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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
NGEx Resources Completes PEA for Los Helados and Josemaria Projects, Chile and Argentina
January 12, 2016
NGEx Resources Inc. has completed a preliminary economic assessment (PEA) of two of the company’s large copper/gold/silver deposits, Los Helados and Josemaría, together as one project. The integrated project will be called Project Constellation, and the results indicate positive economics
Chilean Supreme Court Rules Against Metminco in Mollacas Dispute
January 12, 2016
Metminco has been dealt a further blow in its dispute over mining access for the Mollacas copper project in Chile. The company this morning told investors that the Chilean Supreme Court has upheld a prior ruling by the Court of
Kibo Mining Nears Coal Power Purchase Agreement for Mbeya Project, Tanzania
January 12, 2016
Kibo Mining says it has made good progress in discussions with Tanzania’s state power group over a deal for electricity generated from the Mbeya coal-fired power project. “We have every reason to believe that we will be able to conclude
Athena Resources to Sell Byro Iron Ore Project for A$20 Million, Australia
January 12, 2016
Athena Resources will punt the Byro iron ore project that is located 310 kilometers from the Port of Geraldton to a Hong Kong based company. A binding term sheet has been signed with Brilliant Glory Industrial Corporation to acquire the
PT Freeport Indonesia’s Underground Operation Adds Fleet of Immersive Technologies Simulators
January 11, 2016
PT Freeport Indonesia’s underground operation has added an additional fleet of simulators from leading simulator provider Immersive Technologies to develop and improve operator skills and safety at site. As a longtime customer, Freeport has seen a range of production improvements
