India Uniper Power Services, for Power Plant Services
September 9, 2016
India Power Corporation (IPCL), a Kanoria Foundation entity, and Germany-based Uniper have entered into an agreement to set up a 50:50 service company joint venture, India Uniper Power Services This company will offer a broad range of flexible and customized
Matrix and Monitech Form Africa Partnership
September 1, 2016
Matrix Design Group, LLC has formed a partnership with Brentwood Electronics T/A Monitech for distribution and integration of the Matrix product line, including proximity detection systems, to mines and other industrial operations in Africa. The partnership’s initial venture has delivered
Donaldson Acquires Partmo® Filter Business in Colombia
September 1, 2016
Donaldson Company, Inc. has completed the acquisition of certain business assets from Industrias Partmo, S.A., in Bucaramanga, Colombia, through its new wholly owned subsidiary, Filtros Partmo, S.A.S. “We are excited to complete the Partmo acquisition, and we welcome Partmo’s customers
Anglo American Completes Sale of 70% Stake in Foxleigh Coal Mine in Queensland, Australia
September 1, 2016
Anglo American plc has completed the sale of its 70 percent interest in the Foxleigh metallurgical coal mine in Queensland, Australia to a consortium led by Taurus Fund Management. Foxleigh is an open cut coal operation which produces high quality
Nautilus Minerals Obtains Bridge Financing, Restructures Solwara 1 Project Delivery, PNG
September 1, 2016
Nautilus Minerals Inc. has signed a subscription agreement with Mawarid Offshore Mining Ltd. and Metalloinvest Holding (Cyprus) Limited under which the purchasers have agreed to purchase such number of common shares of the company that will raise gross proceeds of
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