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

South Korea Bans Vessels Transporting Coal from North Korea

August 27, 2018

The South Korean government announced it will ban cargo vessels used to carry North Korean coal at any port in the country. “The four cargo ships (Sky Angel, Rich Glory, Shinning Rich and Jin Long), used to smuggle prohibited (North

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Inca One Gold Acquires Koricancha Processing Facility, Peru

August 23, 2018

Inca One Gold has acquired Anthem United, which owns 90.14 percent interest in the 350 tonnes per day (TPD) Koricancha ore processing facility in Peru, from Equinox Gold and certain minority shareholders. Please refer to Inca One’s press release dated

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Tahoe Resources Terminates 200 More Jobs at Escobal Silver Mine in Guatemala

August 23, 2018

American precious metals producer Tahoe Resources has terminated about 200 more jobs at its Escobal silver mine in Guatemala owing to a legal tussle centering around the suspension of its mining license. The Escobal silver mine located in the Santa

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Federation of Indian Mineral Industries Appoints Sunil Duggal as CEO of Hindustan Zinc

August 21, 2018

The Federation of Indian Mineral Industries (FIMI) has appointed Mr. Sunil Duggal CEO of Hindustan Zinc, as its new President at its annual general meeting on August 14. An industry veteran, Duggal is currently vice chairman of International Zinc Association,

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Minerals Council South Africa Launches National Day of Safety and Health in Mining

August 21, 2018

Minerals Council South Africa has launched a National Day of Safety and Health in Mining to improve the sector’s safety performance. This year, the industry has recorded several mining accidents resulting in a loss of about 58 lives. The campaign

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African National Congress Calls on Mining Sector to Avoid Job Cuts

August 21, 2018

The African National Congress (ANC) has called on the mining sector to urgently begin finding ways to avoid job cuts. Some mining companies have over the past three months announced that they will be retrenching workers. Gold Fields on Tuesday

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AusQuest Signs Farm-in Agreement for Five Copper Licenses in Peru

August 21, 2018

Canada-based Westminster Resources has entered into a farm-in agreement with AusQuest for five copper licenses in the Ilo Sur project in Peru. Through the farm-in agreement, AusQuest stands to acquire a stake of 65 percent in the licenses should it

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Origin Gold Acquires 50% Stake in La Pantera Property, Colombia

August 21, 2018

Origin Gold has acquired 50 percent stake in a large mineral concession located in the department of Bolivar, Colombia from Mining Solutions. The property known as La Pantera (the “Property”) covers an area of 1,734 hectares in the gold rich

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Columbus Gold to Acquire 70% Stake in IAMGOLD’s Maripa Gold Project, French Guiana

August 20, 2018

Columbus Gold has agreed to acquire a stake of up to 70 percent in the Maripa gold project in French Guiana from Canadian gold producer IAMGOLD for an undisclosed price. Located in the eastern part of the French overseas territory,

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Galilee Energy Reports First Coal Seam Gas from Glenaras Pilot Program, Queensland

August 20, 2018

Galilee Energy has reported first production of coal seam gas (CSG) from a pilot program at the Glenaras gas project in the western portion of the Galilee Basin in central Queensland. The Glenaras multi-lateral pilot, which was commissioned in June

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