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

Savannah Resources Awarded Mining Permits for Copper Deposits, Oman

August 13, 2019

Savannah Resoources is to be awarded mining licenses over the Mahab 4 and Maqail South high-grade copper deposits near the Port of Sohar in Oman. The junior is a 65 percent shareholder in Omani company Al Fairuz Mining, which holds

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Group of 200 Women in Kimberley Register for Diamond Mining Cooperative, Northern Cape

August 13, 2019

A group of 200 women who have registered a small-scale mining cooperative are looking forward to making a name for themselves. The women, who worked as illegal miners in Kimberley in Northern Cape for six years mining diamonds, were granted

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Minergy’s Masama Coal Mine Produces First Saleable Coal, Botswana

August 12, 2019

Botswana’s privately owned coal mine has produced its first saleable coal that has been exported to South Africa and Namibia, the chief executive of the company that owns the mine said on Wednesday. The Masama Coal Mine has extracted roughly

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Irving Resources Receives Mining Permit for Omu Gold-Silver Project, Japan

August 9, 2019

Irving Resources Inc. has received approval from the Ministry of Economy, Trade and Industry (METI) for its Omui Mine Plan covering mining and exploration related activities at its Omui mining license. Omui is part of Irving’s 100 percent controlled Omu

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Indonesian Coal Mining Sector in Limbo Amid Regulation Uncertainties

August 8, 2019

The fate of seven major Indonesian thermal coal producers is hanging in the balance amid government regulation uncertainties after a mining contract for one of the miners was revoked, stoking fears of a similar rejection for other contracts coming up

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Vale Posts Second Consecutive Quarterly Loss Following Brumadinho Dam Disaster in Brazil

August 6, 2019

The disaster at the Córrego do Feijão iron ore mine in southeastern Brazil has left Vale reeling from its second 2019 quarterly loss in a row. Brazilian mining conglomerate Vale has recorded a second consecutive quarterly loss in 2019, seven

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Protest Begins Against Southern Copper’s Tia Maria Copper Mine, Peru

August 6, 2019

Protesters blocked a portion of Peru’s main coastal highway on Monday in the start of a new challenge to a billion-dollar copper mining project that has been a lightning rod for conflict. Protesters from the area bordering Southern Copper Corp’s

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Asiamet Resources Receives Environmental Permit for BKM Copper Project, Indonesia

August 5, 2019

Asiamet Resources Ltd on Wednesday received a key permit for its BKM copper project in Indonesia. The AIM-listed miner said the environmental permit, issued by the provincial government of Central Kalimantan, will allow it to proceed with the development of

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Odisha to Resume Auctions of Mineral Blocks After One-Year Delay

August 5, 2019

After a one-year delay, the Odisha government is preparing to auction eight mineral blocks — a mix of six virgin blocks and two merchant mines that will see their leases lapsing by March 31, 2020. The auctions are scheduled for

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Kinross Gold to Acquire Chulbatkan Gold Project for $283 Million, Russia

August 1, 2019

The Chulbatkan gold project is said to be a high-quality, heap leach development project with considerable upside potential and low relative execution risk. Canadian gold miner Kinross Gold has agreed to acquire the Chulbatkan gold project in the Khabarovsk Krai

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