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Ghana Government Sets Up New Mining Framework to Regulate Small Scale Mining
December 11, 2018
Minister of Information, Kojo Oppong Nkrumah, has announced the setting up of a new mining framework to ensure that small scale mining become more regulated and sanitized. The framework according to the Minister, will not necessarily lift the 21 months
Jubilee Metals Group Acquires PlatCro Chrome Operation, South Africa
December 11, 2018
Jubilee Metals Group PLC is acquiring rights to all the chrome at the PlatCro project in South Africa, where it already controls the platinum group elements. The operation is already in production and is currently processing 75,000 tonnes of ore
Lucapa Recovers 78 Carat White Diamond from Mothae Mine, Lesotho
December 11, 2018
Lucapa Diamond Company and the Government of the Kingdom of Lesotho have announced the recovery of a 78 carat white diamond from the Mothae kimberlite mine in Lesotho. The 78 carat white diamond is the largest Special recovered through the
Miramont Secures Drilling Permit for Cerro Hermoso Project, Peru
December 10, 2018
Miramont Resources, a Canada-based exploration company, has secured the required drilling permit for its Cerro Hermoso project in southern Peru. The Company anticipates drilling to begin early in the New Year. “We are very happy to begin our drill program
Great Panther Silver Advances Coricancha Project, Peru
December 7, 2018
Great Panther Silver has released an update on the progress of the trial stope and bulk sample program (BSP) at its 100 percent owned Coricancha gold-silver-lead-zinc-copper underground mine in Peru. The BSP will process about 6,000 tonnes of material and
Pan American Silver and Tahoe Resources Merge to Create World’s Premier Silver Mining Company
December 7, 2018
Pan American Silver Corp. and Tahoe Resources Inc. have entered into a definitive agreement for Pan American to acquire all of the outstanding shares of Tahoe pursuant to a plan of arrangement, creating the world’s premier silver mining company. Shareholders
Vale to Invest $500 Million in New Caledonia Nickel Mine
December 6, 2018
Brazilian miner Vale SA, the world’s top nickel producer, plans to invest USD 500 million in its struggling New Caledonia nickel mine on its own after previously vowing to find a partner for the venture. Vale’s decision to invest in
Sumitomo to Acquire Stake in Teck’s Quebrada Blanca Copper Mine for $1.2 Billion, Chile
December 6, 2018
Teck Resources has agreed to sell a stake of 30 percent in the Quebrada Blanca Copper Mine (QB Copper Mine) in the Tarapacá Region in Chile to Sumitomo and its subsidiary Sumitomo Metal Mining (SMM) in a $1.2bn deal. The
Image Resources Ramps Up Production at Boonanarring Mineral Sands Project, Australia
December 6, 2018
Image Resources has announced the completion of wet commissioning and commencement of the production ramp-up period at its Boonanarring mineral sands project located 80km north of Perth in the infrastructure-rich North Perth Basin in Western Australia. Wet commissioning of the
Rio Tinto Makes First Bauxite Shipment from $1.9 Billion Amrun Mine, Australia
December 6, 2018
Rio Tinto said that the first shipment from its A$2.6bn ($1.9bn) Amrun bauxite project in Australia has been dispatched, which is headed towards the company-owned Yarwun alumina refinery in Gladstone, Queensland. According to the mining giant, the first shipment from
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