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

Feasibility Study Approved for Turquoise Hill’s Oyu Tolgoi Copper-Gold-Silver Mine, Mongolia

May 9, 2016

Turquoise Hill Resources’ Oyu Tolgoi has received the formal notice to proceed approval by the boards of Turquoise Hill, Rio Tinto and Oyu Tolgoi LLC respectively, which was the final requirement for the re-start of underground development. As part of

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Janus Global Operations Opens Dubai Office as Hub for Middle East, Asia, and Africa Operations

May 9, 2016

Janus Global Operations (JGO) has opened an office in Dubai, United Arab Emirates, to manage the company’s commercial and government client operations in the Middle East, Asia, and Africa. The office will serve as JGO’s regional hub, said Alan Weakley,

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Middle Island Resources Acquires Sandstone Gold Project, Processing Plant for $2.5 Million

May 6, 2016

Middle Island Resources Ltd’s has acquired 100 percent of the Sandstone gold project including an existing CIP processing plant for $2.5 million, located 600 kilometers northeast of Perth. Southern Cross Gold acquired the Sandstone project from Troy Resources which had

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BHP and Vale Face $44 Billion Lawsuit Over Brazil Dam Disaster

May 6, 2016

Federal prosecutors in Brazil have filed a $43.5bn (£30bn) civil lawsuit against iron miner Samarco, and its owners BHP Billiton and Vale. It follows the collapse of a dam they owned that caused a huge mudslide, polluted a river, and

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Agrimin Completes Geotechnical Study at Mackay Sulphate of Potash Project, Western Australia

May 6, 2016

Agrimin Ltd has completed a geotechnical study at the Mackay Sulphate of Potash (SOP) project at Lake Mackay in Western Australia. Importantly, the geotechnical study confirms that evaporation ponds can be constructed as cut-to-fill structures, which is the lowest cost

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Empire Resources Receives Clearance to Proceed with Its Penny’s Find Gold Project, Western Australia

May 6, 2016

Empire Resources Ltd has received clearance from the West Australian Department of Mines and Petroleum to proceed with the Penny’s Find gold project, situated 50 kilometers northeast of Kalgoorlie in Western Australia. The company’s project management plan satisfies the requirements

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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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