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

West Cumbria Mining’s Woodhouse Colliery Moves Closer to Approval, UK

March 21, 2019

The first new deep coal mine in the UK for decades has moved a step closer after councillors unanimously backed the plans. The West Cumbria Mining Company wants to mine next to the site of the former colliery in Whitehaven

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U.S. Places New Sanctions on Venezuela’s State-run Gold Company Minerven

March 21, 2019

The United States announced fresh sanctions against Venezuela’s state-run gold mining company Minerven on Wednesday, accusing them of propping up the country’s socialist regime and engaging in illegal financial activities. Under the new sanctions, the General Mining Company of Venezuela

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Newmont Completes Power Project for Its Tanami Gold Mine, Australia

March 19, 2019

Newmont Mining has announced the completion of a power project to provide reliable energy source to Tanami gold mine in Australia. The project includes two power stations, a 66kV interconnected power line and a 450km natural gas pipeline, to power

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Australia’s Wollongong Coal Forced to Suspend Operations for Risk Review

March 19, 2019

Australian miner Wollongong Coal has been forced by regulators to cease mining at its Wongawilli Colliery after an inspection uncovered safety problems, the company said in an announcement on the Australian Stock Exchange Monday. Inspectors from the Natural Resources and

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Metso Reduces Downtime and Improves Safety in Kumba Kolomela Crushing Circuit, Africa

March 19, 2019

The mining equipment manufacturer reported Kumba Iron Ore’s Kolomela mine in South Africa has reduced crusher liner replacement downtime and improved safety using a concave carousel and removal trays system provided by Metso. Located in the Northern Cape Province, Kolomela

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Banks Mining Makes Major Equipment Investment at Bradley Mine, UK

March 19, 2019

North East employer Banks Mining has made a six-figure equipment investment at its Bradley surface mine in County Durham. The County Durham-headquartered firm has acquired a Komatsu PC3000-6 excavator for use at the Bradley site, which sits off the A692

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Indian Institute of Technology Launches Mine Safety Course

March 19, 2019

The department of mining engineering at the Indian Institute of Technology, Kharagpur, is launching a new MTech program in ‘Safety, Health and Environment’. The course will address safety measures in mining operations and emerging methods for safety management to deal

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Australia Pacific LNG to Acquire Origin’s Ironbark Coal Seam Gas Asset for $165 Million

March 18, 2019

Origin Energy has agreed to sell its Ironbark onshore coal seam gas (CSG) development (Ironbark gas project) in Queensland to Australia Pacific LNG for A$231 million ($165.38 million). Located in the Surat Basin, Ironbark holds 129 PJ of 2P reserves

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Japan’s Sojitz to Sell Its Stake in BAU Thermal Coal Mine, Indonesia

March 18, 2019

Japan’s Sojitz has decided to exit the producing BAU thermal coal mine in Indonesia in a move to distance itself from thermal coal investments. In this connection, Sojitz has entered into a deal with an undisclosed buyer to sell its

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Lucapa Recovers 83 Carat Diamond from Mothae Mine, Lesotho

March 18, 2019

Lucapa Diamond Company and the Government of the Kingdom of Lesotho have announced the recovery of an 83.9 carat diamond from the new 1.1 Mtpa Mothae kimberlite plant in Lesotho. The 83.9 carat stone is the fourth +50 carat diamond

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