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Mining Heavyweights Collaborate on Blockchain Project to Tackle Supply Chain Transparency
October 28, 2019
Global mining industry leaders have agreed to co-operate on a blockchain scheme led by the World Economic Forum (WEF), in an effort to accelerate responsible sourcing and sustainability practices. Antofagasta, Eurasian Resources, Glencore, Minsur and Anglo American are all founding
Coal India to Switch Over to Mechanized Transport of Coal
October 28, 2019
State-owned Coal India Ltd (CIL) will be switching over to mechanized transport of coal through piped conveyor belts in its large mines by 2023-24. This will replace the existing road movement of the dry fuel. The system will be implemented
Hexagon Inks Five-Year Technology Partnership Agreement with Ellatzite-Med
October 25, 2019
Hexagon’s Mining division has signed a five-year technology partnership agreement with Ellatzite-Med, the largest company in Bulgaria’s GEOTECHMIN GROUP. The seven-figure deal will supply the company with HxGN MinePlan software and services. Ellatzite-Med AD is one of the largest copper
Trecora Resources to Sell Its Stake in AMAK for $70 Million
October 25, 2019
Trecora Resources has entered into a definitive share sale and purchase agreement with Saudi Arabian company Al Masane Al Kobra Mining Company (AMAK), who will acquire Trecora’s entire equity interest in AMAK. AMAK itself will also participate in this transaction
15 Fatalities at Gold Mine in Siberia Following Deadly River Dam Collapse
October 24, 2019
At least 15 gold miners in Siberia were killed after a dam collapse released flood waters into a mine full of workers. The Russian Emergency Ministry said the incident took place on Saturday in Central Russia. Heavy rain and severe
2019 Australian Mining Prospect Awards Celebrated in Brisbane
October 24, 2019
The winners of the 2019 Australian Mining Prospect Awards have been announced at Moda Events in Brisbane. An annual celebration of the best and brightest of the Australian mining industry, it was the 16th staging of the Prospect Awards last
India’s Vimson and New Lab Establish Prospect Mining Studio to Address Industry Challenges
October 22, 2019
Indian mining conglomerate, Vimson Group, and innovation hub, New Lab, announced a partnership to establish Prospect Mining Studio, a venture studio program bringing together entrepreneurs and industry experts to address the biggest challenges facing the mineral and natural resource mining
Kalium Awards Gas Pipeline Contracts for $148M Beyondie SOP Project, Australia
October 22, 2019
Kalium Lakes has awarded contracts for design, supply and construction of A$20m ($13.5m) gas pipeline at the Beyondie sulphate of potash project (BSOPP) in Western Australia. Located 160km south east of Newman, the BSOPP project is a high-grade brine deposit
China’s GEM Co. and Glencore Extend Strategic Cobalt Partnership
October 22, 2019
GEM Co. Ltd (GEM) and Glencore are pleased to announce that they have entered into a five year agreement for the supply of cobalt hydroxide (cobalt). Under the terms of the agreement, Glencore will provide a minimum of 61,200 tonnes
EITI: DRC Mining Becoming More Transparent But Lacks Accountability
October 22, 2019
Mining in the DRC has made “meaningful progress” towards becoming a more transparent and efficiently regulated industry but work remains to be done on creating accountability, according to the Extractive Industries Transparency Initiative (EITI). The global standard for the good
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