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Anglo American Delivers First Metallurgical Coal from Grosvenor Project, Queensland
May 16, 2016
Anglo American has commissioned its Grosvenor metallurgical coal longwall operation in the Bowen Basin of Queensland, Australia. The Grosvenor project, which was approved for development at the end of 2011, has delivered its first coal from its underground longwall seven
ZincOx Resources Aims for Fresh Start in Its Zinc Recovery Processes
May 13, 2016
ZincOx Resources is aiming for a fresh start in 2016 after a year that ended with ownership of its zinc recycling plant transferred to its Korean partner. Rod Beddows, chairman said: “2015 was an extremely challenging and frustrating year for
Pakistan Government to Invite International EPC Bids for $1.7 Billion Jamshoro Coal Plants
May 13, 2016
The Ministry of Water and Power has decided to invite international competitive bids for engineering, procurement and construction (EPC) contract for installing $1.7 billion Jamshoro coal-based power plants. An official said the Asian Development Bank (ADB) has given no-objection certificate
Lucara Sells 813 Carat Diamond Recovered from Its Karowe Mine in Botswana for US$63 Million
May 11, 2016
Lucara Diamond Corp.‘s exceptional 812.77 carat, Type IIa diamond recovered from the Karowe mine in Botswana in November 2015 has been sold for US$63,111,111 (US$77,649 per carat). As part of the sale, Lucara has partnered with Nemesis International DMCC, and
Canada Rare Earth to Acquire Rare Earth Separation Refinery, Laos
May 11, 2016
Canada Rare Earth Corporation has entered into an agreement to purchase 60 percent of a company based in Laos (LaosCo). LaosCo owns a full capability rare earth refinery that is designed to process monazite rare earth concentrate and separate the
Shenhua Group Completes Upgrades at Its Coal-fired Power Plants in Beijing-Tianjin-Hebei Region
May 11, 2016
China’s largest coal producer Shenhua Group has completed upgrades to its coal-fired power plants in the Beijing-Tianjin-Hebei region that will dramatically reduce their emissions. A milestone in China’s efforts to be more environmentally friendly, Shenhua’s upgrades will take emissions of
Vietnam Government Clears Way for Two Million Tonnes of Coal Exports this Year
May 11, 2016
The permission followed recommendations by the Ministry of Industry and Trade, which suggested that the Government should enable coal exports to the amount of 2.05 million tonnes every year between 2016 and 2020. According to Dau tu (Vietnam Investment Review)
HUBCO to Build 330MW Coal Power Plant in Thar, Pakistan
May 11, 2016
Hub Power Company (Hubco) has announced that it will set up a 330-megawatt coal-based power project in Thar at a cost of $500 million in partnership with other investors, subject to approval of the Private Power and Infrastructure Board (PPIB).
Moreton Resources Reaches Agreement to Advance South Burnett Coal Project, Queensland
May 11, 2016
Moreton Resources Ltd has come to an agreement with the Wakka Wakka people under the Aboriginal Cultural Heritage Act 2003, in relation to its South Burnett Coal Project in Queensland. The company has agreed to a Cultural Heritage Management Plan,
Pembroke Resources to Acquire Peabody’s Undeveloped Coal Tenements in Queensland for A$104 Million
May 10, 2016
Peabody Energy’s Australian subsidiaries have entered into sale and purchase agreements with Australia-based Pembroke Resources, a portfolio company of leading energy and resources-focused global private equity firm Denham Capital, to sell its interest in undeveloped metallurgical reserve tenements in Queensland’s
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