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

Bhel to Build Supercritical Coal Power Project in Maharashtra, India

January 23, 2018

India-based Bharat Heavy Electricals (Bhel) has been awarded engineering, procurement and construction (EPC) contract for a 660MW coal-based thermal power project in the state of Maharashtra Under the contract, Bhel will build the plant as an expansion project (Unit 6)

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Chile’s State Copper Commission Cochilco Sees Copper Prices Rising on Possible Supply Disruptions

January 23, 2018

Investing News reported that Cochilco, Chile’s state copper commission, has upped its copper price forecast for 2018 to USD 3.06 per pound from its previous USD 2.95 estimate, citing potential global supply disruptions. Cochilco Vice President Mr. Sergio Hernandez pointed

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Australian Miner OZ Minerals Eyes More Copper Output and Exploration Initiatives

January 23, 2018

Adelaide Now reported that South Australian miner OZ Minerals is sitting on enough cash to fund its upgraded copper production and exploration ambitions on the back of strong prices and rising demand. The group finished the quarter with a cash

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Chinese Province of Shanxi to Phase Out Small Coal Mines, Encouraging Mergers

January 23, 2018

The northern Chinese province of Shanxi will phase out collieries with annual production capacity of less than 600,000 metric tons by the end of 2020, local authorities said Monday. The small mines are encouraged to merge, said the provincial government

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Philex Mining Honors Employees at Its Pacdal Mine, Philippines

January 23, 2018

Employees of the Philex Mining Corporation were recognized for their service. Over the weekend, 140 employees of Pacdal Mine Philex Mining Corporation were awarded of a loyal 25 years of service to the company in simple rites at Sitio Padcal,

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China Violates Sanctions By Buying North Korean Coal in December

January 23, 2018

At least six cargo ships linked to China furtively violated U.N. sanctions by taking on North Korean coal late last year, potentially providing a significant boost to the rogue regime’s coffers, the U.S. alleges. The U.N. Security Council in August

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Activists Shut Down Adani’s Abbot Point Coal Terminal, North Queensland

January 22, 2018

Daily Telegraph reported that activists have shut down a key North Queensland port for the second time in a week. Members of the militant Front Line Action on Coal protest movement locked themselves onto coal loading equipment at Adani’s Abbot

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South Korea MBG Group Starts Building Nickel Smelter in Indonesia

January 22, 2018

Kitco reported that South Korea’s MBG Group held a ground breaking on Jan. 2 to build a nickel smelter in North Konawe, Sulawesi. The report quoted Indonesia’s industry ministry as saying that the unlisted company is expected to finish construction

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Nornickel Invests $1.7 Million in Modernization of Kola Mining and Metallurgical Company

January 22, 2018

Tass reported that Norilsk Nickel Company invested 100 million rubles (USD 1.7 million) in modernization of the Kola Mining and Metallurgical Company’s container facility to optimize the products’ uploading there, Kola MMC’s press service said. The company said that “Nornickel’s

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Whitehaven Coal Downgrades Saleable Coal Production Guidance

January 22, 2018

Fin News Network reported that mining company Whitehaven Coal has downgraded its saleable coal production guidance for the year, even though the miner has reported a 10 percent increase in coal sales for the December quarter. A fault impacted coal

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