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Vale Posts Second Consecutive Quarterly Loss Following Brumadinho Dam Disaster in Brazil
August 6, 2019
The disaster at the Córrego do Feijão iron ore mine in southeastern Brazil has left Vale reeling from its second 2019 quarterly loss in a row. Brazilian mining conglomerate Vale has recorded a second consecutive quarterly loss in 2019, seven
Protest Begins Against Southern Copper’s Tia Maria Copper Mine, Peru
August 6, 2019
Protesters blocked a portion of Peru’s main coastal highway on Monday in the start of a new challenge to a billion-dollar copper mining project that has been a lightning rod for conflict. Protesters from the area bordering Southern Copper Corp’s
Asiamet Resources Receives Environmental Permit for BKM Copper Project, Indonesia
August 5, 2019
Asiamet Resources Ltd on Wednesday received a key permit for its BKM copper project in Indonesia. The AIM-listed miner said the environmental permit, issued by the provincial government of Central Kalimantan, will allow it to proceed with the development of
Odisha to Resume Auctions of Mineral Blocks After One-Year Delay
August 5, 2019
After a one-year delay, the Odisha government is preparing to auction eight mineral blocks — a mix of six virgin blocks and two merchant mines that will see their leases lapsing by March 31, 2020. The auctions are scheduled for
Kinross Gold to Acquire Chulbatkan Gold Project for $283 Million, Russia
August 1, 2019
The Chulbatkan gold project is said to be a high-quality, heap leach development project with considerable upside potential and low relative execution risk. Canadian gold miner Kinross Gold has agreed to acquire the Chulbatkan gold project in the Khabarovsk Krai
Silver Lake Resources to Acquire EganStreet Resources for $52 Million
August 1, 2019
Silver Lake Resources signs bid implementation deed with EganStreet Resources to acquire latter’s issued and outstanding ordinary shares. Australian gold producer Silver Lake Resources has announced plans to acquire EganStreet Resources in a deal worth $52 million. As part of
ZEAMARINE Secures Ocean Transportation Contract for BHP’s South Flank Project
August 1, 2019
Australian mining giant BHP said that its board has given the go ahead to a capital expenditure of $2.9 billion for the South Flank iron ore project in Western Australia. ZEAMARINE has bagged an ocean transportation contract from Schenker Australia
Anglo American Approves Development of Technologically Advanced Aquila Coal Mine, Queensland
July 30, 2019
Anglo American is moving to expand its metallurgical coal operations in Central Queensland’s Bowen Basin with one of the most technologically advanced underground mines in the world, following the approval of its Aquila project by the company’s Board. Aquila is
RTG Mining Receives Feasibility Study Approval for Mabilo Project, Philippines
July 30, 2019
The Mines and Geosciences Bureau (MGB) has approved the feasibility study for the Mabilo project in Camarines Norte, according to mining and exploration company RTG Mining. “Following a review by the Technical Committee on Mining Project Feasibility Studies, the evaluation
SSR Mining to Acquire Remaining 25% Stake in Puna Gold Operations, Argentina
July 30, 2019
Completion of the Transaction is subject to approval by the Golden Arrow shareholders, regulatory approvals and the transaction is expected to be closed in the fourth quarter of 2019. Canada-based mining company SSR Mining has signed a definitive agreement to
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