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Ghana’s Mining Industry Sees Increased Activity and Business Reforms
April 5, 2018
Ghana’s mining industry could see investment levels rise on the back of government efforts to improve the business environment and announcements that key gold mines are preparing to reopen or expand operations. In February the South African-headquartered AngloGold Ashanti, the
Philippine Government Begins Review of Mine Sites Closed by Former Environment Secretary Lopez
April 5, 2018
An interagency mining body has started its “fact-finding and science-based” review of an initial batch of 26 mine sites ordered either suspended or shut down last year by former Environment Secretary Regina Paz L. Lopez. The Mining Industry Coordinating Council
South Africa Court Backs Mining Industry on Black Ownership Rule
April 5, 2018
South African mining companies won court backing on a crucial black-ownership principle that’s likely to have implications for ongoing negotiations with President Cyril Ramaphosa’s government. Producers don’t need to top up black-shareholding levels in perpetuity if they previously met the
Barrick Gold’s Founder and Chairman Emeritus Peter Munk Passes Away
April 4, 2018
Barrick Gold Corporation said the company’s founder and chairman emeritus, Peter Munk passed away peacefully in Toronto, surrounded by his family. He was 90. Munk, an iconic Canadian entrepreneur and philanthropist, was born in Budapest in 1927. When the Nazis
Anglo American Suspends Iron Ore Operations at Minas-Rio for Pipeline Checks, Brazil
April 4, 2018
Anglo American suspends operations its Minas-Rio iron ore operation in Brazil in order to conduct a full inspection of the pipeline that carries iron ore, in slurry form, from the mine to the export terminal. Minas-Rio took the decision to
Singareni Collieries to Open 13 New Coal Mines
April 3, 2018
Public sector miner Singareni Collieries Company Limited (SCCL) has decided to open 13 new mines — six underground and seven open cast — in the coming days to augment its production. The company will convert underground mines into open cast
Te Power Breaks Ground on $121 Million Thermal Power Plant, Guinea
April 3, 2018
Endeavor Energy’s Tè Power (TPC) has reached financial close and broken ground on the $121m Tè Power Plant, a 50MW greenfield thermal power plant in Conakry, Guinea. The Tè Project will be the first internationally development finance institution project-financed independent
Trek Metals to Acquire Kroussou Lead-Zinc Project in Gabon, Africa
April 3, 2018
Trek Metals Limited has executed a share sale agreement to acquire 100 percent of the Kroussou Lead-Zinc Project from Battery Metals, with the deal expected to be completed in early April. TKM has been progressing exploration at the project over
Bombay High Court Passes Interim Order to Suspend Ore Transport in Goa
April 3, 2018
The Bombay High Court at Goa on Wednesday directed the State government to order immediate suspension of transport of all minerals related to the mining activity of 88 leaseholders. The directions are an interim order, pending hearing and final disposal
Battery Minerals Granted Mining License for Montepuez Graphite Project, Mozambique
March 29, 2018
Battery Minerals Limited advised that it has passed another major milestone in its path to become a significant graphite supplier to the lithium battery industry, with the Mozambican Government awarding the Mining License for its Montepuez project. The Mining License
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