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Oyu Tolgoi Signs Deals With Three Chinese EPC Contractors for Power Station
July 31, 2018
Mining giant Rio Tinto Plc announced that Oyu Tolgoi LLC has entered into agreements with three Chinese EPC contractors, each of which potentially creates a smaller related party transaction for the purposes of the UK Listing Rules. Oyu Tolgoi is
MGX Minerals to Acquire Salinitas Lithium Brine Project, Argentina
July 31, 2018
MGX Minerals has signed an Option Agreement with A.I.S. Resources (AIS) to acquire an 80 percent stake in the Salinitas lithium brine mining tenements located in the lithium triangle of Argentina, Salar de Salinas Grandes, Province of Salta. The 4,308-hectare
Construction Begins at BHP’s $3.4 Billion South Flank Iron Ore Project, Australia
July 30, 2018
Anglo-Australian mining firm BHP has turned the first sod at its A$4.88bn ($3.4bn) South Flank iron ore project, in the Pilbara, Western Australia. The move follows an approval from the State Government for the proposal under the State Agreement for
Karo Resources Breaks Ground on $4.2 Billion Platinum Mining Project, Zimbabwe
July 30, 2018
Karo Resources has started construction on the $4.2bn integrated platinum mining project in Zimbabwe, which will include a mining complex and a refining complex. Located in Mhondoro-Mubaira, the Karo Resources platinum mining project is expected to create 90,000 jobs, reported
Alamos Gold Secures GSM Permit for Kirazli Gold-Silver Project, Turkey
July 30, 2018
Alamos Gold has secured the GSM (Business Opening and Operation) permit for its Kirazli gold-silver project in Turkey from the Çanakkale Governorship. The Canadian-based intermediate gold producer is estimated to invest $152m for the development of the Kirazli project, which
Pioneer Resources Secures Approval for Pioneer Dome Project, Australia
July 30, 2018
Pioneer Resources said that its mining proposal for its 100 percent-owned Pioneer Dome Project in the Eastern Goldfields of Western Australia, which includes the Sinclair Zone Caesium Deposit, has been approved. PREPARATIONS ADVANCE FOR THE SINCLAIR CAESIUM MINE • Dept
Anglo American Platinum to Acquire Glencore’s Stake in Mototolo JV, Limpopo
July 26, 2018
Anglo American Platinum’s wholly-owned subsidiary Rustenburg Platinum Mines has entered into an agreement to acquire Glencore’s stake in the Mototolo joint venture (Mototolo JV). Currently, the Mototolo JV is operated as a 50/50 joint venture between Anglo American Platinum and
Yancoal and Glencore JV to Cut Back 100 Coal Mining Jobs at Hunter Valley Operations
July 26, 2018
More than 100 workers at a major Hunter Valley coal mine are preparing to lose their jobs, according to a mining union, and it fears they will be replaced with casuals. The Construction, Forestry, Mining and Energy Union (CFMEU) said
Mineral Resources to Acquire Cleveland-Cliffs’ Koolyanobbing Iron Ore Operation, Australia
July 26, 2018
Investing News reported that as the clock winds down, Mineral Resources is all set to finalize its acquisition of the Koolyanobbing iron ore operation from Cleveland-Cliffs. The purchase, announced by MinRes in mid-June, is due for completion July 27. According
Union Coal Secretary Inder Jit Singh Visits Central Coalfield’s Mines in Jharkhand
July 26, 2018
Union Coal Secretary Inder Jit Singh, today visited mines owned by the Central Coalfields Limited (CCL) in Jharkhand’s Ramgarh district today, CCL officials said. Singh witnessed various mining activities which include mining, washing coal with hi-tech system in coal washery,
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