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Cradle Resources Raises $2.9 Million to Advance Panda Hill Niobium Project, Tanzania
January 30, 2018
Cradle Resources Ltd is raising $2.9 million via the placement of shares at $0.12 each to institutional and sophisticated investors. Proceeds from the placement will be used to continue the advancement of Cradle’s Panda Hill Niobium Project in Tanzania. The
Volt Resources Lodges ESIS for Its Bunyu Graphite Project, Tanzania
January 30, 2018
Volt Resources Ltd has lodged the Environmental and Social Impact Statement (ESIS) for its flagship Bunyu Graphite Project in Tanzania. The submission of the ESIS follows the completion of a significant body of work including flora and fauna surveys, heritage
Red River Resources Declares Commercial Production at Thalanga Zinc Operations, Queensland
January 30, 2018
Red River Resources Limited has declared commercial production at Thalanga Zinc Operations in central Queensland. The first shipment of zinc concentrate is expected this month and sales of copper concentrate have started. Provisional payment has also been received for 2,694
Anglo American to Invest $308 Million to Expand Minas-Rio Mine, Brazil
January 25, 2018
Anglo American PLC said on Tuesday it expects to receive long-awaited licenses on Friday which will pave the way for the mining company to boost its Brazilian iron ore production capacity by about 56 percent. Anglo American plans to invest
JCHX Mining Wins Contract to Reopen Baluba Copper Mine, Zambia
January 25, 2018
JCHX Mining Management Co. has announced that one of its subsidiaries won a construction contract for a major copper mine in Zambia. Wholly owned unit JCHX Mining Construction Zambia won the contract, worth $55 million, for construction to resume production
NQ Minerals Set to Begin Product at Hellyer Mine, Tasmania
January 25, 2018
Consultants at CSA Global have estimated that the Hellyer mine owned by NQ Minerals has a net present value of US$113.2mln, based on the existing ore reserve and using a discount rate of 10 percent. The project also boasts a
Strongbow Exploration Confident South Crofty Tin Mine Will Reopen, UK
January 25, 2018
The CEO of the company behind an effort to finally reopen the iconic South Crofty mine says his team are confident that tin will once again be mined at the site by 2021. Richard Williams is from Canadian company Strongbow
Alba Mineral Resources Sets Sites on New Technology to Expand Clogau Gold Mine, Wales
January 25, 2018
New technology will help in the search for gold in north Wales, according to a mining company which hopes to restart gold mining in the Dolgellau gold belt where the famous Clogau gold mine is. Alba Mineral Resources last year
Machinery Seized from Brahmani’s Steel Plant for Alleged Customs Evasion, India
January 25, 2018
The Directorate of Revenue Intelligence (DRI) has seized imported machinery worth Rs. 189 crore from an integrated steel plant of Brahmani Industries promoted by industrialist Gali Janardhan Reddy at Ambavaram in Jammalamadugu constituency of Kadapa district. The DRI made the
Cloud Peak Energy Signs Long-Term Coal Export Agreement to Supply New Japanese IGCC Power Plant
January 24, 2018
Cloud Peak Energy’s wholly-owned subsidiary, Cloud Peak Energy Logistics (CPEL), has entered into a term coal export sales agreement with JERA Trading Pte Ltd. (JERAT), which is a trading company based in Singapore. Shipments are expected to commence as early
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