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

Four Fatalities at Indonesia Gold Mine Collapse, Rescuers Searching for Dozens More

February 28, 2019

Indonesian rescuers are racing against time to save dozens of people buried alive after a landslide at an illegal gold mine, which has already claimed the lives of at least four people. The deaths were confirmed by Indonesia’s disaster agency.

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Evolution Mining Acquires Stake in Tribune Resources for $29.5 Million

February 26, 2019

Evolution Mining has acquired a 19.9 percent stake in Tribune Resources for a cash consideration of A$41.3 million ($29.5 million). Tribune’s major asset is the company’s interest in the East Kundana mining operation which is a joint venture between Northern

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Brazil Regulator Suspends Operations at Vale’s Fabrica and Vargem Grande Mine Complexes

February 26, 2019

Brazil’s mining regulator has ordered Vale SA to suspend activity at its Fabrica and Vargem Grande complexes, the iron ore miner said late on Wednesday, as authorities crack down after last month’s fatal dam break. In a statement, Vale said

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Acid Truck Spill Near Glencore’s Mutanda Mine Kills 20, Congo

February 26, 2019

A truck transporting acid to a mine owned by Glencore in the Congo has killed around 20 people after colliding with two minivans. The truck carrying sulphuric acid crashed with the vehicles around 31 miles from the Mutanda copper and

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Judge Rejects Challenge to Dalradian’s Gold Mine, Ireland

February 26, 2019

A judge has rejected a challenge to proposals to build a gold mine in the Sperrin Mountains. Canadian firm Dalradian has applied for permission to develop the mine near Greencastle in County Tyrone. But the development was opposed by some

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Barrick and Tanzanian Gov’t Reach Deal for Commercial Terms for Acacia Mining’s Operations

February 26, 2019

Barrick Gold and the Government of Tanzania have arrived at a proposal that sets forth the commercial terms to resolve outstanding disputes concerning Acacia Mining’s operations in Tanzania. The company will present this proposal to the Independent Directors of Acacia

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Black Iron Signs MOU with Glencore for Funding Shymanivske Iron Ore Project, Ukraine

February 25, 2019

Black Iron has signed a memorandum of understanding (MOU) with a subsidiary of Glencore to finance the construction of the Shymanivske iron ore project. The Shymanivske Project is located at Kryvyi Rih city in Ukraine, a highly developed iron ore

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Anglo American Suspends Production at Moranbah North Met Coal Mine, Australia

February 25, 2019

Operations at Anglo American’s Moranbah North coking coal mine in Queensland, Australia has been suspended until further notice, the company said in a statement Thursday. The suspension was due to an incident that occurred at the mine on Wednesday, which

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Barrick Confirms Commitment to Chile as It Reviews Its Latin American Strategy

February 22, 2019

Barrick Gold Corporation is reviewing a range of new exploration opportunities and re-evaluating its existing operations and projects in Chile, the company’s new president and chief executive officer Mark Bristow said. Speaking after a meeting with Minister of Mining Baldo

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FLSmidth Acquires IMP Automation Group

February 22, 2019

The market for automated laboratories is growing due to a combination of high exploration activity and an increased focus on productivity, automation and digitalization. IMP Automation Group is the global leader in automated laboratory solutions for the mining industry and

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