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

Australian Miners Find More Than $10 Million of Gold at Beta Hunt Mine

September 11, 2018

Miners in Western Australia dug up over $10 million worth of gold in just four days, in what is considered a “truly unique” discovery. The exploration was made last week at the Beta Hunt mine, nearly 400 miles away from

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UK Coal Plants Surge Back Into Operation Amid Gas Price Hikes

September 11, 2018

Near-ten year highs on winter NBP natural gas prices have pushed coal plant back into contention to take a significant share of the UK’s generation mix over the coming winter. A recent surge in the value of the Winter ’18

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China’s Zijin Mining to Acquire Canada’s Nevsun Resources for $1.4 Billion

September 11, 2018

Chinese metals producer and refiner Zijin Mining Group has signed an agreement to buy Canada’ Nevsun Resources for C$1.86bn ($1.41bn). Under the terms of the agreement, Zijin will acquire all of the issued and outstanding shares of Nevsun for C$6.00

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Volt Resources Secures Environmental Approval for Bunyu Graphite Project, Tanzania

September 10, 2018

Volt Resources has announced that its wholly-owned subsidiary Volt Graphite has received the Environmental Impact Assessment (EIA) Certificate from the National Environment Management Council of Tanzania (NEMC) for the Bunyu Graphite Project. Importantly, the EIA certificate signed by the Honorable

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KEFI Minerals Secures Key Approvals for Tulu Kapi Gold Project, Ethiopia

September 10, 2018

KEFI Minerals has received the key development and financing policy approvals for its Tulu Kapi Gold Project from the Ethiopian Government. Having received Project approval in 2015 (development, social, environmental and operational), KEFI’s Project company Tulu Kapi Gold Mines Share

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Supreme Court Urged to Order Inquiry Into Deaths of 318 Coal Miners in Balochistan, Pakistan

September 10, 2018

The Supreme Court was requested on Saturday to take cognizance of deaths of mine workers and, by invoking its suo motu jurisdiction, order the constitution of a judicial commission to inquire into the fatalities of 318 coal miners in Balochistan

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Police Swarm Ancient Forest as Activists Fight Coal Mine Plans, Germany

September 10, 2018

German news agency dpa is reporting that hundreds of police have entered a forest that protesters are trying to stop from being chopped down for a coal mine. The agency reported that police are protecting workers from energy company RWE

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Minergy Secures Mining License for Masama Coal Project, Botswana

September 6, 2018

Coal mining and trading company Minergy has secured mining license for its 100 percent-owned Masama coal project located in south west Botswana. The license, which was granted by the Ministry of Mineral Resources, Green Technology and Energy Security, follows the

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Gulf Manganese Secures $7.9M Funding to Develop Kupang Smelting Facility, Indonesia

September 6, 2018

Gulf Manganese has secured an investment of A$10.8m ($7.9m) from Low Tuck Kwong, founder and president director of integrated coal group PT Bayan Resources TBK (PT Bayan). Upon completion of the investment, which will occur following shareholder approval in Perth,

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BHP to Acquire Guyana Goldfields’ Stake in SolGold, Cascabel Project in Ecuador

September 6, 2018

Mining giant BHP has agreed to acquire Guyana Goldfields’ stake of 6.1 percent in SolGold, which is the majority owner and operator of the Cascabel Project, a porphyry copper-gold deposit in Ecuador. As per the terms of the deal, BHP

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