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Ramelius to Acquire Black Oak Minerals’ Marda Gold Project, Western Australia
November 5, 2018
Ramelius Resources has announced that the Deed of Company Arrangement (DOCA) put forward by Ramelius to acquire Black Oak Minerals (BOK) has been approved at a meeting of BOK creditors. This approval now enables Ramelius to apply to the Federal
Rescuers Recover Last of 21 Miners from East China Coal Mine Collapse
November 5, 2018
Searchers have recovered the bodies of all 21 miners who died in an eastern China coal mine collapse, state media said. The official Xinhua News Agency reported the last body was pulled from the mine Monday afternoon. More than 300
Peabody Releases Update on North Goonyella Coal Mine, Queensland
November 2, 2018
Peabody released another periodic update on progress to contain impacts of the previously reported fire at the North Goonyella Mine in Queensland. “We cannot thank the team enough at North Goonyella, where we are utilizing a number of employees at
Graphex Mining Secures Funding to Advance Chilalo Graphite Project, Tanzania
November 1, 2018
Graphex Mining Ltd has entered into a US$5-million loan note subscription agreement with global private investment firm Castlelake LP to fully fund the Chilalo Graphite Project through to production. Graphex also signed a term sheet setting out proposed terms under
Black Rock Mining Signs Graphite Offtake Agreement from Its Mahenge Mine, Tanzania
November 1, 2018
Black Rock Mining Ltd has signed its second offtake agreement for natural flake graphite from its proposed Mahenge Graphite Mine in Tanzania. The agreement is with China-based Qingdao Fujin Graphite Company Limited to supply 15,000 tonnes per year for up
Adani Scales Back Plans for Carmichael Coal Mine, Queensland
November 1, 2018
Indian mining giant Adani has scaled back its plans for a massive coal mine in Queensland as it tries to stitch up funding for the project. The original $16.5 billion Carmichael coal mine planned to export 60 million tonnes of
Gemfields Uncovers £2 Million Emerald at Its Kagem Mine, Zambia
November 1, 2018
A large emerald weighing 1.1kg (2.5lbs) and worth an estimated £2m has been found in a mine in Zambia. The 5,655-carat gem was named “Inkalamu”, by mining company Gemfields, which found it at Kagem, the world’s largest emerald mine earlier
Aura Minerals Suspends Operations at Its San Andres Mine, Honduras
October 31, 2018
Aura Minerals Inc. has suspended operations at its San Andres mine in Honduras. The illegal occupation of the mine that was first reported on July 13, 2018 has not been resolved and this is now preventing mining operations to continue.
Death Toll Rises to at Least 19 in China Mine Disaster
October 30, 2018
The death toll from a coal mine collapse in eastern China has spiked to at least 19 after the bodies of six additional miners were found, state media reported Monday. Rescuers found one body on Sunday morning and five additional
Lucapa Secures Financing from South Africa’s IDC for Lesotho Mine
October 30, 2018
Lucapa Diamond Company has secured a ZAR100 million (US$7 million) development facility from the Industrial Development Corporation of South Africa (IDC) for the high-quality Mothae kimberlite diamond mine in Lesotho. The financing agreement with IDC, which is one of the
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