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Rio Tinto and Minmetals to Form JV to Explore Mineral Deposits in China
June 11, 2018
Mining giant Rio Tinto and China Minmetals, a Beijing-based metals and mineral trading company have signed a deal to create an RMB200m ($31.3m) joint venture to explore mineral deposits in China. The 50:50 owned joint venture will have an immediate
Bluebird Battery to Acquire Sandy Point Cobalt Project, New South Wales
June 11, 2018
Bluebird Battery Metals has entered into a binding letter of intent (LOI) to acquire 100 percent of Oberon Gold, an Australian exploration company, from Providence Gold and Minerals, Darren Craig Glover and Benjamin Leigh Harper. Oberon controls 100 percent the
23 Coal Miners Rescued in Northeastern China After Blast Kills 11
June 11, 2018
Rescuers pulled 23 miners to safety after a blast at an iron mine in northeast China trapped them underground and killed 11 others, the government said Wednesday. The search was continuing for two workers still missing after explosives that were
AfriTin Begins Construction on Uis Tin Mine’s Processing Plant, Namibia
June 7, 2018
AfriTin Mining said that it has started civil construction works on the processing plant of its Uis brownfield tin mine located in western Namibia. The London-based tin mining company has appointed contractors to handle the phase 1 of the construction
Nevsun Begins Construction of Exploration Decline at Timok Copper-Gold Project, Serbia
June 7, 2018
Canadian miner Nevsun Resources has broken ground at the Timok Upper Zone (Cukaru Peki) copper-gold project in Bor, Serbia. The company has commenced the construction of the exploration decline at the project, which is located inside the central zone of
Hunt Mining Signs First Gold Concentrate Agreement With Ocean Partners USA
June 6, 2018
Hunt Mining Corp. has signed an offtake agreement with Ocean Partners USA, Inc. for the delivery of gold-silver concentrate from the La Josefina Project located in Santa Cruz Province, Argentina. As part of this agreement, Hunt will receive a US
Rio Tinto Committed to Domestic Power Solution for Oyu Tolgoi, Mongolia
June 6, 2018
Rio Tinto continues to work with its partners to develop the best solution for a domestic power supply for the Oyu Tolgoi operation, following the Government of Mongolia’s cancellation of the Southern Region Power Sector Cooperation Agreement (PSCA). The decision
Triton Minerals to Move Ahead with Ancuabe Graphite Project, Mozambique
June 5, 2018
Australia-based Triton Minerals said that its board has given its nod to move ahead with the development of the A$99m ($76.04m) Ancuabe Graphite Project in Mozambique. The ASX-listed resources company said that construction on the project is anticipated to begin
Rio Tinto Sells Winchester South Coal Mine Stake to Whitehaven Coal for $200 Million
June 5, 2018
Mining giant Rio Tinto has completed its $200m sale of its 75 percent stake in the Winchester South coking coal project in the Australian state of Queensland to Whitehaven Coal. The two parties had entered into an agreement in this
Sojitz to Acquire BHP and Mitsubishi’s Gregory Crinum Coal Mine for $100M, Australia
June 5, 2018
Japan’s Sojitz has agreed to acquire the Gregory Crinum coking coal mine in central Queensland, Australia from BHP Billiton and Mitsubishi Development for A$100m ($75.8m). BHP and Mitsubishi, currently own the mine through a 50:50 joint venture named BHP Billiton
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