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Cupric Canyon Secures $565 Million Funding for Khoemacau Copper-Silver Mine, Botswana
March 4, 2019
The Khoemacau copper silver mine is located in a remotely located region of northwest Botswana in the Kalahari Desert. The underground mining project comprises more than 4,040km2 of mineral concessions. The project funding package secured by Cupric Canyon will be
Vale’s Brazilian Mining CEO Steps Down Amid Anger Over Dam Collapse
March 4, 2019
The boss of the Brazilian iron ore mining firm Vale has resigned, following growing public and political anger over the collapse of a dam in which at least 186 people died. Fabio Schvartsman and several other senior executives resigned on
Rescuers Hope for Miracle as Indonesian Mine Goes Silent
March 4, 2019
An official overseeing a grueling rescue at a collapsed Indonesian gold mine said that the voices of dozens of trapped miners are no longer being heard as the effort to reach them continued for a fourth day Saturday. “Rescuers are
Thunderstruck Resources to Partner with Japan’s JOGMEC on Fiji Sulfide Property
March 4, 2019
Thunderstruck Resources Ltd has entered into a joint venture deal with the Japanese government group, Japan Oil, Gas and Metals National Corporation (JOGMEC) to develop its Wainaleka VMS (volcanogenic massive sulfide) discovery in Fiji. JOGMEC is a C$11 billion group
Emirates Global Aluminium Receives Final Equipment for Its Bauxite Mining Project, Guinea
February 28, 2019
Emirates Global Aluminium announced that the final major piece of equipment for its under-development bauxite mining project in the Republic of Guinea has arrived in the West African country. The Barge Loader, which is the height of a four-story building,
Four Fatalities at Indonesia Gold Mine Collapse, Rescuers Searching for Dozens More
February 28, 2019
Indonesian rescuers are racing against time to save dozens of people buried alive after a landslide at an illegal gold mine, which has already claimed the lives of at least four people. The deaths were confirmed by Indonesia’s disaster agency.
Evolution Mining Acquires Stake in Tribune Resources for $29.5 Million
February 26, 2019
Evolution Mining has acquired a 19.9 percent stake in Tribune Resources for a cash consideration of A$41.3 million ($29.5 million). Tribune’s major asset is the company’s interest in the East Kundana mining operation which is a joint venture between Northern
Brazil Regulator Suspends Operations at Vale’s Fabrica and Vargem Grande Mine Complexes
February 26, 2019
Brazil’s mining regulator has ordered Vale SA to suspend activity at its Fabrica and Vargem Grande complexes, the iron ore miner said late on Wednesday, as authorities crack down after last month’s fatal dam break. In a statement, Vale said
Acid Truck Spill Near Glencore’s Mutanda Mine Kills 20, Congo
February 26, 2019
A truck transporting acid to a mine owned by Glencore in the Congo has killed around 20 people after colliding with two minivans. The truck carrying sulphuric acid crashed with the vehicles around 31 miles from the Mutanda copper and
Judge Rejects Challenge to Dalradian’s Gold Mine, Ireland
February 26, 2019
A judge has rejected a challenge to proposals to build a gold mine in the Sperrin Mountains. Canadian firm Dalradian has applied for permission to develop the mine near Greencastle in County Tyrone. But the development was opposed by some
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