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Cokal Mulls Future Options for Indonesian Coal Mine
January 19, 2016
Indonesian coal project developer Cokal is running three separate negotiations that could see the company with a renewed takeover bid, merged with an ASX listed company or a key subsidiary listed on a Chinese stock exchange. Cokal has interests in
SEMAFO Increases Security at Mana Mine After Terrorists Attack, Burkina Faso
January 19, 2016
SEMAFO Inc. has increased security at Mana Mine after a terrorist attack in Burkina Faso. The company reports that its employees are safe and were not involved in the terrorist attack on the Splendid Hotel in downtown Ouagadougou, Burkina Faso
Equitas Resources to Acquire Alta Floresta Gold and Its Brazil Assets
January 18, 2016
Equitas Resources Corp. has entered into a binding letter agreement dated effective January 6, 2016 to acquire all of the issued and outstanding securities of Alta Floresta Gold Ltd. Alta Floresta Gold is a private British Columbia company which holds
Kibo Mining Issued New Licenses Next to Its Rukwa Coal Deposit, Tanzania
January 15, 2016
Kibo Mining has been issued with three new licenses in Tanzania next to its Rukwa coal deposit. Rukwa is the fuel source for a proposed 350 megawatt (Mw) thermal power station development at Mbeya and the three new licenses are
Coal India to Undergo Major Technology Upgrades on Lines of U.S., Australia
January 15, 2016
Coal India Ltd is preparing for a major technological upgradation on the lines of global mining practices followed in countries like the US and Australia that will include GPS tracking of vehicles to check coal plunder and having a ICT-complaint
Two Fatalities in Underground Landslide at Coal Mine in Balochistan’s Dukki Area, Pakistan
January 15, 2016
Two coal miners were killed and one other injured as a result of a landslide incident inside a coal mine in Balochistan’s resource-rich Dukki area on Tuesday evening. Levies sources said the miners were working thousands of feet deep inside
Scandinavia-focused Beowulf Mining to Acquire Oy Fennoscandian Resources
January 13, 2016
Scandinavia-focused Beowulf Mining has jumped into the new year and the graphite space — with the acquisition of a private firm, with four early stage projects in Finland. The firm will buy Oy Fennoscandian Resources AB in paper with an
Chinalco’s Latest Chinese Mine in Peru Offers New Living Standards for Residents
January 13, 2016
Peru’s minerals have long been the backbone of the country’s economy and trade relations with China, but Chinese investments have sometimes seen mixed reactions from local residents. Some say the latest mine opening, the Toromocho copper mine in Morococha could
Eldorado Gold Suspends Operations at Skouries Mine Following Protests, Greece
January 13, 2016
Canadian mining company Eldorado Gold says it is suspending work at a site in northern Greece and laying off 600 workers following protests by local residents and a spat with the country’s leftwing government. The Vancouver, Canada-based company said Tuesday
Ausenco Hits 2016 Running with $45 Million in Coal Engineering Contracts
January 12, 2016
Diversified engineering, construction and project management company Ausenco has secured new contracts expected to deliver A$45 million in forward revenues. The new awards represent 80 percent of the revenues booked by the company’s APAC/Africa business line in 2015, signalling an
