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

Mineros to Acquire Yamana Gold’s Gualcamayo Mine, Argentina

November 28, 2018

Yamana Gold has entered into a definitive purchase agreement to sell 100 percent of its interest in the Gualcamayo mine located in San Juan Province, Argentina to Mineros S.A. Separately, the company has agreed to grant Mineros an option to

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Dongfang Electric Set to Build World’s Biggest Clean-Coal Plant in Egypt

November 27, 2018

Egypt is set to build the world’s largest clean-coal plant. A Chinese conglomerate beat the US General Electric and a Japanese firm for a $4.4bn project at Hamrawein that will generate close to seven gigawatts of power or 40 percent

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Queensland Gives Approval for MacMines AustAsia’s $4.84 Billion China Stone Coal Mine

November 27, 2018

A new nearly $7 billion mega-mine in Queensland’s Galilee Basin is a step closer after gaining approval from the state’s coordinator-general, who released has an evaluation of the environmental impact statement (EIS), but conservationists say the decision is “reckless”. MacMines

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Katoro Gold Acquires Kibo Mining’s Haneti Nickel Project, Tanzania

November 27, 2018

Kibo Mining said on Monday that it had completed the sale of Kibo Nickel to Katoro Gold in an all share transaction following receipt of relevant regulatory approvals. In June, multi-asset Africa-focused energy and resource company Kibo announced that it

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Optimum Coal Mine Workers Protest Over Unpaid Wages, South Africa

November 27, 2018

A group of employees are protesting outside Optimum Coal Mine in Mpumalanga on Monday morning over unpaid wages. The mine has failed to pay workers for several months since it was placed under business rescue earlier this year. Optimum has

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Albemarle to Acquire 50% Stake in Mineral Resources’ Wodgina Lithium Mine for $115 Billion

November 26, 2018

Albemarle is all set to acquire a stake of 50 percent in the Wodgina lithium mine in the Pilbara region of Western Australia from Mineral Resources (MRL) for $1.15bn, to create a joint venture. In this regard, the US specialty

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Alufer Mining Delivers First Bauxite Shipment to China

November 26, 2018

Alufer Mining has announced that its first Capesize shipment of bauxite totalling 203,009 metric tonnes has arrived in Qingdao port in China. It will be delivered to Chalco Shandong part of Chalco Group: a major State Owed Enterprise and China’s

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Three Fatalities from Poisonous Gas at Coal Mine in Balochistan’s Dukki District, Pakistan

November 26, 2018

At least three coal miners died on Sunday and two others were left unconscious as result of exposure to a poisonous gas inside a coal mine in Balochistan’s Dukki district. The incident occurred in the coal-rich Chamalang area of Dukki

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Katanga Mining Temporarily Suspends Cobalt Sales at Its Kamoto Project, DRC

November 21, 2018

Katanga Mining Limited said its 75 percent owned operating subsidiary, Kamoto Copper Company SA (KCC), will temporarily suspend the export and sale of cobalt at its Kamoto Project in the Democratic Republic of the Congo until further notice. The presence

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Newcrest Set to Bring Proximity Detection Online at Lihir Mine, Papua New Guinea

November 20, 2018

Gold miner Newcrest Mining is set to go live with an Australian-developed proximity detection system it has been installing at its Lihir mine in Papua New Guinea since the end of last year. The system — which is designed to

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