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Red Metal Maps Out Underground Mining, Processing Options for Maronan Project, Queensland
March 11, 2016
Red Metal Limited has mapped out underground mining and processing options for its lead-silver and copper-gold resources at the Maronan Project in Northwest Queensland. The current inferred resource will see more infill and step-out exploration drilling to upgrade the resource
Venezuela Congress Takes Up Case of 28 Missing Miners
March 10, 2016
Opposition politicians on Tuesday are putting more pressure on Venezuela’s government to increase search efforts in order to determine what happened to a group of 28 missing miners who were allegedly killed by gang members. More than 1,000 soldiers fanned
Mawson West to Place Kapulo Copper Mine on Care and Maintenance, DRC
March 9, 2016
Mawson West Limited has decided to place its Kapulo mine on care and maintenance. The company projects to cease mining at the end of March, while milling operations will continue into April. The company has made this decision due to
Silver Mines to Acquire Kingsgate’s Bowdens Silver Project, New South Wales
March 9, 2016
Silver Mines will control 220 million ounces of silver equivalent if the acquisition of the Bowdens Silver Project in New South Wales from Kingsgate Consolidated is completed. Bowdens is located in central New South Wales, 26 kilometers east of Mudgee
BHP Billiton and Vale Settle with £3.6 Billion Bill Over Dam Burst at Samarco Pit, Brazil
March 9, 2016
Global miner BHP Billiton and Brazilian miner Vale will pay a reported £3.6bn in damages for the fatal Samarco dam disaster. The joint venture partners, which own mining company Samarco Mineração, will pay the fine over 15 years for the
Coal Prices May Do Something They Haven’t Done in Two Years, Rise
March 9, 2016
Potential supply cuts have the price of metallurgical coal — the kind used to make steel — poised to do something it hasn’t done since October 2013: rise. The benchmark contract for the coal may gain by a few dollars
Bharat Heavy Electricals Awarded Contract from Tamil Nadu to Build Thermal Power Plant, India
March 8, 2016
Tamil Nadu Generation and Distribution (TANGEDCO) has awarded a contract to India’s state-owned utility Bharat Heavy Electricals (Bhel) to build Uppur supercritical thermal power project (TPP) in Tamil Nadu state. Featuring two units each with a capacity of 800MW, the
Duran Set for Commissioning Phase in April for Its Aguila Norte Mineral Processing Plant, Peru
March 8, 2016
Duran Ventures Inc. has provided a progress report on the construction of its 80 percent owned 100-tonne-per-day Aguila Norte mineral processing plant located in Northern Peru. The company expects to finish construction of the plant by the end of March
Largo Resources Secures Funding, Restructures Export Facilities at Maracas Menchen Mine, Brazil
March 8, 2016
Largo Resources Ltd. has secured funding and is restructuring its export credit facilities for its Maracás Menchen Mine. The terms of the new facility, consistent with the previously announced binding term sheet with the lenders, include: • Working capital facility
Swedish Supreme Administrative Court Cancels Tasman’s Norra Karr Mining Lease
March 8, 2016
Tasman Metals Ltd. has been notified of a decision by the Supreme Administrative Court of Sweden (SAC) to cancel the Norra Karr mining lease (ML). This ML was granted to the company in May 2013 by the Swedish Mining Inspectorate
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