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National Australia Bank Unveils Plan to Phase Out of Financing for Coal Projects
November 18, 2019
The National Australia Bank says it will take no new thermal coal mining customers and wind down lending to existing customers to zero by 2035, an announcement that had NSW Liberal MP Craig Kelly accusing the bank on Friday of
Metro Mining Secures $32.5 Million for Bauxite Hills Expansion Project, Queensland
November 14, 2019
The Northern Australia Infrastructure Facility (NAIF) has approved up to $32.5 million in loan facility to Australian exploration and mining company Metro Mining for stage two of the Bauxite Hills expansion project in Far North Queensland. The mine is located
Resolute Secures Environmental Permit for Ravenswood Gold Mine Expansion, Australia
November 14, 2019
Resolute Mining has secured new Environment Authority Permit from the Queensland Government for the expansion of the Ravenswood gold mine in Queensland, Australia. The new permit, which represents an important amendment to the company’s existing Ravenswood Environmental Authority (EA), allows
Ivanhoe Increases Development Costs of Kakula Copper Mine to $1.3 Billion, DRC
November 14, 2019
Ivanhoe Mines said that it has raised the initial capital costs of the Kakula copper mine at the Kamoa-Kakula project in the Democratic Republic of Congo (DRC) by 18 percent to $1.3 billion. The investment has been increased by the
Orvana Minerals to Suspend Operations at Las Tojas Gold Mine, Bolivia
November 14, 2019
Canada-based gold-copper producer Orvana Minerals has announced plans to suspend mining operations at its Las Tojas gold mine in Bolivia. The suspension will be put into place on or before the end of 2019. Las Tojas gold mine is 100
SEMAFO Evaluates New Operating Environment After Fatalities in Convoy Attack, Burkina Faso
November 13, 2019
SEMAFO said that over the weekend they began transportation of people by helicopter from the Boungou Mine site. “Many of the people on-site need to be home with their families and to recover from last week’s incident. Myself and most
Pioneer Cement of UAE to Develop $200 Million Greenfield Cement Project in Georgia
November 13, 2019
The UAE based Pioneer Cement Industries, part of Oman based Raysut Cement Company SAOG (RCC) is in the process of setting up a 1.2 m tonnes per annum capacity integrated cement plant in Georgia, Eastern Europe. Pioneer Cement owns concession
Newmont Goldcorp’s Quecher Main Project Achieves Commercial Production, Peru
November 13, 2019
Newmont Goldcorp’s Quecher Main project at Yanacocha in Peru achieved commercial production safely, ahead of schedule and under budget. The full project, including future leach pad expansions, is expected to be completed for approximately $275 million of development capital which
GoldMining to Acquire Newrange Gold’s Yarumalito Gold Project, Colombia
November 12, 2019
GoldMining has entered into an agreement to indirectly acquire the Yarumalito gold project from NewRange Gold. Located nearly 75km southwest of the city of Medellin in the Department of Antioquia in Central Colombia and approximately 40km south of GoldMining’s La
New Coal Mining Technology Highlights China Coal & Mining Expo 2019
November 12, 2019
An intelligent coal mining technology developed by Shendong Coal Group Ltd., has highlighted the 18th China Coal & Mining Expo which was held in Beijing on October 30. The technology is co-developed by Shendong Coal Group Ltd. affiliated to China
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