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Virtus Mining to Acquire Turkey-focused Miner Aldridge Minerals
September 24, 2018
Virtus Mining has agreed to take full ownership in Turkey-focused miner Aldridge Minerals by acquiring a stake which it previously didn’t own. Under the Agreement, shareholders of Aldridge will receive Cdn.$0.10 in cash for each Aldridge Share. This represents a
Environmentalists and Police Battle in German Forest in Fight Over Coal Mining
September 24, 2018
When German riot police began removing environmental protesters from treehouses perched high in a 12,000-year-old forest, they were met with an organic response: buckets of human waste raining down on their helmets and shoulders. Two weeks later, most of the
Pure Energy Receives Permit for Next Phase Drilling at Terra Cotta Lithium Project, Argentina
September 21, 2018
Pure Energy Minerals Limited said that the Secretary of Mining in the Salta Province, Argentina has granted the company its environmental impact report (EIR) for the next phase of work on the Terra Cotta Project at Salar de Pocitos. The
New Century Resources Reopens Queensland Zinc Mine
September 20, 2018
New Century Resources is celebrating the revival of its flagship Century zinc mine in Queensland’s Gulf of Carpentaria, which it hopes will become the world’s fourth largest zinc operation at full production. Friday marked the official reopening of the mine,
Sitatunga Resources Acquires Manganese Mining Project, South Africa
September 20, 2018
Sitatunga Resources has entered the manganese sector, by acquiring a mining project in Northern Cape for an undisclosed sum. The exploration and project development company, whose major shareholder is Menar, has purchased East Manganese Project from Southern Ambition near the
Ramelius to Acquire Marda Gold Project, Western Australia
September 20, 2018
Ramelius Resources has signed a binding exclusivity and implementation deed for the proposed purchase of the Marda Gold Project (Marda) north of Southern Cross, Western Australia. This acquisition, which will cost A$13m ($9.3m), is to be facilitated by RMS completing
NMDC Focussing on Enhancing Life of Mines, India
September 20, 2018
Waste mining and increase in evacuation capacity being a major area of focus for enhancing the life of mines, the schemes like beneficiation plant at Bacheli , Kirandul and Slurry pipeline from Bacheli to Nagarnar has also been taken up
Coal Exports from Indonesia’s Top Shipper Hobbled with Miners Facing Constraints
September 20, 2018
Coal exports from Indonesia will be restrained this year, which could frustrate a plan by the government to ease a burgeoning trade deficit while keeping prices elevated, according to an industry group. Producers in the world’s largest shipper face an
South32 Completes Acquisition in Stake of Eagle Downs Coal Project, Queensland
September 18, 2018
South32 announced that it has completed the acquisition of a 50 percent interest in the Eagle Downs metallurgical coal project in Queensland’s Bowen Basin (Eagle Downs). South32 has assumed operatorship with the other 50 percent interest in the project held
Vale’s Brucutu Mine Will Be First to Operate Autonomously in Brazil
September 18, 2018
Huge haul trucks, with a capacity of 240 tons, circulate on the roads of a large mining area without operators in the cabins. Controlled only by computer systems, GPS, radars and artificial intelligence, the vehicles move efficiently between the mining
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