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

Lucara Completes Positive Feasibility Study for Karowe Underground Mine, Botswana

November 8, 2019

Lucara Diamond Corp. has released the results of a positive underground feasibility study (FS) to expand its 100 percent owned Karowe diamond mine, one of the world’s most prolific producers of large, high value type IIA diamonds, and the only

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Canadian Mining Firm Semafo Convoy Attacked in Burkina Faso, 37 Dead

November 7, 2019

Thirty-seven civilians were killed and more than 60 wounded when gunmen ambushed a convoy transporting workers of Canadian-based gold miner Semafo in eastern Burkina Faso, regional authorities said Wednesday. The mining firm, which is headquartered in Montreal, earlier said the

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Seaborne Thermal Coal Trade to Hit 1 Billion MT in 2019 as New Growth Areas Emerge

November 7, 2019

A tenuous supply and demand balance is expected in the global seaborne thermal coal market in 2020 as trade dynamics shift and new growth areas emerge, speakers at the CoalTrans Conference in Vietnam said Tuesday. Seaborne trade for thermal coal,

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Albemarle and Mineral Resources Ltd. Wrap Up $1.3 Billion JV for Wodgina Lithium Mine, Australia

November 7, 2019

Albemarle and Mineral Resources Limited (MRL) have closed a $1.3 billion deal to create the MARBL Lithium Joint Venture to operate the Wodgina lithium mine in Australia. The 60:40 lithium joint venture between the US specialty chemicals company Albemarle and

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Underground Mining Breaks Records as Barrick’s Kibali Mine Continues to Deliver, DRC

November 6, 2019

The underground operation at Kibali Gold Mine set new mining and shaft production records in the third quarter to keep the Barrick Tier 1 gold mine on track to meet or beat its guidance of 750,000 ounces for the year.

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Russia Finds Market for Its Vast Reserves of Arctic Coal

November 6, 2019

It was not alternative and green power that was discussed when Indian Minister of oil, natural gas, and steel Dharmendra Debendra Pradhan visited Russia last month. The minister was on a four-day tour in the Russian Far East and he

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Russia to Digitalize Africa’s Mining Sector to Boost Production

November 5, 2019

Russian companies have offered African countries solutions based on the internet of things (IoT) and artificial intelligence (AI) to boost mining production. The offers follow the realization that traditional means are becoming increasingly expensive, with productivity falling due to technical

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BHP Group Approves $44 Million for JV Samarco Restart, Brazil

November 4, 2019

Miner BHP Group Ltd said on Friday it has approved $44 million for work related to a restart at Samarco Mineracao, its joint venture with Vale SA in Brazil, which has been closed since a deadly dam collapse four years

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Nigeria’s $250 Million Platinum Mine and Beneficiation Project Takes Shape After Procuring Equipment

November 4, 2019

The multi-million dollar platinum mining and beneficiation project spearheaded by the government and Nigerian businessman Benedict Peters’ Bravura is taking shape following the procurement of exploration equipment, it has been revealed. Bravura is expected to eventually sink more than US$250

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Coal India to Boost Production and Likely Offer 10,000 New Jobs

November 4, 2019

The PSU is currently given the target of producing 660 million tonnes of coal amounting to 82 per cent of the country’s coal output. State-owned Coal India will produce 750 million tonnes of coal in the next financial year and

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