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African Potash Signs Fertilizer Distribution MOU with Ugandan Government

June 24, 2016

Fertilizer specialist African Potash as signed a non-binding Memorandum of Understanding (MoU) with the Ugandan government to develop a distribution network for the country’s farmers. The MoU is supported by the Common Market for Eastern and Southern Africa (COMESA), a

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Aureus Mining Restarts Production at New Liberty Mine After Plant Upgrade, Liberia

June 24, 2016

Aureus Mining Inc has received the sign-off from Liberia’s Ministry of Lands, Mines and Energy for the restart of work at the New Liberty gold processing plant. It follows an intensive period of modification and optimization overseen by Maelgwyn Mineral

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Three Australians Among Group of Mine Workers Kidnapped in Nigeria

June 24, 2016

Three Australian citizens and one Australian resident are among a group of workers who were abducted in a deadly ambush in south-east Nigeria, during which their driver was shot dead, Prime Minister Malcolm Turnbull has confirmed. The group was traveling

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ALROSA Recovers a 241.21 Carat Diamond at Nyurbinskaya Pipe, Russia

June 22, 2016

PJSC ALROSA has recovered a 241.21-carat rough diamond from Nyurbinskaya pipe. It is one of the largest rough diamonds recovered in the Russian Federation and the third largest among those found at Nyurba Mining and Processing Division. The crystal measures

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Eclipse Metals Signs JV to Advance Its Liverpool Uranium Project, Australia

June 22, 2016

Eclipse Metals Ltd has agreed to a joint venture and farm-in with an as yet disclosed multi-national mining company over its Liverpool Uranium Project in the Alligator Rivers uranium field in Northern Territory. The agreement is subject to a 30-day

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Metso Named Among the Best Mining Industry Suppliers in Chile

June 22, 2016

Metso has been awarded First Place in the Best Performance Supplier category in the Mineral Processing segment, according to the results of the fifth “Ranking of Suppliers of the Mining Industry” made by Phibrand in conjunction with the Ministry of

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De Beers Sells 50% Stake in Morupule Coal Mine, Botswana

June 22, 2016

De Beers is set to sell its 50 percent stake in Botswana’s sole coal mine to the country’s government, as part of parent company Anglo American’s attempts to trim its commodities portfolio, according to a report on Reuters. De Beers

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CPFL Energia to Acquire AES’ Brazil Utilities AES Sul for $464 Million

June 21, 2016

The AES Corporation has entered into an agreement to sell its 100 percent equity interest in AES Sul, one of its utilities in Brazil, to CPFL Energia S.A. for BRL1,698 million (equivalent to $464 million at the expected BRL/USD conversion

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Kinross Gold Temporarily Suspends Mining and Processing Operations at Tasiast Mine, Mauritania

June 21, 2016

Kinross Gold has temporarily suspended mining and processing operations at its Tasiast mine in Mauritania. As a result of the Mauritanian Ministry of Labor’s decision on June 17, 2016 to prohibit certain expatriate employees from working at site due to

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Glen Eagle’s Cobra Oro Exports Its First Shipment of Precious Metal to U.S. Market

June 21, 2016

Glen Eagle Resources Inc. has shipped its first shipment of precious metal to NTR Metals in Miami C$185,000 in gold and silver from Cobra Oro. Previous sales by Cobra Oro were done locally through a third party. To finalize the

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