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Whitehaven Coal Downgrades Saleable Coal Production Guidance
January 22, 2018
Fin News Network reported that mining company Whitehaven Coal has downgraded its saleable coal production guidance for the year, even though the miner has reported a 10 percent increase in coal sales for the December quarter. A fault impacted coal
Tawana Resources Set to Commission Its Bald Hill Lithium Mine, Western Australia
January 18, 2018
The West reported that Goldfields lithium developer Tawana Resources said that it remains on track to commission the Bald Hill lithium mine with Singapore listed joint venture partner Alliance Mineral Assets within two months. Located 50km south-east of Kambalda, Bald
India Gears Up to Auction 72 Mineral Blocks by Year End
January 18, 2018
Business Standard reported that seventy two more mineral blocks are set to go under the hammer before the end of this financial year. Twelve mineral rich states Andhra Pradesh, Chhattisgarh, Gujarat, Jharkhand, Karnataka, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Telangana and
Mercator Resumes Coal Operations in Indonesia
January 18, 2018
Mercator Ltd announced that restarting of the coal operations at its mining site in Indonesia. The operations were disturbed for a large part of the third quarter due to change in the management team. The company said that “The new
Essar Steel Receives Consent to Establish Ghoraburhani-Sagasahi Iron Ore Mine Block, Odisha
January 18, 2018
Business Standard reported that Essar Steel has got the ‘Consent to Establish’ from the State Pollution Control Board here for its Ghoraburhani-Sagasahi iron ore block. It was the first iron ore mine to be auctioned in the country. Essar Steel
Chinese Import Boom Set to Continue in 2018
January 18, 2018
Global Times reported that Chinese importers are optimistic about the prospects for 2018, following the strong growth seen in 2017. Mr. Shi Xinyu general manager of Yiwu Ziguang Trade Co in Yiwu, East China’s Zhejiang Province, told the Global Times
AES to Sell Its Equity Interest in Coal-fired Plants for $1.05 Billion, Philippines
January 17, 2018
The AES Corporation has entered into an agreement to sell its entire 51 percent equity interest in Masin-AES Pte. Ltd., a subsidiary of AES that owns AES’ business interests in the Philippines, to SMC Global Power Holdings Corp. for $1.05
Peru Exploring Potential for $2.4 Billion Mineral Railway for Increased Copper Production
January 16, 2018
Mining Global reported that world’s second biggest copper producer looks set to build a multibillion dollar railway, as it anticipates a huge surge in copper production in the coming years. The government of Peruvian President Mr. Pedro Pablo Kuczynski told
BMW and Codelco Set Up Responsible Copper Initiative
January 16, 2018
BMW Blog reported that with the increased demand in the electrified car sector, carmakers need to make sure that the materials used in the manufacturing process are responsibly attained, without harming the environment even further. BMW is once again at
Uzbek President Mirziyoyev Approves Construction of Mining and Metallurgical Complex at Tebinbulak
January 15, 2018
Uzbek President Shavkat Mirziyoyev has approved the plan of measures in connection with the construction of a mining and metallurgical complex based on the Tebinbulak deposit. The new complex will be built by 2024. Its capacity will be up to
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