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

Gemfields Uncovers £2 Million Emerald at Its Kagem Mine, Zambia

November 1, 2018

A large emerald weighing 1.1kg (2.5lbs) and worth an estimated £2m has been found in a mine in Zambia. The 5,655-carat gem was named “Inkalamu”, by mining company Gemfields, which found it at Kagem, the world’s largest emerald mine earlier

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Aura Minerals Suspends Operations at Its San Andres Mine, Honduras

October 31, 2018

Aura Minerals Inc. has suspended operations at its San Andres mine in Honduras. The illegal occupation of the mine that was first reported on July 13, 2018 has not been resolved and this is now preventing mining operations to continue.

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Death Toll Rises to at Least 19 in China Mine Disaster

October 30, 2018

The death toll from a coal mine collapse in eastern China has spiked to at least 19 after the bodies of six additional miners were found, state media reported Monday. Rescuers found one body on Sunday morning and five additional

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Lucapa Secures Financing from South Africa’s IDC for Lesotho Mine

October 30, 2018

Lucapa Diamond Company has secured a ZAR100 million (US$7 million) development facility from the Industrial Development Corporation of South Africa (IDC) for the high-quality Mothae kimberlite diamond mine in Lesotho. The financing agreement with IDC, which is one of the

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Sanatana to Acquire Tirua Copper-Gold Project, Solomon Islands

October 30, 2018

Sanatana Resources has entered into a letter of intent to acquire the Tirua project, a porphyry copper-gold project located in the Solomon Islands. The Tirua project, hosted in the 15km wide (68 square kilometers in area) Tirua volcanic caldera, is

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Ten Miners Still Trapped in China Coal Mine Collapse, Death Toll Rises

October 29, 2018

The death toll in an eastern China coal mine collapse has risen to 11, with 10 miners still trapped underground, state media reported. One week after the disaster, rescue crews were clearing fallen rock from the shaft, with the remaining

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Protesters in Germany Block Rail Tracks to RWE’s Coal Mine

October 29, 2018

Protesters on Saturday blocked a railway line leading to a large strip coal mine in western Germany that has become a cause celebre for environmentalists amid plans to clear part of a neighboring forest to expand the facility. Another group

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Mineral Resources to Acquire BCI’s Kumina Iron Ore Project, West Pilbara

October 25, 2018

Mineral Resources has entered into a binding sale and purchase agreement with BCI Minerals to acquire the Kumina Iron Ore Project. The Agreement provides for typical conditions precedent around third-party consents and assignments to be satisfied prior to completion, which

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Lucapa Begins Commissioning of Treatment Plant at Mothae Diamond Mine, Lesotho

October 25, 2018

Lucapa Diamond Company and the Government of the Kingdom of Lesotho announced that the commissioning of the 1.1Mtpa treatment plant has commenced at the high-quality Mothae kimberlite diamond mine in Lesotho. First commercial diamond recoveries are expected from the Mothae

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Strandline Awards EPC Contract for Fungoni Mineral Sands Processing Plant, Tanzania

October 25, 2018

Strandline Resources has announced the appointment of GR Engineering Services as engineering, procurement and construction (EPC) contractor for the processing plant and facilities at the Fungoni mineral sands project (Fungoni) in Tanzania. The lump sum EPC contract comprises construction, installation

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