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Altura Mining Commences Lithium Concentrate Shipment to China
October 8, 2018
Altura Mining has commenced loading of the maiden cargo of spodumene concentrate from Port Hedland. The cargo loading is estimated to be completed in less than 20 hours with additional third-party cargoes to be loaded onto the vessel prior to
Teranga to Acquire Boss Resources’ Stake in Golden Hill and Gourma Projects for $7.5 Million
October 4, 2018
Boss Resources has signed an agreement to sell its interest in the Golden Hill and Gourma Projects in Burkina Faso, West Africa, to its joint venture partner Teranga Gold (Australia). The consideration for the transaction is A$10m ($7.5m) in cash.
Rio Tinto and Partners to Invest $1.6 Billion Towards Two Australian Iron Ore Projects
October 4, 2018
Mining giant Rio Tinto and its partners Mitsui and Nippon Steel & Sumitomo Metal have sanctioned a $1.55bn investment to maintain production capacity at two Australian iron ore projects in the Pilbara region. The two iron ore projects marked for
Valmet to Supply Automation Coal Washing System at SUEK’s Mine, Russia
October 4, 2018
Valmet has secured a contract to deliver an automation system for coal washing to SUEK’s Tugnuisky open-pit mine in Eastern Siberia, Russia. SUEK is currently constructing a new fine-size coal washing module and modernizing its existing coal washing module. The
Trevali Mining Temporarily Halts Operations at Santander Mine Amid Illegal Blockade, Peru
October 2, 2018
Trevali Mining announced that operations at the Santander Mine in Peru have been temporarily halted as a result of an illegal blockade. Main road access was temporarily blocked by a small group of community members and other persons not affiliated
German Energy Secretary Backs Forest Clearance to Build Coal Mine
October 2, 2018
Controversial plans to chop down a German forest to build a vast coal mine should proceed because Germany needs the polluting fuel to keep the lights on, according to the chief of the country’s state secretary for energy. Dozens of
MC Mining Reports First Revenue from Coal Sales from Uitkomst Colliery, South Africa
October 2, 2018
MC Mining Ltd reported first revenue from coal sales from the Uitkomst colliery, though a major impairment knocked profit significantly. Uitkomst, in Kwa-Zulu Natal province, produced 607,960 tonnes of raw coal during the 12 months to June, selling 475,089 tonnes
Tawana Resources Secures $40 Million for Bald Hill Lithium Merger, Australia
October 1, 2018
Tawana Resources secured crucial funding that is expected to cement its future as an Australian-listed company following a proposed merger with Singapore’s Alliance Mineral Assets. The USD 40 million funding package will be provided by a consortium of lenders led
China Restricts Coal Imports to Boost Local Miners
October 1, 2018
China has introduced unofficial restrictions on coal imports in a bid to prop up domestic prices by slowing down customs approvals at key ports, in a move that threatens to disrupt a year of stronger-than-expected Chinese demand for Australian thermal
Sheffield Resources Secures Mining Lease for Thunderbird Mineral Sands Project, Australia
September 27, 2018
Sheffield Resources announced that Western Australia’s Department of Mines, Industry, Regulation and Safety has granted the Mining Lease for the Thunderbird Mineral Sands Project (Thunderbird) in northern Western Australia. Sheffield Resources Managing Director, Bruce McFadzean, said that the granting of
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