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

Rio Tinto and Partners to Invest $1.6 Billion Towards Two Australian Iron Ore Projects

October 4, 2018

Mining giant Rio Tinto and its partners Mitsui and Nippon Steel & Sumitomo Metal have sanctioned a $1.55bn investment to maintain production capacity at two Australian iron ore projects in the Pilbara region. The two iron ore projects marked for

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Valmet to Supply Automation Coal Washing System at SUEK’s Mine, Russia

October 4, 2018

Valmet has secured a contract to deliver an automation system for coal washing to SUEK’s Tugnuisky open-pit mine in Eastern Siberia, Russia. SUEK is currently constructing a new fine-size coal washing module and modernizing its existing coal washing module. The

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Trevali Mining Temporarily Halts Operations at Santander Mine Amid Illegal Blockade, Peru

October 2, 2018

Trevali Mining announced that operations at the Santander Mine in Peru have been temporarily halted as a result of an illegal blockade. Main road access was temporarily blocked by a small group of community members and other persons not affiliated

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German Energy Secretary Backs Forest Clearance to Build Coal Mine

October 2, 2018

Controversial plans to chop down a German forest to build a vast coal mine should proceed because Germany needs the polluting fuel to keep the lights on, according to the chief of the country’s state secretary for energy. Dozens of

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MC Mining Reports First Revenue from Coal Sales from Uitkomst Colliery, South Africa

October 2, 2018

MC Mining Ltd reported first revenue from coal sales from the Uitkomst colliery, though a major impairment knocked profit significantly. Uitkomst, in Kwa-Zulu Natal province, produced 607,960 tonnes of raw coal during the 12 months to June, selling 475,089 tonnes

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Tawana Resources Secures $40 Million for Bald Hill Lithium Merger, Australia

October 1, 2018

Tawana Resources secured crucial funding that is expected to cement its future as an Australian-listed company following a proposed merger with Singapore’s Alliance Mineral Assets. The USD 40 million funding package will be provided by a consortium of lenders led

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China Restricts Coal Imports to Boost Local Miners

October 1, 2018

China has introduced unofficial restrictions on coal imports in a bid to prop up domestic prices by slowing down customs approvals at key ports, in a move that threatens to disrupt a year of stronger-than-expected Chinese demand for Australian thermal

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Sheffield Resources Secures Mining Lease for Thunderbird Mineral Sands Project, Australia

September 27, 2018

Sheffield Resources announced that Western Australia’s Department of Mines, Industry, Regulation and Safety has granted the Mining Lease for the Thunderbird Mineral Sands Project (Thunderbird) in northern Western Australia. Sheffield Resources Managing Director, Bruce McFadzean, said that the granting of

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Barrick Gold and Shandong Gold Sign $300 Million Cross Investment Agreement

September 27, 2018

Barrick Gold has entered into a $300 million mutual investment agreement with China’s mining company Shandong Gold Group. The transaction is aimed at further strengthening Barrick’s partnership with one of China’s leading mining companies. Under the Agreement, Shandong Gold will

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Peabody Statement on North Goonyella Mine Gas Levels, Queensland

September 26, 2018

Gas levels at Peabody’s North Goonyella Mine in Queensland have been variable and remain elevated, with employees and other personnel remaining above ground. Safety is Peabody’s number one priority, and our focus has been on conducting a methodical approach to

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