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Argosy Secures Approval for Rincon Lithium Project, Argentina
January 13, 2020
Australia-based Argosy Minerals said that the Government of Salta Province in Argentina, along with its regulatory bodies, has granted approval notice for the development of the next stage works at its Rincon lithium project. The approval has been given to
Rio Silver Acquires Palta Dorada Gold-Silver-Copper Project, Peru
January 13, 2020
Canada-based Rio Silver has acquired the Palta Dorada gold-silver-copper project, and has signed a Memorandum of Understanding (MOU) with Peruvian Metals to jointly develop the property. The Palta Dorada property is located in the Ancash mining department in Northern Peru,
Brazilian Mining Firm Vale to Divest Stake in Longyu for $152 Million
January 7, 2020
Brazilian mining company, Vale has agreed to sell its entire 25 percent stake in the Chinese company Henan Longyu Energy Resources to the Yongmei Group in a deal worth $152 million. Longyu is operated by Yongmei, which is a subsidiary
Rio Tinto Increases Donation to Australian Red Cross for Bushfire Relief and Recovery Efforts
January 3, 2020
Rio Tinto has donated a further A$750,000 to the Red Cross’ disaster relief and recovery efforts that are supporting people affected by Australia’s bushfire crisis. It adds to the A$250,000 Rio Tinto donated to the Red Cross in November, bringing
Gold Fields Receives Environmental Approval for Its Salares Norte Project, Chile
December 30, 2019
The Atacama Environmental Assessment Commission has approved the environmental impact study for Gold Fields Limited’s Salares Norte project in Chile. The environmental approval for the project is a crucial step for Gold Fields as it evaluates a construction decision. “The
Rio Tinto to Resume Operations at Richards Bay Minerals, South Africa
December 30, 2019
Rio Tinto has started the process of resuming operations at Richards Bay Minerals (RBM) in South Africa. This follows discussions led by the Premier of KwaZulu-Natal, Sihle Zikalala, involving all stakeholders focused on securing stability in order to address the
AngloGold Ashanti Pours First Gold at Obuasi Gold Mine, Ghana
December 20, 2019
AngloGold Ashanti has achieved its first pour of gold from the Obuasi Gold Mine, signaling the successful redevelopment of the mine into a modern, mechanized mining operation since mining activities were suspended five years ago. The Obuasi redevelopment project, which
Newmont to Sell Stake in KCGM Gold Asset to Northern Star for $800 Million, Australia
December 19, 2019
Newmont is set to quit the Kalgoorlie Consolidated Gold Mines (KCGM) joint venture in Australia by selling its 50 percent stake in the gold asset to Australian gold producer Northern Star Resources for $800 million. KCGM is the management company
Mining Research Center to Help Australia Master Emerging Technologies
December 19, 2019
Funding for a new national mining research and training center in Australia has opened up a “unique opportunity” for the country to “master” emerging technology in the industry, says a professor. The facility, named as the Australian Research Council Industrial
Eskom Power Shutdown Rattles South African Mining Operations
December 19, 2019
Several South African gold and PGM mining companies were affected by power cuts Monday enacted by state power utility Eskom. Power supply shortfalls at South African state utility Eskom, which supplies over 95 percent of the country’s electricity, left the
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