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Norway Gives Go-ahead for Nussir’s Arctic Copper Mine
February 19, 2019
Reuters reported that Norway’s government approved building of a copper mine near Europe’s northernmost point despite years of opposition from indigenous Sami herders and fishermen. Norway’s decision on the copper mine has been viewed as a litmus test for the
Bushveld Minerals Completes First Section of BFS for Imaloto Power Station, Madagascar
February 19, 2019
The end of last year was a busy period for Lemur Holdings — Bushveld Minerals Limited’s coal and energy subsidiary which is looking to build a coal-fired power station in Madagascar. During the final quarter of 2018, Lemur completed the
China Builds World’s Largest Clean Coal Power Generation System
February 19, 2019
China has established the world’s largest clean coal power generation system, setting a new milestone in cutting emissions and saving energy, the National Energy Administration (NEA) said Tuesday. The country has beaten its target of ultra-low emission and energy conservation
Vale Evacuates More People Due to Another Dam Risk, Brazil
February 18, 2019
Brazilian mining giant Vale says it has evacuated nearly 200 people after inspectors reported signs that a nearby dam holding mining waste could collapse. Saturday night’s evacuation comes three weeks after the collapse of another mining dam run by Vale
South Australian Government’s Declares BHP’s Olympic Dam Growth Plans a Major Development
February 18, 2019
BHP has welcomed the South Australian Government’s decision to declare Olympic Dam’s growth plans a major development as an important step towards lifting its Australian copper production. The declaration is the first step in a comprehensive State and Federal process
Liontown Resources Raises Capital for Development of Australian Lithium Projects
February 18, 2019
Liontown Resources has announced a capital raising of up to A$7.9 million ($5.6 million) to underpin the continued exploration and development of its Australian lithium projects. The capital will also be used to advance its strategy to become a second-generation
Fatality at Serabi Gold’s Palito Gold Mine, Brazil
February 15, 2019
Serabi Gold said there has been a fatality at its Palito Gold Mine in Brazil in a mining-related accident on February 11, 2019. The accident involved one of the company’s employees who sustained a crush related injury and sadly died
After Merger With Randgold, Barrick Picks Up Speed as New Executive Teams Get Down to Business
February 15, 2019
Barely six weeks after its merger with Randgold, Barrick is making good progress in achieving its short-term priority goals as well as its full year objectives. CEO Mark Bristow, who has already visited most of the group’s operations in the
Nzuri Signs Funding Term Sheet to Advance Kalongwe Copper-Cobalt Project, DRC
February 14, 2019
Nzuri Copper has entered into a term sheet with its major shareholder, Tembo Capital Mining Fund, to progress financing and development of Kalongwe Copper-Cobalt project. The term sheet sets out the commercial terms on which Tembo proposes to provide a
Hochschild Mining to Place Arcata Mine on Care and Maintenance, Peru
February 14, 2019
Hochschild Mining has announced its intention to suspend operations at the Arcata precious metal mine, in south west Peru, and place it on care and maintenance. It is anticipated that full care and maintenance will be in effect by the
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