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Kinross Gold Releases Operational Updates for Its Bald Mountain, Tasiast, and Maricunga Mines
August 30, 2016
Kinross Gold has released operational updates for its Bald Mountain mine in Nevada, Tasiast mine in Mauritania and Maricunga mine in Chile. BALD MOUNTAIN At Bald Mountain, the company has received a record of decision from the U.S. Bureau of
W Resources Secures Funding, Offtake Agreement for Start-up of La Parrilla FTM Mine, Spain
August 29, 2016
W Resources Plc, the tungsten, copper and gold, exploration and development company with assets in Spain and Portugal, has secured a package of financing and tungsten off-take arrangements for the start-up of the La Parrilla FTM mine, from ICD Alloys
ABB to Improve Asset Management Capabilities at Collahuasi Copper Mine, Chile
August 29, 2016
ABB has secured a contract to improve asset management capabilities at Collahuasi mine in Chile. The contract with Compañía Minera Doña Inés de Collahuasi (CMDIC) will see ABB upgrade the Ellipse enterprise asset management and MineMarket software solution to help
Thermal Coal Price On the Way Up in Mackay Region, Australia
August 26, 2016
Mining companies in the Mackay region can breathe a little easier as the latest data released by the World Bank shows the thermal coal price has risen to its highest level in more than two years. At a current price
Billionaire Wiese Sees Opportunity to Combine Diamond Mines in South Africa
August 26, 2016
Christo Wiese, South Africa’s richest man, sees opportunities to consolidate diamond operations in the region after buying a stake in a Cape Town-based miner of the precious stones. Wiese, 74, has always been “fascinated’’ by diamonds and saw good value
Evolution Acquires Stake in Glencore’s Ernest Henry Gold-Copper Mine for A$880 Million, Australia
August 25, 2016
Glencore plc and Evolution Mining have entered into a long term agreement, for delivery of gold and copper calculated by reference to production at the Ernest Henry Mine (EHM) in Australia. Evolution will have a 30 percent economic stake in
Lydian Moves Toward Construction With Groundbreaking Ceremony at Amulsar Gold Project, Armenia
August 25, 2016
Lydian International Limited held a groundbreaking ceremony at its 100 percent-owned Amulsar Gold Project in Armenia. The ceremony, held August 19, took place as Lydian completes key engineering tasks to begin mobilizing for construction. “Our priorities for the balance of
Coal India to Hire 4,500 Fresh Graduates from IITs and NITs in Next Three Years
August 24, 2016
Coal India is on a recruitment binge. The state-run miner has decided to hire 4,500 fresh graduates from IITs and NITs to the management cadre in the next three years beginning next month. It will also recruit an additional 40,000
Asteroid Mining Company Deep Space Industries Reveals New Mission to Land on Asteroid by 2020
August 24, 2016
Asteroid mining is one of those things that sounds good in principle, but we’re not sure how good it’ll be in practice. However, one company in the US is making headway with its own plans to make the idea a
Flinders Univ. Research How Bacteria Could Replace Toxic Chemicals in Base Metals Mining Process
August 24, 2016
Scientists at Flinders University in Adelaide are researching the use bacteria to fight the environmental problem of acid mine drainage. The bacteria would replace many of the chemicals, like cyanide and xanthates, which are used in the early ‘froth flotation’
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