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Two Chinese Miners Kidnapped by Gunmen in Nigeria
August 10, 2016
Police say gunmen have kidnapped two Chinese miners in central Nigeria. Police say local hunters and others are helping them in “a very intense search” for the miners in the forest and bush of Nasarawa state. Assistant police superintendent Numan
Coal India to Hold e-Auction for Power Plants this Month
August 10, 2016
Coal India will this month hold special forward e-auction for power producers, amid government’s plans to provide round-the-clock electricity to all. “Special forward e-auction for 2016-17 for power producer phase III will be held this month,” an official said, adding
Rio Tinto Approves $338 Million for Development of Silvergrass Mine, Western Australia
August 8, 2016
Rio Tinto will invest an incremental $338 million to complete the development of the Silvergrass mine in its world-class Pilbara iron ore operations in Western Australia. The brownfield expansion of the high-grade Silvergrass mine offers attractive returns, with an expected
Rio Tinto Unveils New Organizational Structure and Executive Team to Drive Performance
August 8, 2016
Rio Tinto will strengthen its organizational structure to continue to drive performance under its new Chief Executive Jean-Sébastien Jacques. From July 2, 2016, Rio Tinto’s product group structure will be adjusted to better align the group’s assets with the business
Maximus Resources to Acquire Ramelius’ Burbanks Processing Facility for $2.5 Million, Australia
August 5, 2016
Maximus Resources Ltd will acquire the Burbanks Processing Facility located 8 kilometers south of Coolgardie in Western Australia from Ramelius Resources Ltd for $2.5 million. The Burbanks Processing facility is situated 60 kilometers from Maximus’ Spargoville exploration portfolio and within
Peninsula Energy Enters Partnership Agreement to Advance Karoo Uranium Project, South Africa
August 5, 2016
Peninsula Energy Ltd has entered a partnership to advance its Karoo uranium projects in South Africa, (Peninsula 74 percent / BEE Groups 26 percent). Peninsula has entered into a subscription agreement with Concentrate Capital Partners Limited (CCP), an independent investment
Avenira to Start Production at Baobab Phosphate Project, Senegal
August 5, 2016
Avenira Ltd is only weeks away from production at the Baobab Phosphate Project in Senegal, after commencing water commissioning of the wet screening plant. The company’s strategy is to develop the project based on an initial Stage 1 operation producing
India’s NTPC to Scale Up Coal Output
August 5, 2016
NTPC aims to scale up its captive coal output in a way that it takes care of at least 25 percent of its needs, going ahead after years of delay in developing these mines. The state-run power generator has 10
Regional Power Outage at Dundee’s Ausmelt Furnace Causes Damages to Refractory Lining, Namibia
August 3, 2016
A regional power outage has resulted in damage to the refractory lining of Dundee Precious Metals Inc.‘s Ausmelt furnace, the repair of which is expected to take approximately three weeks. Subsequent to a power blackout in Namibia at 9:20 pm
French Company Effort Management Group Expands Into Russian Proppant Market
August 3, 2016
Effort Management Group intends to take over the proppant market in Russia. This decision was declared by the chief financial officer of the Group Marc Van den Meersche on June 1, 2016 during the conference held in Paris dedicated to
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