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Newmont Welcomes Sumitomo as Valued Partner at Yanacocha Mine, Peru
September 5, 2018
Newmont Mining Corporation welcomed Sumitomo Corporation as a new and valued partner in Minera Yanacocha SRL (Yanacocha) following its purchase of a five percent stake in the partnership. Newmont, Buenaventura, and Sumitomo completed the transaction today in which Sumitomo paid
Evolution Mining Signs Earn-in JV Agreement for Drummond Exploration Project, Queensland
September 4, 2018
Evolution Mining has entered into an earn-in joint venture agreement with Andromeda Metals over the Drummond exploration project. Drummond is an early-stage gold exploration project located in northern Queensland covering ~520km2. The project is approximately 140km south of Townsville and
One Fatality and Three Injured in Coal Mine Collapse in Balochistan’s Harnai District, Pakistan
September 4, 2018
One coal miner died and three became unconscious when a mine collapsed in Balochistan’s Harnai district on Friday morning. Levies sources said the miners were extracting coal from a depth of thousands of feet when suddenly the mine collapsed, leaving
Fortescue Challenges Native Title Decision Over Its Solomon Iron Ore Mine, Australia
August 30, 2018
The West Australian reported that Fortescue Metals Group is challenging a native title ruling covering its Solomon iron ore mine in the Pilbara. The Federal Court recognised the Yindjibarndi people as having exclusive rights to more than 2700sq km of
Rockwell Secures Contract from Codelco to Develop Chuquicamata Underground Mine, Chile
August 28, 2018
Codelco, the National Copper Corporation of Chile, has given a contract worth around $50m to Rockwell Automation to supply a number of important systems for the Chuquicamata underground mine in Chile. Rockwell Automation will collaborate in the transformation of the
Australian Mines to Acquire Jervois’ Flemington Cobalt-Nickel-Scandium Project, New South Wales
August 28, 2018
Australian Mines said that through its subsidiary Flemington Mining Operations, it has exercised its option to acquire 100 percent of the Flemington Cobalt-Nickel-Scandium Project, located in central New South Wales from Jervois Mining. According to Australian Mines, the Flemington project
Investment in Telecoms and Energy Infrastructure Key Aspect for New Era for Mining Sector
August 28, 2018
Job losses in the mining sector are on an upward trajectory. Gold Fields saying on August 14 that about 1,100 permanent employees and 460 contractors could be affected by its proposed restructuring makes this evident. Earlier in August, Impala Platinum
Mining Fatalities on the Rise in South Africa
August 28, 2018
The Department of Mineral Resources told Parliament’s portfolio committee on mineral resources on Wednesday that while injuries decreased on mining operations between 2017 and 2018, fatalities were on the rise. According to a submission from the department, the number of
Plan to Clear German Forest for Coal Mine Splits Government Coal Panel
August 28, 2018
Members of a government-appointed panel of experts on the future of Germany’s coal industry are protesting plans to chop down parts of an ancient forest for mining. Panel members from three environmental groups, an organization promoting renewable energy and a
Australian Prime Minister Ousted in Dispute Over Greenhouse-gas Emissions
August 27, 2018
Australian Prime Minister Malcolm Turnbull was removed from power on Friday by conservative elements of own his center-right Liberal Party unhappy with an attempt to set targets for the reduction of greenhouse gas emissions by the world’s biggest coal exporter.
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