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Dundee Precious Metals Restarts Ausmelt Furnace at Tsumeb Smelter, Namibia
August 17, 2016
The Ausmelt furnace at Dundee Precious Metals Inc. (DPM)‘s Tsumeb smelter in Namibia successfully recommenced operations on August 13, 2016, as anticipated. On July 22, 2016, a regional power outage, followed by issues with emergency power backup systems, led to
Metso Signs Landmark Deal with World’s Largest Copper Miner Codelco, Chile
August 17, 2016
Metso has won a significant deal to support the conversion of the largest open-pit copper mine in the world to a large-scale underground mining operation. The Chuquicamata mine, located 1,650 kilometers north of Santiago, Chile, is owned and operated by
Harsco Signs Multiyear Mill Services Contract with Ezz Steel, Middle East and North Africa
August 17, 2016
Harsco Corporation’s Metals & Minerals division has signed a new, multiyear contract with Ezz Steel. The contract — valued at more than $35 million — calls for the provision of mill services at Ezz Steel’s Sadat City plant. Under the
Outotec to Deliver Flotation and Dewatering Technology to Russia
August 17, 2016
Outotec has been awarded a contract for the delivery of flotation and dewatering technology in Russia. The contract value is close to EUR$30 million including equipment deliveries and installation supervision services. The order has been booked in Outotec’s 2016 third
Atlas Copco Closes Rock Drill Factory in China
August 17, 2016
Atlas Copco AB, the Swedish maker of mining equipment and compressors, said it will close a factory in China that makes rock drills for mining, in response to Chinese cuts in coal production capacity. The Shenyang factory in the Liaoning
Peabody Energy to Shut Burton Coal Mine and Other Australian Assets
August 17, 2016
Peabody Energy’s creditors have approved a plan that involves a major scaling back of production at its Australian assets and the closure of its Burton mine in central Queensland later this year. The Burton mine is operated by Thiess which
India Pioneers Ultra Supercritical Technology for Power Plants by 2020
August 17, 2016
A pioneering indigenous technology for coal-fired power plants, which requires less fuel, delivers greater efficiency and is a tad cleaner, will be ready in four years—possibly ahead of other countries in the race. Revealing this to IANS in an interview,
Silver Bear Approves Facilities Agreement for Development of Mangazeisky Project, Russia
August 17, 2016
Silver Bear Resources has approved entering into a facilities agreement and certain related security documents with the company’s major shareholders. The deal is for providing the company and its indirect wholly-owned Russian subsidiary, Closed Joint Stock Company Prognoz, with financing
Malawi Aligns Its Mining Policy with African Mining Vision
August 16, 2016
The Malawi Government through Ministry of Natural Resources, Energy and Mining with the support of African Minerals Development Centre (AMDC) hosted a three-day stakeholder consultative meeting to review its 1981 Mines and Minerals Act (MMA) and to align its mining
East Africa Metals Files Mine Permit Application for Terakimti Oxide Gold Project, Ethiopia
August 15, 2016
East Africa Metals Inc. has filed the mine permitting application for the Terakimti Oxide Gold Project at the company’s 70 percent owned Harvest Project located in the Tigray region of Ethiopia. Final draft documents have been approved by the board
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