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

Anglo American Set to Restart Operations at Minas Rio Iron Ore Mine, Brazil

November 6, 2018

Reuters cited Mr. Ruben Fernandes, the miner’s Brazil chief as saying that Anglo American should restart operations at its Brazilian Minas Rio iron ore mine in November or December and a planned ramp-up to 26.5 million tonnes per year is

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Asia Metals Secures $34 Million JV to Expand Operations in Guerrero, Mexico

November 6, 2018

Asia Broadband, through its wholly owned subsidiary Asia Metals, has signed a definitive joint venture agreement for the large scale expansion of the company’s mining operations in the state of Guerrero, Mexico, with Qiangda Investments & Economics & Co. The

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University of South Australia Developing Virtual Reality Platform to Inspire Mining Careers

November 5, 2018

The University of South Australia is developing a virtual reality platform to increase interest in the mining industry by making remote, interesting field sites more accessible. Project LIVE-MM (Learning through immersive virtual environments for minerals and mining) is backed by

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Chaarat Gold to Acquire Polymetal’s Kapan Mine for $55 Million, Armenia

November 5, 2018

Polymetal International has signed an agreement with Chaarat Gold Holdings to sell the Kapan mine in the Republic of Armenia (Kapan) for a total consideration of $55m. Polymetal Group CEO Vitaly Nesis said: “The sale of Kapan is a step

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Ramelius to Acquire Black Oak Minerals’ Marda Gold Project, Western Australia

November 5, 2018

Ramelius Resources has announced that the Deed of Company Arrangement (DOCA) put forward by Ramelius to acquire Black Oak Minerals (BOK) has been approved at a meeting of BOK creditors. This approval now enables Ramelius to apply to the Federal

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Rescuers Recover Last of 21 Miners from East China Coal Mine Collapse

November 5, 2018

Searchers have recovered the bodies of all 21 miners who died in an eastern China coal mine collapse, state media said. The official Xinhua News Agency reported the last body was pulled from the mine Monday afternoon. More than 300

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Peabody Releases Update on North Goonyella Coal Mine, Queensland

November 2, 2018

Peabody released another periodic update on progress to contain impacts of the previously reported fire at the North Goonyella Mine in Queensland. “We cannot thank the team enough at North Goonyella, where we are utilizing a number of employees at

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Graphex Mining Secures Funding to Advance Chilalo Graphite Project, Tanzania

November 1, 2018

Graphex Mining Ltd has entered into a US$5-million loan note subscription agreement with global private investment firm Castlelake LP to fully fund the Chilalo Graphite Project through to production. Graphex also signed a term sheet setting out proposed terms under

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Black Rock Mining Signs Graphite Offtake Agreement from Its Mahenge Mine, Tanzania

November 1, 2018

Black Rock Mining Ltd has signed its second offtake agreement for natural flake graphite from its proposed Mahenge Graphite Mine in Tanzania. The agreement is with China-based Qingdao Fujin Graphite Company Limited to supply 15,000 tonnes per year for up

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Adani Scales Back Plans for Carmichael Coal Mine, Queensland

November 1, 2018

Indian mining giant Adani has scaled back its plans for a massive coal mine in Queensland as it tries to stitch up funding for the project. The original $16.5 billion Carmichael coal mine planned to export 60 million tonnes of

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