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11 Miners Trapped in China’s Latest Coal Mine Accident
December 7, 2016
A gas explosion has trapped 11 Chinese coal miners underground, in the latest in a string of deadly accidents striking the industry after 53 miners were killed in two similar blasts last week. China’s state-run Xinhua News Agency reported that
Saudi Arabia Inaugurates $35 Billion Mining and Minerals Processing Complex
December 7, 2016
The Saudi Arabia government has inaugurated the $35bn mining and minerals processing complex at Ras Al-Khair Industrial City. The complex is intended to exploit the mineral deposits of phosphate and aluminium in the eastern region of the country. Ras Al-Khair
Aurion Acquires Two High Grade Gold Projects in Northern Finland
December 6, 2016
Aurion Resources Ltd. has acquired the Kaaresselkä and Kiekerömaa gold projects from Tertiary Minerals plc. The projects were purchased for an initial £100,000 initial consideration to be paid by Aurion in the form £15,000 in cash and £85,000 in Aurion
Turquoise Hill Suspends Oyu Tolgoi Concentrate Shipments Due to Chinese-Mongolian Border Matters
December 6, 2016
Turquoise Hill Resources has suspended concentrate shipments from Oyu Tolgoi to the Chinese border following a new requirement at the Chinese-Mongolian border to utilize one joint coal and concentrate crossing route. The new requirement has led to safety and security
Immersive Technologies Drives Results at Phosagro’s Apatit Underground Mine in Russia
December 5, 2016
Changes in drilling conditions and focus on operator workforce development at Phosagro’s Apatit mine in Russia prompted management to seek a better way to train their operators. With the rapid sales growth and operation success of Immersive Technologies’ simulators in
SIMEC to Acquire Rio Tinto’s Lochaber Assets for $410 Million, Scotland
December 5, 2016
Rio Tinto has reached an agreement to sell its assets at Lochaber, Scotland to SIMEC for consideration totaling $410 million. The sale purchase agreement comprises the sale of Rio Tinto’s 100 percent shareholding in Alcan Aluminium UK Limited which includes
New Colombia Resources Set to Develop New Coal Mine, To Begin Production Q1 2017
December 5, 2016
New Colombia Resources, Inc. has entered into a joint venture agreement to operate metallurgical coal concession contract JC3-15231 located in the municipality of Zulia approximately 25 km from Cucuta, Colombia. The coal will be mined and delivered to the company’s
Accident Leaves 22 Coal Miners Trapped in Northeastern China
December 2, 2016
Rescuers in northeastern China searched Wednesday for 22 miners trapped underground in the latest accident to befall China’s mining industry. State media reported that Tuesday night’s accident occurred at a mine in the city of Qitaihe in northeastern Heilongjiang province,
Death Toll Rises to 8 After Earthquake at KGHM’s Rudna Copper Mine, Poland
December 2, 2016
The director of a Polish copper mine said Wednesday rescue teams have recovered the bodies of the last three workers missing inside the mine after it caved in. The discovery brought the death toll from the cave-in triggered by an
Morumbi Achieves Progress Milestone for Acquisition of El Mochito Zinc Mine, Honduras
December 1, 2016
Morumbi Resources Inc. has achieved a progress milestone for the acquisition of the El Mochito zinc mine in Honduras from affiliates of Nyrstar NV. The company has satisfied all conditions precedent to the completion of the acquisition capable of being
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