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Great Panther Silver Advances Coricancha Project, Peru
December 7, 2018
Great Panther Silver has released an update on the progress of the trial stope and bulk sample program (BSP) at its 100 percent owned Coricancha gold-silver-lead-zinc-copper underground mine in Peru. The BSP will process about 6,000 tonnes of material and
Pan American Silver and Tahoe Resources Merge to Create World’s Premier Silver Mining Company
December 7, 2018
Pan American Silver Corp. and Tahoe Resources Inc. have entered into a definitive agreement for Pan American to acquire all of the outstanding shares of Tahoe pursuant to a plan of arrangement, creating the world’s premier silver mining company. Shareholders
Vale to Invest $500 Million in New Caledonia Nickel Mine
December 6, 2018
Brazilian miner Vale SA, the world’s top nickel producer, plans to invest USD 500 million in its struggling New Caledonia nickel mine on its own after previously vowing to find a partner for the venture. Vale’s decision to invest in
Sumitomo to Acquire Stake in Teck’s Quebrada Blanca Copper Mine for $1.2 Billion, Chile
December 6, 2018
Teck Resources has agreed to sell a stake of 30 percent in the Quebrada Blanca Copper Mine (QB Copper Mine) in the Tarapacá Region in Chile to Sumitomo and its subsidiary Sumitomo Metal Mining (SMM) in a $1.2bn deal. The
Image Resources Ramps Up Production at Boonanarring Mineral Sands Project, Australia
December 6, 2018
Image Resources has announced the completion of wet commissioning and commencement of the production ramp-up period at its Boonanarring mineral sands project located 80km north of Perth in the infrastructure-rich North Perth Basin in Western Australia. Wet commissioning of the
Rio Tinto Makes First Bauxite Shipment from $1.9 Billion Amrun Mine, Australia
December 6, 2018
Rio Tinto said that the first shipment from its A$2.6bn ($1.9bn) Amrun bauxite project in Australia has been dispatched, which is headed towards the company-owned Yarwun alumina refinery in Gladstone, Queensland. According to the mining giant, the first shipment from
Nexa Resources Approves Construction of Aripuana Mine and Processing Facility, Brazil
December 5, 2018
Nexa Resources S.A. has approved the start-up of construction of the Aripuanã project, an underground polymetallic mine and concentrate processing facility in the state of Mato Grosso, Brazil. The company has also filed the technical report for the Aripuanã project
Australia’s Aurizon Reopens Blackwater Coal Rail System
December 4, 2018
Australian rail operator Aurizon has reopened the Blackwater coal rail system in the state of Queensland after fires forced its closure earlier in the week, a spokesman for the company said Friday. It had reopened on Thursday but then a
Poland’s President Duda Defends Country’s Use of Coal
December 4, 2018
Poland’s President Andrzej Duda has defended the country’s reliance on its coal, arguing that it does not conflict with the need to combat climate change. Speaking at the opening of a U.N. climate conference, Duda said that Poland has cut
Coal Still King in Global Power Production
December 4, 2018
Despite efforts to tackle global warming, worldwide demand for coal was up one percent last year, mainly due to demand in Asia. China is by far the biggest consumer of coal which is mainly used to produce electricity. However even
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