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

Rio Tinto to Invest $2.6 Billion to Develop Koodaideri Iron Ore Mine, Australia

December 3, 2018

Rio Tinto has approved an investment of A$3.5bn ($2.6bn) in the Koodaideri iron ore mine in the Pilbara region in Western Australia. Located about 110km from Newman, the Koodaideri iron ore mine with an estimated annual capacity of 43 million

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Adani to Self Finance Development of Carmichael Coal Mine, Queensland

December 3, 2018

Mining giant Adani will fund the entire cost of its controversial Queensland coal mine project by itself and says major works are imminent. The project has struggled to attract financial backers, but now Adani Mining Chief Executive Lucas Dow says

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Banks Mining Wins Challenge to Government Rejection of New Coal Mine, England

December 3, 2018

Reuters reported that Britain’s Banks Mining has won a high court challenge to the government’s decision to reject its application to develop a new coal mine in northeastern England. Northumberland County Council agreed last year that the mine’s developer, Banks

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Powerscreen Dealer Hosts Customer Experience in Northern Ireland

December 3, 2018

Powerscreen has had a long and very successful history in Norway. Many of the very first Powerscreen machines exported from Northern Ireland went to Scandinavia and many of these customers have continued to buy Powerscreen machines since. Official Powerscreen dealer

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Guatemalan Constitutional Court Resolution Provides Path Forward for Tahoe’s Escobal Mine Restart

November 30, 2018

Tahoe Resources Inc. released additional information regarding the company’s understanding of the Guatemalan Constitutional Court’s final resolution related to the Escobal mining license for its Escobal Mine. “While we are disappointed that the Constitutional Court has made the decision to

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Strata-X Energy Secures Environment Approval for Serowe CSG Project, Botswana

November 29, 2018

Strata-X Energy announced that it has received final approval of its Environmental Management Plan (EMP) covering the company’s original permits over 273,000 acres. With the approval of the EMP, the Company can now move forward with its 2019 2-well drilling

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TNG Set to Begin Construction Next Year on Its $3.6 Billion Mount Peake Mine, Australia

November 29, 2018

A 5-billion-Australian dollar (3.61 billion U.S. dollar) strategic metals mine in Australia’s Northern Territory (NT) looks set to go ahead with construction in 2019. The Mount Peake mine has been given the Major Project status by the NT government after

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Byrnecut Secures Underground Mining Contract for Sanbrado Gold Project, Africa

November 29, 2018

West African Resources has awarded an underground mining contract for the Sanbrado Gold Project (Sanbrado), to Byrnecut Burkina Faso (Byrnecut). Highlights •  Underground mining contract for M1 South awarded to Byrnecut •  Contract amount to be US$110M over five years

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Eurasian Resources Secures Power Supply for Its Frontier Copper Mine, DRC

November 29, 2018

Eurasian Resources Group (ERG) has concluded power supply arrangements for its copper operation at Frontier Mine in the Democratic Republic of the Congo (DRC). The contract was signed by the Société Nationale d’Électricité (“SNEL”), the national electricity company of the

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Newmont Begins Gold Production at Subika Underground Project, Ghana

November 29, 2018

Newmont Mining has started commercial production from the Subika Underground project, a new gold mine developed with an investment of around $186m at the Ahafo operations in Ghana. The Subika Underground project has been taken up by the US-based mining

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