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NEWS Click on text to read news by category: General | Product | People | Worldwide

Asante Gold Acquires Kubi Mining Leases and Eight Prospecting Licenses, Ghana

August 10, 2016

Asante Gold Corporation has reached ab agreement with Goknet Mining Company Limited to close the acquisition of the Kubi Mining Leases. Asante plans to further explore and if warranted develop Kubi as a custom milling and direct shipping underground operation.

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ALTA Launches Free Technical Library Resources for Metallurgical Industry on Its Website

August 10, 2016

ALTA has launched the ALTA Free Library for the metallurgical industry on its website. The library will initially offer the proceedings from the 1995-2009 Nickel-Cobalt conferences, which includes 350+ technical papers. The 1997-2009 Uranium proceedings will be available late March

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Two Chinese Miners Kidnapped by Gunmen in Nigeria

August 10, 2016

Police say gunmen have kidnapped two Chinese miners in central Nigeria. Police say local hunters and others are helping them in “a very intense search” for the miners in the forest and bush of Nasarawa state. Assistant police superintendent Numan

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Coal India to Hold e-Auction for Power Plants this Month

August 10, 2016

Coal India will this month hold special forward e-auction for power producers, amid government’s plans to provide round-the-clock electricity to all. “Special forward e-auction for 2016-17 for power producer phase III will be held this month,” an official said, adding

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Rio Tinto Unveils New Organizational Structure and Executive Team to Drive Performance

August 8, 2016

Rio Tinto will strengthen its organizational structure to continue to drive performance under its new Chief Executive Jean-Sébastien Jacques. From July 2, 2016, Rio Tinto’s product group structure will be adjusted to better align the group’s assets with the business

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Maximus Resources to Acquire Ramelius’ Burbanks Processing Facility for $2.5 Million, Australia

August 5, 2016

Maximus Resources Ltd will acquire the Burbanks Processing Facility located 8 kilometers south of Coolgardie in Western Australia from Ramelius Resources Ltd for $2.5 million. The Burbanks Processing facility is situated 60 kilometers from Maximus’ Spargoville exploration portfolio and within

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Peninsula Energy Enters Partnership Agreement to Advance Karoo Uranium Project, South Africa

August 5, 2016

Peninsula Energy Ltd has entered a partnership to advance its Karoo uranium projects in South Africa, (Peninsula 74 percent / BEE Groups 26 percent). Peninsula has entered into a subscription agreement with Concentrate Capital Partners Limited (CCP), an independent investment

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Avenira to Start Production at Baobab Phosphate Project, Senegal

August 5, 2016

Avenira Ltd is only weeks away from production at the Baobab Phosphate Project in Senegal, after commencing water commissioning of the wet screening plant. The company’s strategy is to develop the project based on an initial Stage 1 operation producing

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India’s NTPC to Scale Up Coal Output

August 5, 2016

NTPC aims to scale up its captive coal output in a way that it takes care of at least 25 percent of its needs, going ahead after years of delay in developing these mines. The state-run power generator has 10

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French Company Effort Management Group Expands Into Russian Proppant Market

August 3, 2016

Effort Management Group intends to take over the proppant market in Russia. This decision was declared by the chief financial officer of the Group Marc Van den Meersche on June 1, 2016 during the conference held in Paris dedicated to

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