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GBM Resources Acquires Rio Tinto’s Copper-Molybdenum Project, Queensland
February 16, 2016
GBM Resources has taken advantage of opportunities arising in the resources sector, acquiring Rio Tinto’s advanced exploration copper - molybdenum project near the Mount Morgan mine in Central Queensland. Historic drilling at Moonmera single tenement saw some interesting intersections reported
World Coal Association: India Needs International Support on High Efficiency Coal
February 16, 2016
World Coal Association Chief Executive Benjamin Sporton has said the critical role of coal in driving economic development in India meant the international community should support advanced coal technologies in the country. “India has made it very clear that coal
Caterpillar Names Rimco Official Dealer for Cuba
February 16, 2016
Caterpillar Inc. has selected Rimco, a privately owned Puerto Rico-based company, to be the Cat dealer for Cuba. Currently, Rimco serves as the Cat dealer for Puerto Rico and the Eastern Caribbean. Upon easing of trade restrictions, customers in Cuba
Rescuers to Suspend Search After Second Mine Collapse at Vantage Goldfields’ Gold Mine, S. Africa
February 16, 2016
The manager of a collapsed South African mine says rescuers were forced to suspend a search for three people trapped underground for more than a week. Lily gold mine manager Mike Begg said rescue teams were evacuated after a second
Glencore Enters $500 Million Streaming Agreement with Franco-Nevada for Antapaccay Mine, Peru
February 15, 2016
Narila Investments Ltd., a wholly-owned subsidiary of Glencore, has entered into an agreement with Franco-Nevada (Barbados) Corporation, a wholly-owned subsidiary of Franco-Nevada Corporation, for delivery of gold and silver calculated by reference to copper produced at the Antapaccay mine, located
Lucara Winning Results for Naming Its 1,111 Carat Diamond is Lesedi La Rona
February 15, 2016
Lucara Diamond Corp. has released the winning name for the 1,111 carat gem quality diamond recovered in November, 2015. The diamond has been named “Lesedi La Rona” which means Our Light. The winner of the competition is Thembani Moitlhobogi who
Engie Closes Rugeley Coal-fired Power Plant, Eggborough Power Plant Gets Stay of Execution, England
February 12, 2016
Engie has announced the closure of the Rugeley coal-fired power plant in England. The 1 GW plant will close in the summer with the loss of 150 jobs and Engie stated that present market conditions made it too unprofitable to
Time Running Out for Trapped South African Gold Mine Workers
February 12, 2016
Time is running out to save the three mine workers trapped in a South African gold mine since Friday, the mining union’s president has warned. Joseph Mathunjwa spent the night underground with the rescue team. The three were working above
Western Australia Mines Minister Bill Marmion to Visit Toro Energy’s Wiluna Uranium Project
February 12, 2016
Today the Western Australian Mines and Petroleum Minister, Hon. Bill Marmion, will visit Toro Energy’s 100 percent owned Wiluna Uranium Project. He will be accompanied by the Director General of the Department of Mines and Petroleum, Richard Sellers. The Wiluna
Valmet to Supply a Flue Gas Desulphurization at CIECH Soda Polska Coal-fired Power Plant, Poland
February 12, 2016
Finland’s Valmet has signed a contract with CIECH Soda Polska for the supply of a flue gas desulphurization plant (FGD) to Soda Polska’s Janikowo combined heat and power (CHP) plant in Poland. This is the second order of a FGD
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