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Lanka Graphite Completes Feasibility Study for Development Options in Sri Lanka
June 15, 2016
Lanka Graphite Ltd has completed a feasibility study on development options for the vein graphite and graphene industry in Sri Lanka. This could involve graphite assets owned by the government. The feasibility study is a progression from the memorandum of
Ariana Resources Progresses with Construction at Kiziltepe Gold Mine, Turkey
June 15, 2016
Ariana Resources plc says much of process plant at its new gold mine at Kiziltepe in Turkey is built and work has started on the tailings storage facility (TSF). Approval for the facility has just been received and construction will
Bhel Commissions First Thermal Unit at Yeramarus Coal Power Station, India
June 15, 2016
India’s state-run Bharat Heavy Electricals (Bhel) has commissioned the first 800MW thermal unit at the Yeramarus thermal power station (TPS) located in Raichur district of in the state of Karnataka. The Yeramarus power plant is being developed by Raichur Power
Jacobs Secures EPCM Contract for Oyu Tolgoi Underground Copper and Gold Mine, Mongolia
June 14, 2016
Jacobs Engineering Group Inc. has secured a contract with Oyu Tolgoi LLC to provide engineering, procurement and construction management (EPCM) services for the next stage in the development of the Oyu Tolgoi copper and gold mine in Mongolia, the Oyu
Copper Mesa Mining Awarded $24.365 Million for Expropriation of Two Mining Projects by Ecuador
June 14, 2016
Copper Mesa Mining Corporation has been awarded $24.365 million for expropriation of two mining project by Ecuador. On March 15, 2016, an Arbitral Tribunal of the Permanent Court of Arbitration in the Hague, Netherlands released its award in relation to
Strike Ends at Kinross Gold’s Tasiast Mine, Mauritania
June 14, 2016
The strike by unionized employees at Kinross Gold Corporation’s Tasiast mine that began on May 24, 2016 has ended. Striking employees began returning to work on June 11, 2016 and negotiations with the staff delegates on a new collective labor
Genesis Minerals Sign Gold Processing Agreement for Its Ulyssess Gold Project, Australia
June 10, 2016
Genesis Minerals Ltd will have the gold that produced from its Ulyssess Gold Project processed at the Davyhurst Mill belonging to Eastern Goldfields Ltd, after signing an agreement today. The mill is located 135 kilometers away paves the way for
Adaro Energy to Acquire BHP Billiton’s Stake in IndoMet Coal Project for $120 Million, Indonesia
June 10, 2016
BHP Billiton has agreed to sell its majority stake in the IndoMet coal project in Indonesia to its local joint venture partner, Adaro Energy. The mining giant is believed to have sold its 75 percent stake in the project for
Spain to Spend $2.4 Billion on Shutting Down Coal Mines
June 10, 2016
Spain has won approval from European authorities to spend 2.13 billion euros ($2.4 billion) on the closure of 26 coal mines by 2018. The government expenditure includes covering production losses as the uncompetitive mines wind down, providing financial support to
Glencore to Close Tahmoor Coal Mine, Australia
June 10, 2016
Swiss mining major Glencore is planning to close its Tahmoor underground coal mine in New South Wales, Australia, amid slump in prices in global coal markets. The company has commenced consultation with Tahmoor’s workforce in order to close the mine
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