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Kibo Mining Confident Over Resource After Upgrade at Mbeya Coal Project, Tanzania
April 13, 2016
Kibo Mining PLC has significantly upgraded the status of the resources at its Mbeya coal-fired power development in Tanzania. A drilling program has seen the resource overall rise by 10.4 percent to 121 mln tonnes (Mt) out of which 20.9Mt
Mariana Resources Exits Nassau Gold Project, Suriname
April 13, 2016
Mariana Resources Ltd has opted to withdraw from the Nassau Gold Project in Suriname. It did so after evaluating all the exploration data and cited the “significant” future costs of an earn-in to the project for its exit. Mariana, which
Dundee Precious Metals Acquires Serbia-based Avala Resources
April 11, 2016
Avala Resources Ltd. and Dundee Precious Metals Inc. have successfully completed the plan of arrangement under the Business Corporations Act (British Columbia) pursuant to which DPM, through a wholly-owned subsidiary (Acquisitionco), acquired all of the issued and outstanding common shares
Kibo Mining Completes Feasibility Study for Mbeya Coal to Power Project, Tanzania
April 8, 2016
Kibo Mining, the Tanzania focused mineral exploration and development company, has announced that the Mbeya Coal to Power Project, Definitive Power Feasibility Study work has been completed on schedule. The DPFS report is now subject to a review process. The
Anglo American to Sell 70% Stake in Foxleigh Coal Mine in Queensland, Australia
April 8, 2016
Anglo American has entered into a Sale and Purchase Agreement with a consortium led by Taurus Fund Management to sell its 70 percent interest in the Foxleigh metallurgical coal mine in Queensland, Australia. The transaction will be effected via a
De Beer Encounters First Gem-bearing Ore at Its Jwaneng Operation Expansion, Botswana
April 8, 2016
De Beers’s project to expand the world’s most valuable diamond mine has encountered its first gem-bearing ore, seven years after it started. The 24 billion-pula ($2.2 billion) plan to enlarge the Jwaneng operation in Botswana will eventually access an estimated
U.S. ITC Proceeds with Case Against China Imports for Stainless Steel Sheet and Strip
April 7, 2016
The U.S. International Trade Commission (ITC) made a unanimous preliminary determination that unfairly-traded imports of stainless steel sheet and strip are causing injury to U.S. producers. The preliminary injury determination means that the cases against imports from China will proceed.
Aberdeen’s African Thunder Platinum Suspends Operations at Smokey Hills Mine, South Africa
April 6, 2016
Aberdeen International has provided an update on mining activities at African Thunder Platinum. African Thunder Platinum (ATP) has decided to temporarily suspend mining operations at the Smokey Hills platinum-palladium mine effective immediately. ATP was engaged in a process to review
Dynasty Suspends Activity at Zaruma Gold Mine After Employees Walk Out, Ecuador
April 6, 2016
An unexpected walkout by workers at Dynasty Metals & Mining Inc.‘s Zaruma gold mine in Ecuador has resulted in the temporary suspension of all activities at the mine. Administration and all other projects of the company are unaffected. Dynasty is
Mechel to Supply China’s Baosteel Resources with Nearly One Million Tonnes of Coking Coal
April 6, 2016
Mechel PAO has prolonged its cooperation agreement with China’s major corporation Baosteel Resources. Since April 2016 and until March 2017, Mechel will supply the Chinese company with up to 960,000 tonnes of premium-grade coking coal produced at Neryungrinsky Open Pit.
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