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Novo Resources Closes C$15 Million to Advance Beatons Creek Project Towards Production, Australia

May 8, 2017

Novo Resources Corp. has closed its private placement led by Red Cloud Klondike Strike Inc. and including Haywood Securities Inc. to raise gross proceeds of C$15,000,051, which includes the full exercise by the agents of their option to sell an

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Verde Awarded Mining Permit for Its Cerrado Verde Project, Production to Start in 20 Days, Brazil

May 8, 2017

Verde AgriTech has been awarded a mining permit for 20,000 tons per annum to start-up its planned production. The Brazilian Ministry of Mines issued the permit last week. Verde intends to start its mining operations and processing in the next

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Shandong Province Becomes World’s Third Largest Gold Mining Area, Producer, China

May 4, 2017

Jiaodong Peninsula in eastern China’s Shandong province has become the world’s third largest gold-mining area and the largest gold production base in the nation, China News reported on May 3. Seventy large and medium-sized gold mines with gold reserves of

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De Beers Says it Could have Carbon-neutral Mines in Ten Years

May 4, 2017

De Beers, the world’s biggest diamond producer by value, says it could operate a carbon-neutral mine within half a decade. The Anglo American unit plans to store carbon-dioxide in kimberlite rock — a type of ore best known for containing

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Rescue Efforts Underway at Zemestanyurt Coal Mine in Iran After Explosion

May 4, 2017

A large explosion struck a coal mine in northern Iran on Wednesday, killing at least 21 miners and trapping several others as rescue teams worked frantically through the day and into the night to reach them, officials said. Iran’s official

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ItN Nanovation Enters Mining Industry with Contracts for Mine Waste Water Clean-up

May 3, 2017

ItN Nanovation AG has acquired its first order for the cleaning of mining waste water. This order has opened up a new field of business application for its ceramic flat sheet membranes. • New field of business: cleaning of mining

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Mechel Launches New Longwall at V.I. Lenina Underground Coal Mine, Russia

May 1, 2017

Mechel PAO has launched a new longwall at V.I. Lenina Underground Mine which is part of Southern Kuzbass Coal Company. V.I. Lenina Underground launched Longwall 0-5-2-13, whose industrial coal reserves are estimated at 369,000 tonnes of valuable coking coal grades.

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Bengal Set to Develop India’s Largest Coal Mine

April 28, 2017

Bengal is set to develop the country’s largest coal mine in Birbhum district, with the Center allotting the development rights for the Deocha-Pachami coal block to the state under the government route. Chief minister Mamata Banerjee said on Monday that

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World Bank Approves $150 Million to Support Nigeria Mining Sector

April 28, 2017

The World Bank on Wednesday approved 150 million dollars credit to help increase the mining sector’s contribution to the Nigerian economy. The Senior Communication Officer of the bank, Ms. Olufunke Olufon said in a statement in Abuja that the project

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Continental Gold Awards Construction Management and EPC Contracts for Buritica Project, Colombia

April 28, 2017

Continental Gold Inc. has awarded the construction management contract, and engineering and procurement contract for its Buriticá project located in Antioquia, Colombia. The construction management contract has been awarded to Merit Consultants International Inc., and the engineering and procurement contract

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