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Wealth Minerals to Acquire Laguna Verde Lithium Project, Chile
January 11, 2017
Canadian mineral resource company Wealth Minerals has signed a letter of intent to acquire a 100 percent interest in the Laguna Verde lithium project in Chile. The project comprises 23 concessions for a total of 2,438 hectares and is located
Bunting® Magnetics Expands Global Operations With Acquisition of UK-based Mastermag
January 10, 2017
Bunting® Magnetics Co. has signed an agreement to acquire Master Magnets Ltd, a UK-based manufacturer of magnetic separation equipment. Based in Redditch, United Kingdom, Master Magnets Ltd provides a complete line of magnetic separation, recycling and metal detection equipment to
New Colombia Resources Signs $90 Million Purchase Order for Metallurgical Coal for Delivery to China
January 10, 2017
New Colombia Resources, Inc. has signed a US$ 90 million purchase agreement for metallurgical coal with American Steel Industries, LLC (ASI) of Philadelphia, PA, a joint venture partner with a Chinese Government owned multi-billion dollar commodities and steel trading company.
Iberian Minerals Applies for Work Permit at Cehegin Iron Ore Project, Spain
January 10, 2017
Iberian Minerals Ltd. has submitted the results of the 2015 high-resolution aeromagnetic survey on its 100 percent wholly owned Cehegin Iron Ore Project in Southeastern Spain to the Spanish mining authorities to expedite an exploration permit required to commence a
Energa and Enea Invite Bids to Develop Ostroleka Coal-fired Power Plant, Poland
January 9, 2017
Polish electric power producer and distributor Energa has announced tender procedure with power company Enea for the development of 1,000MWe coal-fired thermal power plant in the European country. The investment is expected to have a positive impact on the Polish
Death Toll Rises to 17 at Mine Collapse at Lalmatia Open Cast Mine, India
January 4, 2017
The death toll from a mine collapse in eastern India’s Jharkhand state rose to 17 Sunday as rescue workers continued to search for the bodies of six missing miners. A massive mound of earth caved in late Thursday at the
India’s NTPC Commissions First Unit at Kudgi Supercritical Thermal Power Plant
January 4, 2017
India’s state owned power-generation company NTPC has commissioned the first 800MW unit at the 4,000MW Kudgi supercritical thermal power plant located in Bijapur District of Karnataka, a state in India. The project is being developed in two stages with first
K92 Signs Long Term Power Supply Agreement with PNG Power for Its Mine Site in Papua New Guinea
January 3, 2017
K92 Mining Inc. has signed a power supply agreement (PSA) with the state utility company of Papua New Guinea, PNG Power for the supply of power to the K92 site located in the Eastern Highlands of Papua New Guinea. The
Centerra Gold Receives 2017 Mine Plan Approvals for Kumtor Mine, Kyrgyz Republic
January 3, 2017
Centerra Gold Inc. has received the necessary permits and approvals for its 2017 mine plan for its Kumtor operation, located in the Kyrgyz Republic. The approvals and permits are valid for the full year. Kumtor has received the industrial safety
MMK and Eurasian Resources Sign Iron Ore Delivery Agreement for Sokolovsko-Sarbayskaya, Kazakhstan
December 28, 2016
OJSC Magnitogorsk Iron and Steel Works (MMK) and Eurasian Resources Group have signed a strategic agreement for the supply of iron ore. The agreement provides for the supply of more than 30 million tonnes of iron ore, including pellets and
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