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Newmont to Build New Underground Mine and Expand Plant Capacity at Ahafo Operations, Ghana
April 24, 2017
Newmont Mining Corporation plans to extend profitable production at its Ahafo operations by building a new underground mine and expanding plant capacity by more than 50 percent. The Subika Underground mine is expected to produce 1.8 million ounces of gold
RungePincockMinarco Releases New Corporate Brand and Continued Commitment to Mining Industry
April 24, 2017
RungePincockMinarco (RPM), a global mining technology leader, has unveiled a new corporate brand and logo. The new brand, RPMGlobal, respects RPM’s past while looking outward towards its future. “Today, I am proud to announce that we have relaunched our company’s
Peabody to Retain Metropolitan Hard Coking Coal Mine, New South Wales Australia
April 21, 2017
Peabody will retain the Metropolitan metallurgical coal mine and its associated 16.67 percent interest in Port Kembla Coal Terminal in the company’s portfolio. The proposed purchaser, South32, terminated the purchase contract after it was unable to obtain clearance from the
Strongbow Successfully Completes Water Treatment Trials at South Crofty Tin Mine, UK
April 21, 2017
Strongbow Exploration Inc. has successfully completed water treatment trials at its South Crofty tin project, located in Cornwall, UK and is now working on an application to the UK Environment Agency (EA) for a mine waste permit. The company has
Silver Standard to Form JV With Golden Arrow for Pirquitas Mine, Argentina
April 21, 2017
Golden Arrow Resources Corporation has received the required notice from Silver Standard Resources Inc. to exercise its option on the Chinchillas project and form a joint venture to combine the Chinchillas project with the producing Pirquitas Mine into a single
Fatality at Codelco’s Salvador Mine, Chile
April 20, 2017
A supervisor at the Salvador copper mine owned by Chile’s Codelco died in an accident on Tuesday. His death caused the state-owned company to suspend operations at its concentrator plant. The death occurred in the flotation plant area of the
Allahabad High Court Seeks Government Reply on Mining Leases, India
April 20, 2017
The Allahabad high court on Wednesday directed the Uttar Pradesh government to file before it an affidavit containing guidelines to ensure e-auction of mining leases for minerals in the state. The court also directed the state government to stop illegal
Coal Mine Flood at Bandingliangta Coal Mine Traps Six Miners, China
April 20, 2017
Rescue workers are pumping water that trapped six people underground out of a flooded coal mine in northwest China’s Shaanxi Province. The flood was reported at 4:40 a.m. in a pit at Bandingliangta Coal Mine in Daliuta Township, Shenmu County.
South32 Terminates $200 Million Deal to Acquire Peabody’s Metropolitan Coal Mine, Australia
April 20, 2017
South32 Ltd. on Tuesday killed a $200 million deal to buy Peabody Energy’s Metropolitan coal mine in Australia after running into competition concerns about supply of coal to local steel makers. South32, which had been pursuing its first major acquisition
Met Coal Surges Past $300 Toward Record on Australia Outages
April 20, 2017
Spot metallurgical coal is heading for a record after surging above $300 a metric ton amid supply curbs from Australia, the world’s biggest exporter of the commodity used to make steel. Morgan Stanley says “panic buying” has helped double the
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