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

New Zealand Crews to Re-enter Pike River Mine for Answers to Explosion

November 15, 2018

Eight years after a methane explosion in an underground coal mine killed 29 workers, New Zealand’s government says crews will re-enter the mine to better understand what went wrong and hopefully recover some of the bodies. The announcement Wednesday by

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Rio Tinto’s Operations Generated More than A$42 Billion for Australian Economy

November 14, 2018

Rio Tinto’s operations across Australia generated more than A$42 billion (US$34.3 billion) for the nation’s economy in 2017, a new report reveals. The comprehensive economic analysis measures Rio Tinto’s total contribution to Australia’s economy, revealing how additional jobs created and

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Bylong Valley Coal Mine Divides Farmers and Locals at Planning Meeting, Australia

November 13, 2018

Environmentalists and farmers at an independent planning commission were locked in disagreement over a proposed South Korean-owned coal mine in Bylong Valley, north-east of Mudgee. Hundreds of people, including dozens of protestors, turned out to the meeting in Mudgee to

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Implats in Talks About Selling or Outsourcing Its Rustenburg Operations, South Africa

November 13, 2018

Impala Platinum has started the process of either selling or outsourcing one of its big mines in its ZAR 2.7 billion restructuring process as its Rustenburg operations have a strong start to the company’s 2019 financial year. Implats, the world’s

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Canyon Coal’s Khanye Colliery Creates More Than 300 Jobs, South Africa

November 13, 2018

More than 300 jobs have been created at a recently opened mine in Bronkhorstspruit. The Canyon Coal opened its Khanye Colliery with a blast, following a detonation procedure led by Mineral Resources Minister Gwede Mantashe, in Bronkhorstspruit last week. The

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Germany’s Coal Phase-out Will Not Happen Before 2030

November 13, 2018

The phase-out of coal from German industry will not happen before 2030 due to several factors stifling the move towards natural gas, Barbara Minderjahn, CEO of VIK-the German Association of Industrial Energy Consumers, said at the European Autumn Gas Conference

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Golden Arrow to Acquire Indiana Gold-Copper Project, Chile

November 12, 2018

Golden Arrow Resources has entered into an agreement to acquire up to 100 percent of the Indiana gold-copper project in Chile’s Atacama Region. Indiana is located approximately 35 kilometers from the Company’s new Atlantida copper-gold project. The Project features a

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Pacton Gold Signs Deal to Acquire Golden Palms Project, Australia

November 12, 2018

Canadian junior mining company Pacton Gold has signed a definitive agreement to acquire the Golden Palms property (E 47/3810) in Western Australia. Image: Location map of Pacton tenements in the Egina Area. Photo: courtesy of CNW Group/Pacton Gold Inc. Subscribe

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Ashanti Gold to Acquire 51% Stake in Anumso Gold Project, Ghana

November 12, 2018

Ashanti Gold is set to acquire a stake of 51 percent in the Anumso gold project in Ghana from Goldplat by exercising a previously agreed earn-in option. Currently, the AIM quoted gold producer Goldplat is carrying a review of Ashanti’s

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Navarre Minerals Secures Retention License for Tandarra Gold Project, Australia

November 12, 2018

Navarre has retention license from the Victorian Department of Economic Development, Jobs, Transport and Resources (DEDJTR) for the Tandarra Gold Project. Retention License RL006660 has been granted to the company for a ten-year term expiring on November 2, 2028. The

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