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Argosy Minerals to Develop Pilot Lithium Plant in Argentina
October 31, 2016
Argosy Minerals Ltd has approved the first stage development plan for a pilot plant at its Rincon Lithium JV Project located in the “Lithium Triangle” in Salta Province, Argentina. The target for the first stage is to produce a laboratory
Equus Mining to Acquire Los Domos Gold-Silver Project, Chile
October 31, 2016
Equus Mining Ltd has secured the rights to acquire the Los Domos gold-silver project located in Chile’s XI Region, adjacent to the Cerro Bayo silver-gold mine. The Cerro Bayo silver-gold mining operations, owned by Mandalay Resources Corp, is currently producing
Scientific Metals to Acquire Two Lithium Brine Projects, Argentina
October 27, 2016
Scientific Metals Corp. has entered into an arm’s length standstill agreement which provides Scientific Metals exclusive negotiating rights to purchase a 100 percent interest in two prospective lithium brine projects in Northwest Argentina. The properties surround areas of salar (dry
Sirius Minerals Strikes $300 Million Deal with Gina Rinehart Company, UK
October 27, 2016
Sirius Minerals PLC signs a financing deal worth up to US$300mln with the company controlled by one of the world’s richest woman. The pact with a subsidiary Gina Rinehart’s Hancock Prospecting will form an important plank of the overall funding
New Colombia Resources to Advance Approval for Permit to Add Rock Mining Operations
October 27, 2016
New Colombia Resources, Inc. met with the Agencia Nacional de Mineria (ANM) to advance the expedition of a work permit to begin rock mining operations. The company already has an approved work plan for coal mining, however, they’re awaiting approval
Brazilian Prosecutors Charge 21 National and Foreign Mining Executives After Fatalities During Mine
October 27, 2016
Brazilian prosecutors have charged 21 national and foreign mining executives with manslaughter and other environmental crimes almost a year after a mine dam burst killed 19 people and polluted hundreds of miles of rivers and streams. The office of the
Vietnam Goes from Coal Exporter to Coal Importer
October 27, 2016
Vietnam, previously a coal exporter, imported 10.5 million tonnes of coal in the first nine months of the year, a 147 percent year-on-year, mostly from China, Russia and Australia. Tho told participants that the coal industry’s target was to effectively
Chinese Government Instructs Major Mining Companies to Boost Coal Output
October 27, 2016
International coal prices will likely face downward pressure now that the Chinese government has instructed major mining companies to quickly increase production, an about-face driven by a desire to control inflation. The National Development and Reform Commission, the body in
Zamia Metals to Acquire Indonesian Coal Mine for $24.3 Million
October 25, 2016
Zamia Metals Ltd has entered into a binding agreement to acquire a company that owns a mining permit for a coal mine on the island of Central Kalimantan in Indonesia. The purchase price of $24.3 million is to be affected
Alphamin Secures $8.5 Million for Preliminary Mine Construction Work at Bisie Tin Project, DRC
October 25, 2016
Alphamin Resources Corp. has secured approximately US$8.5 million (C$11,004,999) from the sale of 36,683,329 common shares at a price of C$0.30 per share. All shares sold in the offering are subject to a four-month hold period in Canada expiring on
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