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

Sandvik Consolidates to Three Business Areas, Identifies Non-Strategic Operations

May 5, 2016

Sandvik has consolidated to three business areas and identified non-strategic operations. First, Sandvik moved Wolfram (Wolfram Bergbau und Hütten) and two selected production sites from Sandvik Hyperion into Sandvik Machining Solutions. These businesses are internal suppliers to Sandvik Machining Solutions.

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Suspension Lifted at Atalaya’s Proyecto Riotinto Mine, Readies Plant for Restart, Spain

May 5, 2016

Atalaya Mining plc’s temporary tailings disposal suspension has now been lifted at the Proyecto Riotinto Mine. The experts appointed by the Junta de Andalucía, have carried out a final review of the documentation and a physical inspection of the tailings

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Fleurette Enters JV Agreement with Rangold for Moku-Beverendi License Areas, DRC

May 4, 2016

Société Minière de Moku-Beverendi (SMB) has entered into a new joint venture agreement with Randgold Resources relating to the Moku-Beverendi license areas which it has been exploring for mineral deposits since 2011. Moku-Beverendi covers 1,270 square kilometers in the remote

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Newmont Mining Celebrates 95 Years of Industry Leading Performance

May 4, 2016

Newmont Mining Corporation has marked its 95th anniversary since its official incorporation on May 2, 1921. “This anniversary is a testament to Newmont’s enduring success. Then as now, our leadership is rooted in our high quality people and portfolio, our

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Precipitate Gold Completes Regional Field Work at Juan de Herrera Project, Dominican Republic

May 4, 2016

Precipitate Gold Corporation has completed an extensive regional exploration program on its Juan de Herrera project within the Tireo Gold Trend in the Dominican Republic. On March 15, 2016, the company commenced a field program aimed at testing multiple newly

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Red Eagle Mining Continues to Advance Construction of San Ramon Gold Mine, Colombia

May 4, 2016

Red Eagle Mining Corporation has reported financial results for the year ending December 31, 2015 and business highlights to date, including advancements at Red Eagle Mining’s San Ramon Gold Mine in Antioquia, Colombia. In March 2015, Red Eagle Mining was

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Peabody Energy to Expand Its Wambo Underground Coal Mine, New South Wales

May 4, 2016

Wambo coalmine wants to increase its underground production but keep its overall output the same in an application before the NSW Department of Planning and Environment. Wambo is one of a number of mines in NSW and Queensland controlled by

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Russian Gold Miner Petropavlovsk Sells Two Non-core Gold Assets for $20 Million

May 4, 2016

Russian gold miner Petropavlovsk PLC has disposed of two non-core assets for a total of US$20 million. It has inked a deal on the sale of its shares in Ilyinskoye, a firm which holds the license for the Visokoe deposit,

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Dundee Precious Metals Completes Sale of Kapan Mine to Polymetal International for $25M, Armenia

May 3, 2016

Dundee Precious Metals Inc. has completed the previously announced sale of the Kapan mine located in Armenia to Polymetal International Plc. “We are pleased to announce that the sale of the Kapan Mine to Polymetal has been completed. The proceeds

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Capricorn Metals Secures $12.6 Million to Advance Karlawinda Gold Project, Western Australia

May 3, 2016

Capricorn Metals Ltd is well positioned to advance its Karlawinda Gold Project in Western Australia to the next stage after raising $12.6 million from a strongly supported share placement. The placement was undertaken to institutional and sophisticated investors at $0.13

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