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

India to Surpass U.S. as World’s Second Largest Coal Producer

September 23, 2019

Coal production continues to increase in India and the country is likely to surpass the US as the world’s second largest coal producer this year, according to KPMG partner Niladri Bhattacharjee. The country is projected to produce roughly 815 million

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Mining Projects Foment Unrest Across Latin America

September 23, 2019

Protest against new mining projects across Latin America are increasingly being quashed, according to NGOs. Mining of the raw materials is also fomenting social and political unrest. Latin America’s mineral wealth is a magnet for global mining investors. The region

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Armenia Gives Clearance for Lydian’s Amulsar Project to Proceed

September 20, 2019

Lydian International Limited said that Prime Minister Nikol Pashinyan, of the Republic of Armenia, stated, “The information we currently have at this moment is very clear, the exploitation of the mine does not harm the environment.”  The Prime Minister went

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Barrick Gold Secures UK Court Approval for $1.2 Billion Acquisition of Acacia

September 19, 2019

Canadian mining giant Barrick Gold is on the verge of wrapping up its $1.2 billion takeover of Africa-focused gold miner Acacia Mining after securing approval from a top UK court. The approval, which was granted by the High Court of

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India to Invite Bids from Global Coal Miners Before End of Year

September 19, 2019

India plans to invite bids from global firms for the first time for coal mining blocks before end-2019, sources familiar with the matter said, a move that would end Coal India Ltd’s near-monopoly for the fuel as the nation tries

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Dassault Systèmes and BHP Engage in a Long-Term Strategic Partnership

September 18, 2019

Dassault Systèmes and BHP have engaged in a long-term strategic partnership to leverage the application of digital technologies to mining. Combining the experience and resources of each company, the ambition is to unlock value by applying technologies proven in other

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AABB-Asia Metals Launches New Gold Mine Acquisition Campaign

September 18, 2019

Asia Broadband, through its wholly owned subsidiary Asia Metals Inc., has launched a new gold mine acquisition campaign targeting properties that have historic gold production in South America, Central America, and Mexico. The focus of the campaign is to duplicate

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Rimfire Pacific Given Green Light to Begin Drilling at Fifield Project, NSW

September 17, 2019

Rimfire Pacific Mining NL has secured approvals to begin drilling programs this month on the Northern Gold, Northern Area and Southern Area prospects of the Fifield project in central NSW. Approvals have been received from the NSW Department of Planning,

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Rio Tinto to Acquire Stake in Aethon Minerals’ Arcas Project, Chile

September 16, 2019

Canadian mineral exploration company Aethon Minerals, along with its wholly-owned Chilean subsidiary, have announced the execution of an earn-in with option to joint venture agreement with Rio Tinto Mining and Exploration/Agencia En Chile, to acquire stake in its Arcas project

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Epiroc Secures $68M Mining Equipment Service Contract at Andina Copper Mine, Chile

September 16, 2019

Swedish mining equipment major Epiroc has secured a $68 million contract from Codelco for service of mining equipment at the Andina copper mine in Chile. Located in Santiago, Andina copper mine has both open pit and underground operations and has

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