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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
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
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
