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

Dacian Gold Declares Commercial Production at Mt Morgans Mine, Western Australia

January 14, 2019

Dacian Gold announced that it has declared Commercial Production at its 100 percent‐owned Mt Morgans Gold Operation (MMGO) near Laverton in Western Australia. The declaration, which was made on January 1, 2019, followed combined mining rates across the operation achieving

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India Forecasts Drop in Copper Concentrate Exports from Grasberg Mine

January 14, 2019

Indonesia’s shipment of copper ores from Grasberg mine, the world’s second largest copper mine, will drop significantly this year due to lagging of production for shifting of operation to underground from open pit mining, a senior official said on Wednesday.

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Freeport-McMoRan Completes Mining Rights Transaction with Government of Indonesia

January 11, 2019

Freeport-McMoRan Inc. (FCX) has completed its transaction with the Indonesian government regarding PT Freeport Indonesia’s (PT-FI) long-term mining rights and share ownership. FCX expects its share of future cash flows of the expanded PT-FI asset base, combined with the cash

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China Molybdenum, Sumitomo Receive Final Approval for New Block Cave Mine at Northparkes Mines

January 10, 2019

China Molybdenum Company and Sumitomo have announced the final approval of a new block cave mine at Northparkes Mines near Parkes. The investment will be more than $200 million over a three-and-half-year period, with construction scheduled to commence this month

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Newmont Declares Commercial Production at Subika Underground Mine, Ghana

January 9, 2019

Newmont has achieved commercial production at the Subika Underground project, adding higher-grade, lower-cost gold production at the Ahafo mine in Ghana. Subika Underground represents Newmont’s third profitable expansion in 2018 and its tenth completed project since 2013. Subika Underground was

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Mayur Resources Secures $25M to Advance Orokolo Bay Industrial Mineral Sands Project

January 8, 2019

Mayur Resources has announce that’s its 100 percent owned subsidiary MR Iron PNG (MIPP) has signed a term sheet with China Titanium Resources Holdings (CTRH) for Orokolo Bay Industrial Mineral Sands project in Gulf Province. The Pilot scale bulk sampling

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Mach Energy Commences Coal Production at Mount Pleasant Mine, NSW

January 8, 2019

Australia’s largest rail operator Aurizon delivered the first coal from Mach Energy’s new Mount Pleasant mine this week to AGL’s Antiene facility, which will help power homes in NSW this holiday season. Group executive of Aurizon’s coal business Ed McKeiver

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ECR Minerals Submits Gold Exploration License Applications, Western Australia

January 8, 2019

ECR Minerals PLC said it has submitted nine new exploration license applications covering 1,600 square kilometers of potentially gold-rich land in the Yilgarn region of Western Australia. Collectively, the licenses will be called the Windidda gold project and will, when

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PotashCorp Suit Begins Over Construction Problems at Picadilly Mine, England

January 8, 2019

More than 40 file boxes of documents were stacked in a Saint John courtroom as 10 lawyers representing three companies settled in Monday for the opening of what is expected to be an eight-week trial over construction practices at the

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Pilbara Minerals Unveils Funding Package for Pilgangoora Project Stage 2, Australia

January 7, 2019

Pilbara Minerals has unveiled a funding package to support the stage 2 expansion of its 100 percent-owned Pilgangoora project in Australia. The Pilgangoora project is a lithium-tantalum development located in the Pilbara region in Western Australia. The company said that

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