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Lithium Mining in Krusne Mountains Could Lead to 1,000 New Jobs, Czech Republic
September 19, 2017
Lithium mining in Krušné Mountains could lead to more than 1,000 jobs, say representatives of the town of Cínovec in the Teplice area, where mining is planned. Investments of around 10 billion crowns are expected and Cínovecká deponie, a company
Kibo Mining Closes in on Mbeya Funding and Power Purchase Agreement, Tanzania
September 19, 2017
Kibo Mining PLC is making progress in securing project financing for its Mbeya coal-to-power project in Tanzania. Significant progress has also been made in putting together the Power Purchase Agreement with Tanzania’s sole energy provider, Tanzania Electric Supply Company Ltd.
Fourth Ship with Coal from South Africa for DTEK’s TPPs Arrives in Ukraine
September 19, 2017
The fourth vessel with 75,000 tonnes of anthracite from South Africa for Prydniprovska and Kryvy Rih thermal power plants (TPPs) of DTEK Energo has arrived in the Yuzhny seaport, the company’s press service reported on Monday. “Bulker Semiramis delivered 75,000
Kinross Gold to Spend $1 Billion to Expand Mines in West Africa
September 19, 2017
Kinross Gold Corp, as expected, gave the go-ahead on Monday to spend more than $1 billion to expand two of its gold mines, including its Tasiast mine in West Africa. Kinross okayed a second-phase, $590 million expansion at its Tasiast
Yadadri Thermal Project Secures $600 Million Financing for Fifth Unit, India
September 19, 2017
The fifth phase of the 4GW Yadadri thermal power project being built in the Indian state of Telangana has secured INR40bn ($600m) of financing from government-owned Power Finance Corporation (PFC). Located at Damaracherla in Nalgonda district, the Yadadri thermal power
Ukraine Receives First Shipment of U.S. Coal in $80 Billion Deal
September 18, 2017
Ukraine received its first shipment of anthracite coal from the U.S. Wednesday, part of an $80 billion deal between President Donald Trump and Ukrainian President Petro Poroshenko. This shipment carried 62,000 tonnes of the total 700,000 tonnes set to be
Freeport CEO: Fight Over Grasber Gold Mine Isn’t Over, Indonesia
September 18, 2017
The landmark deal that forced Freeport-McMoRan Inc. to cede controlling interest in the world’s biggest gold mine and second-largest copper mine to Indonesia may not be the final outcome as both sides prepare for a politically charged fight over the
Sojitz Coal Mining Gets Green Light to Develop Meteor Downs South Project, Queensland
September 15, 2017
Another coal mine in central Queensland has been given the green light. Natural Resources and Mines Minister Anthony Lynham said the Meteor Downs South project had been given the go ahead by Sojitz Coal Mining and U&D Mining. It follows
Sedgman Awarded Tailings Dewatering Contract at Stanwell’s Meandu Mine Coal Prep Plant, Queensland
September 15, 2017
Sedgman, CIMIC Group’s mineral processing company, has secured an Engineering Procurement and Construction contract with revenue of $6 million with Stanwell Corporation to provide a tailings dewatering facility at the Meandu Mine coal handling and preparation plant in the South
Peabody Enters Agreement to Sell Majority of Burton Mine to Lenton Joint Venture for $11 Million
September 15, 2017
Peabody has entered into an agreement to sell the majority of its Burton mine and related infrastructure to the Lenton Joint Venture for approximately US$11 million. The Lenton Joint Venture will assume the reclamation obligations associated with the assets being
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