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NEWS Click on text to read news by category: General | Product | People | Worldwide

TerraSource Global Expands in Russia with New Warehousing Facility and Field Service Hub

January 25, 2016

TerraSource Global has added a new warehousing facility and field service hub in the Ural region of Russia. The move aligns with the company’s plan to enhance sales and service processes across its global footprint to stay ahead of customers’

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Hollysys to Provide Distributed Control System for Coal-Fire Power Generating Units, China

January 25, 2016

Hollysys Automation Technologies, Ltd. has signed a contract to provide its proprietary Distributed Control System (DCS) for 2x1052MW ultra-supercritical coal-fire power generating units to Shenhua Jiujiang Power Plant. The units are expected to go into operation at beginning of the

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Rum Jungle Resources Finds Deep Phosphate as Start-up Plan Sharpens, Australia

January 22, 2016

Rum Jungle Resources’ latest drilling program at its phosphate properties in the Northern Territory has made significant strides in advancing a plan to establish at small, a small-scale, low-capital and limited environmental footprint sulphate of potash (SOP) operation by mid-2016.

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Boss Resources to Advance Newly Acquired Honeymoon Uranium Project, South Australia

January 22, 2016

Boss Resources is moving ahead on its recently acquired Honeymoon Uranium Project in South Australia after appointing Grant Davey to the board as an executive director. The company’s securities are in a trading halt pending a resource upgrade for the

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Batchfire Resources to Acquire Anglo American’s Callide Thermal Coal Mine, Queensland

January 21, 2016

Anglo American plc has entered into a share sale agreement with Batchfire Resources Pty Ltd to sell its 100 percent interest in the Callide thermal coal mine in Queensland, Australia. Callide consists of an open pit thermal coal mine and

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Russian Supreme Court Denies Stans Energy’s Appeal

January 20, 2016

The Supreme Court of the Russian Federation has declined to hear Stans Energy Corp.’s appeal regarding the annulment of the ruling of the Moscow City Arbitrazh Court dated May 25, 2015 and the decision of the Moscow Regional Arbitrazh Court

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Antioquia Authorities Evict Illegal Miners from Continental Gold’s Veta Sur Operations

January 20, 2016

National and regional police authorities in Buriticá, Antioquia launched a significant operation to evict illegal miners from unsafe areas near Continental Gold Inc.‘s Veta Sur operations in the Buriticá town during the weekend. The National Mining Agency has ordered local

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Nautilus to Wet Test Seafloor Production Equipment at Duqm Port in Oman

January 20, 2016

Nautilus Minerals Inc. has signed agreements with United Engineering Services LLC (UES) to provide support services associated with wet testing the company’s Seafloor Production Equipment and storing the equipment as it is delivered from various suppliers prior to integration onto

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Atlas Copco Makes Provision Following European Commission’s Decision on Belgium’s Tax Rulings

January 19, 2016

Following the European Commission decision that Belgian tax rulings granted to multinationals with regard to “Excess Profit” shall be considered as illegal state aid and that unpaid taxes should be returned to the Belgian state, Atlas Copco plans to include

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Public Hearing Set for Amarillo Gold’s Environmental Permit for Posse Project, Brazil

January 19, 2016

A public hearing has been set for February 23, 2016, for Amarillo Gold Corp.‘s environmental permit for the Posse Project. This is the final stage of the process to obtain the preliminary license for the new mine. The date was

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