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NEWS Click on text to read news by category: General | Product | People | Worldwide

Tanzanian Gold to Begin Production at Buckreef Gold Project, Tanzania

December 10, 2019

Tanzanian Gold has announced that it plans to commence production at the Buckreef gold project in Tanzania. Located in north-central Tanzania immediately to the south of Lake Victoria and 110km southwest of Mwanza, the project was acquired by Tanzanian Royalty

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Gold Road Resources and Gold Fields Open $423 Million Gruyere Gold Mine, Australia

December 10, 2019

Gold Road Resources and Gold Fields have officially opened the $423.46 million Gruyere gold project in Western Australia. The gold mine, which is a 50:50 joint venture between the two mining firms, was inaugurated during a ceremonial event by Western

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Zijin Mining to Acquire Continental Gold for $1 Billion

December 10, 2019

Chinese mining company Zijin Mining Group has agreed to acquire Canada-based Continental Gold in an all-cash deal worth $1.05 billion. The deal gives the Chinese firm access to Continental Gold’s key asset, the Buriticá gold project in Colombia. Continental Gold

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REMA TIP TOP Awarded Conveyor Belting Contract for BHP’s South Flank Project, Australia

December 9, 2019

Engineering company Monadelphous Group has awarded a contract to REMA TIP TOP Australia to install more than 50km of conveyor belting for the BHP’s $3.6 billion South Flank iron ore project in Western Australia’s Pilbara region. Under the terms of

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Tinka Resources Achieves Permit Milestone for Its Ayawilca Zinc Project, Peru

December 5, 2019

Tinka Resources Ltd reported more high-grade zinc finds at its flagship Ayawilca project in Peru and a major permit milestone. The group has received approval for its modified environmental impact assessment for the project from the Peruvian Ministry of Energy

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BHP to Mobilize Autonomous Trucks at Goonyella Riverside Coal Mine by Mid-2020

December 5, 2019

BHP Mitsubishi Alliance (BMA) is set to introduce autonomous haulage at the Goonyella Riverside coal mine in Queensland next year in an effort to reduce exposure to safety risks. The move will not involve any forced redundancies, but is anticipated

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U.S. Geological Survey Signs Critical Minerals Research Agreement with Australia

December 5, 2019

GeoScience Australia and the U.S. Geological Survey (USGS) have signed an agreement to jointly develop a better understanding of the critical minerals reserves for both countries. The agreement will look at better quantifying the global supply potential of critical minerals

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Allahabad Cracks Down on Illegal Mining with New Satellite Images Program, India

December 5, 2019

The district administration will keep illegal mining in check by keeping vigil through satellite images. The administration also launched a mobile app on which the trucks or vehicles, engaged in transporting the material extracted from the mines have to get

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Glencore’s Mutanda Mine in Congo Shuts Down a Month Early

December 5, 2019

Glencore’s Mutanda mine in Democratic Republic of Congo suspended operations prematurely on Monday due to a lack of sulphuric acid, a key input for copper and cobalt extraction. The suspension comes more than a month before the world’s biggest cobalt

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China’s Surge in Rare Earth Production Challenges United States and Australia

December 5, 2019

This month China reported that it’s raising its annual mining quota for rare earths by 10 percent over last year’s record high, to 120 kt (132,000 st), according to Bloomberg News. In response, the United States and Australia have been

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