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South Africa to Revise Carbon Tax Bill
February 26, 2016
The Chamber of Mines has welcomed the fact that the draft Carbon Tax bill will be revised‚ taking into account public comments and further consultation. It said on Wednesday that with the current economic conditions facing the industry‚ the mining
TNG Signs with Downer for Construction, Operation of Mount Peake Vanadium-Titanium-Iron Project
February 26, 2016
TNG Limited has signed an initial agreement with Downer EDI to take part in the development, construction and operation of the Mount Peake vanadium-titanium-iron project in the Northern Territory. Last year TNG completed a definitive feasibility study for Mount Peake,
Scotgold Resources to Begin Pilot Processing Trial at Its Cononish Gold-Silver Mine, Scotland
February 26, 2016
A producing gold mine in Scotland could soon become a reality if Scotgold Resources’ pilot processing trial at its Cononish gold-silver mine, gains planning permission. The trial is planned to begin in May this year for the project, which is
Vimy Resources Completes Key Components of DFS for Mulga Rock Uranium Project, Australia
February 26, 2016
Vimy Resources has completed some of the important components of the definitive feasibility study for the Mulga Rock uranium project in the Great Victoria Desert of Western Australia. Mulga Rock, 240 kilometers east-north-east of Kalgoorlie is regarded as the third
Danakali Completes DFS for Its Colluli Potash Project in Eritrea, East Africa
February 26, 2016
Danakali has taken the first step for mining approval of the Colluli potash project, submitting the definitive feasibility study to the Eritrean Ministry of Energy and Mines. Colluli is 100 percent owned by the Colluli Mining Share Company, which is
Tlou Energy Begins Product Testing at Lesedi Coal-bed Methane Project, Botswana
February 26, 2016
Africa focused coal-bed methane group Tlou Energy has begun production testing from a pilot well at the Lesedi project, in Botswana. The testing of the Semelo 1 well aims to show that sustainable gas production is achievable, and also to
WCB Resources & Kula Gold Sign a JV MOU for Misima & Woodlark Island Gold Projects, Papua New Guinea
February 24, 2016
WCB Resources Ltd and Kula Gold Limited have signed a non-binding memorandum of understanding (MOU) in order to explore the possibility of a joint venture between the two companies, bringing together WCB’s Misima Gold Project and Kula Gold’s Woodlark Island
Ritchie Bros. Acquires Online Equipment Listing Service Mascus, Europe
February 24, 2016
Ritchie Bros. Auctioneers Incorporated has acquired Mascus International Holding BV. The acquisition expands the breadth of equipment disposition and management solutions Ritchie Bros. can offer its customers. Mascus operates a vibrant online equipment listing service, with more than 360,000 items
China to Close Down 1,000 Coal Mines
February 24, 2016
China plans on shuttering 1,000 coal mines in 2016 in hopes of puling the country’s coal industry up and out of its glutted doldrums. On Monday the country’s National Energy Administration (NEA) posted a notice on its website announcing its
Zimbabwe Government Seizes Mining Operations in Diamond-rich Marange Area
February 24, 2016
The government has taken control of all mining in the diamond-rich Marange area after private companies were ordered to halt all operations because their licenses had expired, the mining minister said on Monday. All diamond mining will now be managed
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