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Metso Signs Distribution Agreement with Process Control Equipment to Expand Services in UK, Benelux
September 26, 2017
Metso has signed a distribution agreement for its valve products with Process Control Equipment (PCE) to cover UK, Benelux and Spain. Under the non-exclusive agreement, PCE will add to its current portfolio of Metso’s Neles and Jamesbury product families for
Bukit Asam Explores Coal Mining Acquisitions in Kalimantan, Indonesia
September 26, 2017
Bukit Asam (PTBA) is focusing on seeking coal mines to be acquired in Kalimantan. The company considers that Kalimantan is an area with abundant coal reserves and has better logistics access than Sumatra. Director of Bukit Asam, Arviyan Arifin confirmed
Fura Gems Enters Agreement to Acquire Ruby Licenses in Mozambique
September 26, 2017
Fura Gems Inc. has entered into an agreement to acquire all of the issued and outstanding shares of Cobadale Ltd. On closing of this transaction, Fura Gems will own an 80 percent effective interest in four ruby licenses and has
There’s a Surprising Winner from China’s Ban on North Korean Coal
September 25, 2017
There is a surprising potential winner from China’s ban on North Korean coal: Mongolian coal exporters. That’s according to Christopher Wood, author of CLSA’s weekly “Greed & fear” newsletter, who cited what his team heard while in Ulaanbaatar, the capital
Government of India Assures to Streamline Quarrying Operations
September 25, 2017
Efforts would be taken to streamline sand quarrying operations in an ecologically-friendly and environmentally sustainable manner across the state, Tamil Nadu chief secretary, Girija Vaidhyanathan and Principal Secretary of Public Works Department, S K Prabakar told the Madurai bench of
NewBlack Energy Considers Acquiring Peabody Energy’s Mothballed Wilkie Creek Coal Mine, Queensland
September 25, 2017
A Queensland-based company has confirmed it has made an offer to global energy giant Peabody Energy to purchase one of its mines in the region. NewBlack Energy CEO Michael Gray told The Chronicle he and his colleagues had been working
China Set for World’s Largest Clean Coal Power System by 2020
September 22, 2017
China is expected to boast the world’s largest clean coal power system with high efficiency by 2020, the Xinhua-run Economic Information Daily reported on Wednesday. Since 2014, the coal-fired power sector has been renovating facilities to reduce emissions and save
Eldorado Gold Not Suspending Investments in Greece After Starting Constructive Dialogue
September 22, 2017
A Canadian mining company that is one of Greece’s largest foreign investors said Thursday it would not suspend operations in the country as it had threatened to do earlier this month, after starting a “constructive dialogue” with the government. Vancouver-based
Tango Mining Enters Diamond Mining Sector in Angola
September 20, 2017
Tango Mining Limited has signed a three year renewable services agreement for mining and marketing of diamonds with Txapemba Canguba R.L, located in the Municipality of Cambulo, Province of Lunda Norte, Republic of Angola. Txapemba was granted an 84 square
Nickel Asia Steps Up Mining Rehabilitation to Ensure Environmental Sustainability, Philippines
September 19, 2017
Hinatuan Mining Corp., a subsidiary of listed Nickel Asia Corp., is stepping up its mine rehabilitation as 59 hectares of its area are undergoing restoration to ensure environmental sustainability. HMC has so far rehabilitated 79 hectares and another 59 hectares
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