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Fortuna Silver Mines to Acquire Goldrock Mines and Its Lindero Project in Argentina
June 28, 2016
Fortuna Silver Mines Inc. has entered into a definitive agreement to acquire all of the issued and outstanding common shares of Goldrock Mines Corp. Goldrock’s principal asset is the 100 percent owned Lindero Project located in Salta Province, Argentina. The
Alinta Energy Shuts Down Its Port Augusta Coal Power Station, South Australia
June 24, 2016
The coal furnaces at Alinta Energy’s Port Augusta power station in South Australia’s north will go cold today as it goes offline. The Northern Power Station was disconnected from the network about 9:40am. Less than a year ago, Alinta Energy
African Potash Signs Fertilizer Distribution MOU with Ugandan Government
June 24, 2016
Fertilizer specialist African Potash as signed a non-binding Memorandum of Understanding (MoU) with the Ugandan government to develop a distribution network for the country’s farmers. The MoU is supported by the Common Market for Eastern and Southern Africa (COMESA), a
Aureus Mining Restarts Production at New Liberty Mine After Plant Upgrade, Liberia
June 24, 2016
Aureus Mining Inc has received the sign-off from Liberia’s Ministry of Lands, Mines and Energy for the restart of work at the New Liberty gold processing plant. It follows an intensive period of modification and optimization overseen by Maelgwyn Mineral
Three Australians Among Group of Mine Workers Kidnapped in Nigeria
June 24, 2016
Three Australian citizens and one Australian resident are among a group of workers who were abducted in a deadly ambush in south-east Nigeria, during which their driver was shot dead, Prime Minister Malcolm Turnbull has confirmed. The group was traveling
ALROSA Recovers a 241.21 Carat Diamond at Nyurbinskaya Pipe, Russia
June 22, 2016
PJSC ALROSA has recovered a 241.21-carat rough diamond from Nyurbinskaya pipe. It is one of the largest rough diamonds recovered in the Russian Federation and the third largest among those found at Nyurba Mining and Processing Division. The crystal measures
Eclipse Metals Signs JV to Advance Its Liverpool Uranium Project, Australia
June 22, 2016
Eclipse Metals Ltd has agreed to a joint venture and farm-in with an as yet disclosed multi-national mining company over its Liverpool Uranium Project in the Alligator Rivers uranium field in Northern Territory. The agreement is subject to a 30-day
Metso Named Among the Best Mining Industry Suppliers in Chile
June 22, 2016
Metso has been awarded First Place in the Best Performance Supplier category in the Mineral Processing segment, according to the results of the fifth “Ranking of Suppliers of the Mining Industry” made by Phibrand in conjunction with the Ministry of
De Beers Sells 50% Stake in Morupule Coal Mine, Botswana
June 22, 2016
De Beers is set to sell its 50 percent stake in Botswana’s sole coal mine to the country’s government, as part of parent company Anglo American’s attempts to trim its commodities portfolio, according to a report on Reuters. De Beers
CPFL Energia to Acquire AES’ Brazil Utilities AES Sul for $464 Million
June 21, 2016
The AES Corporation has entered into an agreement to sell its 100 percent equity interest in AES Sul, one of its utilities in Brazil, to CPFL Energia S.A. for BRL1,698 million (equivalent to $464 million at the expected BRL/USD conversion
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