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

Cokal to Develop Underground Mine Operation at BBM Metallurgical Coal Mine, Indonesia

August 16, 2024

Cokal has signed a binding agreement with Cipta Bersama Indonesia (CBI) to develop an underground mining operation at pit 1 of the Bumi Barito Mineral (BBM) metallurgical coal mine in Indonesia. Located in the Central Kalimantan Province, the BBM mine

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India to Offer Incentives for Critical Minerals Extraction

August 16, 2024

India plans to provide funding for research institutes to give technical assistance to miners, according to a government source and a letter reviewed by Reuters, to try to develop a critical minerals industry. The funding illustrates the efforts India is

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BHP Workers at Escondida Copper Mine Go on Strike, Chile

August 15, 2024

Mining giant BHP said on Tuesday it had started removing workers on strike at its Escondida Copper Mine in Chile, deepening tensions at the site after a powerful union rejected the company’s latest invitation for talks on pay. The strike

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Navoi Mining to Invest $23 Million on Muruntau Mine Expansion, Kyzylkum

August 15, 2024

The expansion involves the construction of a new conveyor, power lines, an extension of the tipping conveyor line by 1,100 meters, plus other auxiliary facilities, at the Northeast Complex. Launched in 2021, the complex represents a catalyst for the further

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Centurion Minerals to Acquire 50% Stake in Global Group’s San Cristobal Project, Nicaragua

August 14, 2024

Centurion Minerals has executed a binding letter of intent with Global Group S.A., a Nicaragua-based corporation, where Centurion has agreed to acquire 50 percent of the San Cristobal project by agreeing to fund all exploration and development activities up to

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Gold Fields to Acquire Osisko Mining for $1.57 Billion

August 13, 2024

Gold Fields Limited has entered into a definitive agreement with Osisko Mining to acquire all the common shares of Osisko Mining. This transaction, if approved by Osisko Mining shareholders, will give Gold Fields full control of the Windfall Project in

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Calibre Mining Makes First Ore Shipment from Volcan Pit to Libertad Mill, Nicaragua

August 12, 2024

Calibre Mining has made its first ore delivery to the Libertad Mill from its 100 percent owned Volcan Deposit. Volcan is anticipated to be a meaningful contributor to the company’s production profile during the second half of 2024. “I am

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Polymetals Releases Enhanced Mine Plan for Endeavor Project, Australia

August 9, 2024

Polymetals Resources has released the results of its refined mine plan for the Endeavor Silver, Lead, and Zinc Mine, located north of Cobar, NSW. This new plan follows the mine restart study (MRS) published on October 16, 2023, and it

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Westgold and Karora Resources Complete Merger in $808 Million Deal

August 9, 2024

Westgold Resources and Karora Resources have completed the merger of Westgold and Karora to create a leading mid-tier gold producer and international gold company. Westgold acquired 100 percent of the issued and outstanding shares of Karora by way of a

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South Star Battery Metals Readies to Commission Its Santa Cruz Graphite Mine, Brazil

August 8, 2024

South Star Battery Metals said phase 1 construction for the company’s flagship Santa Cruz Graphite Mine is substantially complete and commissioning is underway. Santa Cruz is located in Bahia, Brazil, and the phase 1 plant has a nameplate capacity of

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