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Reservoir Minerals and Rio Tinto Complete Earn-In & JV Agreement for Timok Magmatic Complex, Serbia
January 28, 2016
Reservoir Minerals Inc. and Rio Tinto Mining & Exploration Limited have completed an earn-in and joint venture agreement. Under the terms of the agreement, Rio Tinto has the option to earn-in stages up to a 75 percent interest in Reservoir’s
GE Signs €40 Million Agreement with PGE to Modernize Coal Power Plant, Poland
January 28, 2016
GE’s Power Services business has secured orders valued approximately at €40 million with PGE Gornictwo i Energetyka Konwencjonalna S.A. (PGE GiEK S.A.), the largest utility in Poland, to upgrade generator and steam turbine assets at the Turow Power Plant. The
Ivanhoe Mines Releases Independent Mineral Resource Estimate for Its Kipushi Mine, DRC
January 28, 2016
Ivanhoe Mines has released a new, independent, mineral resource estimate for the company’s historic, high-grade, Kipushi zinc-copper-germanium-lead-silver mine. Kipushi is a joint venture between Ivanhoe Mines and Gécamines, the state-owned mining company. Highlights of this initial estimate are: • Measured
E tū to Close Its ROA Coal Mine, New Zealand
January 28, 2016
E tū will close its ROA coal mine in New Zealand. Workers at ROA Mine, near Blackball, were told that the company will suspend their underground operations as falling coal prices mean the mine is no longer economically viable. “The
ANTAM Ceases Mining Activities at Cikotok Gold Mine, Lebak Regency, Banten
January 28, 2016
PT ANTAM (Persero) Tbk has ceased gold mining activities at Cikotok gold mine, Lebak Regency, Banten. “The Cikotok gold mine has become a part of Indonesian history as it started operations during the colonial period in 1936 and then transformed
Vedanta Marks Final Shipment from Lisheen Zinc Mine, Ireland
January 27, 2016
Vedanta Ltd’s Lisheen Mine marked its final shipment of zinc on Thursday, January 21, 2016. Mining activity at the Lisheen Mine was concluded in November 2015, whilst milling ceased in December 2015, after 17 years of operation. “Lisheen has made
ACWA Power Signs Investment Agreement for $2.2 Billion Coal Power Project, Vietnam
January 27, 2016
ACWA Power and its consortium partner Taekwang Power have signed investment agreement with the Vietnam Ministry of Industry and Trade for the 1,200MW Nam Dinh 1 thermal power plant project. The $2.2bn power plant is planned to be built in
Praxair China Starts Up New Air Separation Plant for Coal Gasification Process
January 27, 2016
Praxair, Inc. has started up a large air separation plant in northern China for the Yankuang Guohong Chemical Co., Ltd facility in Zoucheng City. Yankuang Guohong Chemical Co., Ltd is a subsidiary of Yankuang Group, which has total assets of
Stellar Diamonds Finds 55-carat Diamond at Baoulé Kimberlite, Guinea
January 27, 2016
Stellar Diamonds unearthed its biggest diamond yet at a project in Guinea. The company said it had found a 55-carat diamond at its 75 percent owned, five-hectare Baoulé kimberlite pipe in the west African country. Stellar said the find confirmed
African Potash Meets With Ugandan President to Discuss Project Cooperation
January 27, 2016
Fertilizer trader African Potash said it recently met with the president of Uganda to discuss potential opportunities for co-operation. Executive chairman Chris Cleverly and director Lord Peter Hain, former UK cabinet minister, met with His Excellency Yoweri Museveni and a
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