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Shandong Gold Mining to Acquire TMAC Resources for $149 Million
July 14, 2020
TMAC Resources has entered into a definitive agreement with Shandong Gold Mining Co. Ltd. to which SD GOLD has agreed to acquire all of the outstanding shares of TMAC at a price of C$1.75 per share (the “Offer Price”) in
Adani Awards Contract to G&S Engineering to Build Coal Handling Plant, Australia
July 13, 2020
Mackay-based G&S Engineering, a wholly owned subsidiary of DRA Global Ltd, will build Adani’s Coal Handling Plant, having been awarded a contract to deliver the project. Adani Mining CEO Lucas Dow said G&S Engineering was a leading provider of services
Thiess Wins $1.7 Billion Contract Extension for Lake Vermont Coal Mine, Queensland
July 13, 2020
Australian mining services provider Thiess has secured A$2.5 billion ($1.7 billion) contract extension with Jellinbah Group for the Lake Vermont coal mine in Queensland. Lake Vermont coal mine is one of the operating mines of the Queensland-based coal company. After
Unions at Codelco Say COVID-19 Infections Among Workers Reaching 3,000
July 10, 2020
Nearly 3,000 workers at Chilean state owned copper mining company Codelco have been infected with Covid-19, according to the unions at the company. Concerned over the growing number of coronavirus cases, the unions have called the company for implementation of
First Quantum Minerals to Implement Reopening Plan at Cobre Panama Mine, Panama
July 9, 2020
First Quantum Minerals Ltd. will implement a reopening plan at its Cobre Panama to resume full production. The company has received notice issued by the Ministry of Health of the Republic of Panama (MINSA) lifting the temporary suspensions at its
Endeavour Mining Starts Mining Kari Pump Deposit at Houndé Mine, Burkina Faso
July 8, 2020
Endeavour Mining Corporation has revealed it is kicking off mining at the Kari Pump deposit of its Houndé mine in Burkina Faso. The West Africa-focused company has received a mining permit extension from the Burkina Faso government to cover the
China’s Coal Association CCTD Stops Publishing Key Coal Burn Data
July 8, 2020
The CCTD ceased publishing the data as of July 6 because at least five of the six flagship coastal utilities have stopped releasing their daily coal burn data. Only Zhejiang Power’s daily coal burn data was still available on CCTD’s
Lundin Gold Restarts Operations at Fruta Del Norte, Ecuador
July 7, 2020
Lundin Gold has restarted operations at its Fruta del Norte gold mine in Ecuador. The company anticipates resuming regular shipping of concentrate to the port within the next few days. The mill is currently processing ore from stockpile and the
Landslide at Myanmar Jade Mine Kills at Least 162
July 6, 2020
A massive landslide at a jade mine in Myanmar has killed at least 162 people — a moment captured in dramatic video showing a wall of earth sliding down a mountainside into a water-filled open pit. About 12 hours after
Mongolia and Oyu Tolgoi Enter Agreement for State Owned Power Plant
July 2, 2020
Turquoise Hill Resources said the Government of Mongolia and Oyu Tolgoi have reached an agreement to prioritize a State Owned Power Plant (SOPP) in order to support the Government’s decision as the domestic power solution for the Oyu Tolgoi mine
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