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BHP to Acquire Norilsk’s Honeymoon Well Nickel Project in Western Australia
June 22, 2020
Australian mining and resource firm BHP has signed an agreement with Norilsk Nickel Australian Holdings’ subsidiary MPI Nickel to acquire the latter’s Honeymoon Well nickel project in Western Australia (WA). The Honeymoon Well nickel project comprises the Honeymoon Well development
Shandong Gold Mining to Acquire Cardinal Resources for $221 Million
June 22, 2020
China-based gold producer Shandong Gold Mining has agreed to acquire Cardinal Resources, a Ghana-focused miner, for around A$321 million ($221 million) in cash. The directors of Cardinal Resource who own a total of 6.37 percent stake in the company intend
New South Wales Mines Undertakes COVID-19 Emergency Exercises
June 22, 2020
The NSW Resources Regulator has completed a virtual emergency response exercise with mines from the Cobar and Nyngan areas in New South Wales. The first session of exercise “pandemineium” was undertaken in April through a combined effort between the regulator,
IAMGOLD Suspends Operations at Rosebel Gold Mine Due to COVID-19, Suriname
June 18, 2020
IAMGOLD Corporation said that seven personnel at its Rosebel Gold Mine operation in Suriname have been diagnosed with COVID-19. The individuals have been quarantined and are receiving medical care as appropriate. Disinfection of their living quarters and work areas, along
Queensland Offers $7 Million in Exploration Grants for Development of New Mines
June 17, 2020
The Queensland government has announced the availability of AUD10 million ($6.9 million) in exploration grants to speed up the development of new mines. The new package is aimed at boosting exploration of new economy minerals and support mine technology innovators
Zijin Mining Group to Acquire Guyana Goldfields for $236 Million
June 17, 2020
Canadian gold miner Guyana Goldfields has agreed to be acquired by Zijin Mining Group, a Chinese mining company, for about $236.14 million. In this connection, the parties have entered into a binding arrangement agreement under which the Chinese firm will
India’s Top Coal State Seeks Auction Delay
June 17, 2020
India’s leading coal-producing state has sought to delay the auctioning of coal blocks for commercial mining as it fears weak participation from domestic and global firms amid the Covid-19 pandemic. The request from India’s eastern Jharkhand state, which accounts for
Lundin Gold Begins Steps to Resume Operations at Fruta Del Norte
June 16, 2020
Lundin Gold’s first phases for restart of operations at Fruta del Norte are well underway. The company has shipped all of the concentrate and doré that had been stored at site since the suspension of operations on March 22, 2020.
Novo Resources to Acquire Mt. Elsie Gold Project, Western Australia
June 16, 2020
Novo Resources has entered into a binding terms sheet to acquire three exploration licenses (Mt. Elsie Projec) comprising an area of approximately 19km2 located 75 km north-east of the town of Nullagine, Western Australia and adjacent to numerous Novo wholly-owned
Glencore’s $1.5 Billion Coal Mine a Step Closer After Queensland Grants Special Status
June 15, 2020
The Switzerland-based mining company Glencore will push ahead with a proposed $1.5 billion open-cut coalmine after the Queensland government announced it had granted the project special status on Friday. The Queensland government’s decision will bring environmental and other assessments for
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