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Glencore Positive on Copper, Zinc, Nickel Amid Electric Vehicle Optimism
February 27, 2018
Fast Markets reported that Glencore is positive on the outlook for copper, zinc, nickel and cobalt amid optimism over growth in the electric vehicle market, while its net income jumped more than four-fold to USD 5.78 billion in 2017 on
Kazakh Mining Company Eurasian Resources Looks to Spin Off and List Assets
February 27, 2018
Reuters quoted three banking sources as saying that Kazakh mining company Eurasian Resources Group, formerly known as ENRC, is working on a plan to eventually spin off and list some of its assets to help repay debt. The company, then
FLSmidth Selected to Supply a Fourth Copper Concentrator to KAZ Minerals, Kazakhstan
February 27, 2018
FLSmidth to deliver the key technologies for a fourth copper concentrator to KAZ Minerals in Kazakhstan. Underlining FLSmidth’s ability to deliver competitive, productive and efficient copper concentrator process equipment anywhere in the world, KAZ Minerals in Kazakhstan, has selected FLSmidth
Mineral Survey Drones Set to Begin Operation in Liberia
February 27, 2018
Liberian Observer reported that Chinese government through China-Aid has dispatched two mineral prospecting drones to Liberia to conduct geophysical surveys of areas with potential mineral deposits. The geophysical survey of areas with potential mineral deposits in Liberia by China, according
Reliance Infrastructure Secures $56 Million Contract for Uppur Thermal Power Project, India
February 27, 2018
Reliance Infrastructure has won a contract worth INR3,647crore ($562m) to provide balance of plant (BoP) package and associated civil works for the 1.6GW Uppur thermal power project in the Indian state of Tamil Nadu. The company bagged the engineering, procurement
India Opening Up Coal Mining for Private Sector is Historic
February 27, 2018
Economic Times reported that Narendra Modi government announced commercial coal mining has been opened up for private sector participation. Almost 45 years after coal mining was nationalized, this opens the door for standalone mining companies to re-enter. This is an
Europeans Rip Trump on Climate Change as They Import Record Amounts of U.S. Coal
February 26, 2018
As France, Germany and Italy chastised President Trump for rejecting the Paris climate accord in June and mocked the U.S. for turning its back on the environment, their nations were busy importing record amounts of American coal. The U.S., federal
Powerful Earthquake Rattles Gold Mine and Oil and Gas Operations in Papua New Guinea
February 26, 2018
A powerful earthquake rattled forest villages and a large gold mine in central Papua New Guinea early Monday, but there were no immediate reports of injuries. Officials were waiting for more information about damage from the magnitude-7.5 quake that hit
Kibo Mining Signs MOU with TANESCO for Mbeya Coal to Power Project, Tanzania
February 22, 2018
Kibo Mining has signed a Memorandum of Understanding (MOU) with the Tanzania Electric Supply Company (TANESCO) to sell power generated from its 300MW Mbeya Coal to Power Project (MCPP) in the Songwe Region in Tanzania. According to Kibo Mining, the
BHP Faces New Tensions with Union at Port Hedland, Western Australia
February 22, 2018
Financial Review reported that BHP’s flagship iron ore division could face fresh industrial tensions, with a union representing tugboat workers at Port Hedland expected to file a notification of dispute against the miner and its contractors within weeks. The Australian
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