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Yamana Gold Pours First Gold and Silver at Cerro Moro Mine, Argentina
July 13, 2018
Yamana Gold has made its first pour of gold and silver doré at Cerro Moro which occurred on May 15, 2018. The company also reported several other updates relating to Cerro Moro including an update on exploration. The Cerro Moro
Denham Capital Plans $558 Million Mining Fund to Expand Global Mining Portfolio
July 12, 2018
Denham Capital, a global energy and resources private equity firm, said that it has closed the Denham Mining Fund, its first stand-alone mining fund at $558m. The company said that the Denham Mining Fund will be utilized to grow its
Exxaro Breaks Ground on Belfast Digital Coal Mine in Mpumalanga, South Africa
July 12, 2018
South Africa-based coal producer Exxaro Resources has broken ground on a R3.3bn ($244m) Belfast digital coal mine, in Mpumalanga. Said to be the first of its kind digital mine, the Belfast Implementation Project (BIP), is the A-grade, high-yield coal deposit
Orezone Gold Completes Feasibility Study for Bomboré Gold Project, West Africa
July 12, 2018
Orezone Gold Chas reported the summary results of an updated independent Feasibility Study (FS) for its 90 percent-owned Bomboré Gold Project in Burkina Faso, West Africa. All reported figures are in U.S. dollars and are on a 100 percent project
Impact Minerals to Form JV with BlueBird for Broken Hill Project, Australia
July 12, 2018
Australian miner Impact Minerals is all set to create a joint venture with Canada-based BlueBird Battery Metals for the Ni-Cu-PGE Broken Hill project in New South Wales by farming out a stake of 75 percent to the latter. Bluebird will
Indonesia Extends Permit for Freeport’s Grasberg Copper Mine
July 10, 2018
Reuters reported that Indonesia has extended a temporary operating permit for Freeport McMoRan Inc’s Grasberg project, the world’s second-biggest copper mine, until the end of the month while discussions continue over long-term rights. Freeport’s local unit, PT Freeport Indonesia, has
LKAB Investing in New Technology for Strategic Minerals from Mine Waste
July 10, 2018
LKAB is now investing in pilot plant facilities and, together with environmental services company Ragn-Sells, will industrialize an innovative technology for upgrading mine waste from iron ore production. This may result in LKAB producing phosphorus and rare earth metals, which
Broken Hill Completes Pre-Feasibility Study of Thackaringa Cobalt Project, NSW
July 10, 2018
Broken Hill Prospecting Limited acknowledge receipt of the Pre-Feasibility Study from Cobalt Blue Holdings Ltd as Manager of the Thackaringa Joint Venture. 1. The PFS delivers strong results for the world class Thackaringa Cobalt Project, located on BPL’s tenements near
Recovery of Botswana’s Mining Industry to Spur Economy
July 10, 2018
The recovery of Botswana’s mining industry is expected to boost the country’s economy, a local investment manager said here on Friday. “We are optimistic going into the second half of the year, as a ramp up in government spending is
India’s Piyush Goyal Launches System to Check Illegal Coal Mining
July 10, 2018
The Ministry of Coal has launched the Coal Mine Surveillance & Management System (CMSMS) and ‘Khan Prahari’ mobile application. Speaking at the event, Minister for Coal and Railways, Piyush Goyal, said, “Illegal mining is a serious problem in the country
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