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Chilean Miners Vote to Strike at BHP’s Escondida Copper Mine
August 6, 2018
Workers at the world’s biggest copper mine, the BHP-owned Escondida operation in Chile, have voted to reject a new wage offer and go on strike following the end of their 30-month contract. A total of 2,330 union members voted on
Scottish Firm Unveils Plans for Asteroid Mining Mission
August 6, 2018
Asteroid Mining Corporation (AMC) is seeking £2.3m to build a satellite capable of identifying platinum-group metal deposits on near-Earth asteroids. It hopes to launch the Asteroid Prospecting Satellite One (APS1) in 2020. APS1 will be used to conduct a spectral
Rio Tinto Completes Sale of Remaining Coal Assets in Australia for $4 Billion
August 3, 2018
Rio Tinto has completed the sale of its remaining coal assets in Queensland, Australia, for $3.95 billion. The transactions include the sale of Rio Tinto’s interests in the Hail Creek coal mine and Valeria coal development project to Glencore for
Rio Tinto Approves Initial Funding for Its First Intelligent Mine in the Pilbara, Western Australia
August 3, 2018
Rio Tinto has approved $146 million of funding to undertake initial work at the Koodaideri iron ore project in Western Australia, ahead of a final investment decision expected by the end of the year. The funds will be invested in
Altura Produces First Lithium Concentrate from Altura Lithium Project, Western Australia
August 2, 2018
Altura Mining has produced the first batch of lithium concentrate from its 100 percent owned Altura Lithium Project located at Pilgangoora in Western Australia. The milestone which marks the transition of Altura Mining from developer to miner comes 16 months
Asia Becomes Bolivia’s Main Market for Mineral Exports
August 2, 2018
Asia has become Bolivia’s main market for mineral exports, overtaking the United States, in the past three years due to better export conditions and prices, according to the Bolivian mining ministry. In 2017, Asia received 61 percent of Bolivia’s minerals
South32 Locks Out Workers at Appin Coal Mine, NSW
August 2, 2018
Supervisors at South32’s Appin coal mine have been locked out in retaliation for standing up for their rights, the workers’ union says. A new roster requiring an extra four hours of work with no additional pay was “forced onto” supervisors,
Alrosa Set to Complete Construction of Zarya Diamond Mine, Russia
July 31, 2018
Alrosa is on track to complete construction of the open pit mine at the Zarya diamond project located in Republic of Sakha (Yakutia), Russia in 2019. The Russian diamond mining company will invest around RUB12bn ($190m) in the Zarya diamond
Cobalt Blockchain Receives Approval for Cobalt and Copper License, DRC
July 31, 2018
Cobalt Blockchain (COBC) has received final approval for its application for a cobalt and copper license in the Democratic Republic of the Congo (DRC). The federal Ministry of Mines today certified the license application, renewable after two years, based on
IFG Capital Partners Signs Agreement for Feasibility Study on Yakhton Tungsten Deposit, Uzbekistan
July 31, 2018
IFG Capital Partners has signed an agreement with the State Committee of the Republic of Uzbekistan on Geology and Mineral Resources (GOSCOMGEOLOGY) to conduct a feasibility study on the Yakhton tungsten deposit development in the Samarkand region of Uzbekistan. Should
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