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TVEL Fuel and Hermith Establish a Joint Venture for Titanium Production
June 11, 2019
During the St. Petersburg International Economic Forum, TVEL Fuel Company of ROSATOM and Hermith, a major European titanium supplier, have concluded an agreement aimed at establishing a joint venture for production of titanium alloys. The document has been signed by
Analysis in Norway Reveals Extensive Seabed Minerals
June 11, 2019
The Norwegian Petroleum Directorate’s chemical analyses of sulphides and manganese crusts from the Norwegian shelf reveal that the sulphides contain a high content of copper, zinc and cobalt. The sulphis contains mostly contain iron, but also have a relatively high
India’s Coal Future Hinges on Advanced Ultra-supercritical Breakthroughs
June 10, 2019
India is striving to conserve coal and slash its carbon emissions. The country which depended on coal for 56 percent of its total capacity of 356 GW as of May 2019, wants to reduce coal’s share to 45 percent of
Perseus Mining to Commence Development of Yaouré Gold Mine, Côte D’ivoire
June 7, 2019
Perseus Mining’s board of directors has formally approved construction of the company’s third gold mine, the Yaouré Gold Mine in Côte d’Ivoire. With a forecast capital cost of US$265 million, Yaouré is expected to become a large scale, low-cost gold
Lundin Mining to Acquire Yamana Gold’s Chapada Copper Mine for $800 Million, Brazil
June 7, 2019
Lundin Mining Corporation has entered into a definitive purchase agreement with Yamana Gold to purchase its 100 percent ownership stake in Mineração Maracá Indústria e Comércio S/A, which owns the Chapada copper-gold mine located in Brazil, for cash consideration of
Teck Signs $2.5 Billion Financing Agreement for QB2 Copper Project, Chile
June 6, 2019
Canadian metals and mining company Teck Resources has signed a $2.5 billion resource financing agreement to fund the development of its Quebrada Blanca Phase 2 (QB2) copper project in Chile. Claimed to be one of the world’s largest undeveloped copper
OceanaGold Seeks Mining Permit for New Coromandel Operation, New Zealand
June 6, 2019
OceanaGold has sought a mining permit over its Wharekirauponga discovery in the Coromandel Forest Park. The deposit lies in the northern part of the 3,762 square-kilometer Hauraki exploration permit the company and its predecessors have worked since 2003. It is
New Species of Dinosaur Discovered at Opal Mine in Australia
June 6, 2019
A hunt for precious gemstones revealed the first fossil evidence of a dinosaur herd, including a previously undiscovered dinosaur species, in Australia. The new dinosaur fossil was found in an opal mine and has turned into the gem itself, making
Adani Wins One of Last Two Permits Needed to Begin Work on Carmichael Mine, Australia
June 4, 2019
The Australian state of Queensland on Friday approved Adani Enterprise’s management plan for an endangered bird at the site for a controversial coal mine, leaving only one more permit before construction can start on the project. India’s Adani has been
AngloGold Ashanti Selects Veolia for Water Treatment at Obuasi Gold Mine, Ghana
June 4, 2019
Veolia Ghana Limited will be responsible for operating and maintaining all the water treatment plants for the Obuasi open-cut and underground mines in Ghana. Under this three-year contract, Veolia will provide all its operational expertise for the mining industry. No
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