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

Sumatra Suspends Operations at Tembang Gold-Silver Mine, Indonesia

June 5, 2018

Sumatra Copper & Gold announced that it has temporarily suspended open pit mining activities at its Tembang gold-silver operation located in southern Sumatra, Indonesia. With the scheduled completion of the Berenai open pit mine this month, the majority of the

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Four Fatalities in Mine Collapse at Quetta Coal Mine, Pakistan

June 4, 2018

Four coal mine workers were killed on Sunday when a part of a mine located in the Sanjadi area of Quetta collapsed, officials said. Initial investigations reveal that the mine collapsed due to a gas explosion, Chief Inspector Mines Iftikhar

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FMG Approves Development of Eliwana Iron Ore Mine and Rail Project, Australia

June 1, 2018

Fortescue Metals Group advised that the Board has approved the development of the Eliwana mine and rail project, located in Western Australia’s Pilbara region. Eliwana Highlights • Estimated capital cost of US$1.275 billion • 143 kilometers of rail, a new

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Australia’s South32 to Acquire 50% Stake in Eagle Downs Met Coal Project, Queensland

June 1, 2018

Australia-listed miner South32 said Tuesday it has agreed to acquire a 50 percent interest in, and assume operatorship of, the Eagle Downs metallurgical coal project in Queensland from a subsidiary of China’s BaoWu Steel Group. South32 said it had agreed

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China Considers More U.S. Coal Imports to Cut Deficit

June 1, 2018

China is considering a plan to buy more American coal as part of an effort to narrow its trade deficit with the U.S., according to people with knowledge of the matter. Chinese officials are currently looking at boosting purchases from

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Pangea Minerals to Reduce Workforce to Cut Operating Costs, Tanzania

June 1, 2018

Mining News reported that Tanzania’s Pangea Minerals Limited has announced it will reduce its workforce next month, in an attempt to cut operating costs. PML is owned by Acacia Mining. Mr Benedict Busungu general director of PML said that “Extraction

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Republic of Congo Joins Iron Ore Producing Countries

June 1, 2018

Republic of the Congo has just joined the circle of iron-ore producing countries. The first train towing 20 cars containing 40 tons each of this ore stopped at the central station of Pointe-Noire, the economic hub on Friday. This iron

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Tata Steel Wins Prestigious Dun and Bradstreet Corporate Award

June 1, 2018

Tata Steel bagged the prestigious Dun & Bradstreet Corporate Award 2018 in the ‘Iron and Steel’ category for the fourth consecutive year. Ms. Dipali Talwar, group general counsel, Tata Steel received the award on behalf of the organization from the

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Paladin Energy to Mothball Langer Heinrich Uranium Mine, Namibia

May 31, 2018

Paladin Energy said that it is mothballing its Langer Heinrich uranium mine in Namibia to preserve its resources and mitigate operating losses. The Australia-based uranium miner said that it has secured approval of relevant stakeholders to place the mine under

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Rio Tinto Granted Accreditation for AutoHaul® Project by Australia’s National Rail Regulator

May 30, 2018

Rio Tinto has been granted accreditation by Australia’s Office of the National Rail Safety Regulator approving the autonomous operation of trains at the group’s iron ore business in Western Australia. The AutoHaul® project continues to progress and is on schedule

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