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Maroon Gold to Undertake Mining Operations at Laneway’s Agate Creek Gold Project, Australia
October 11, 2018
Maroon Gold has agreed to take up mining operations on behalf of Laneway Resources at the latter’s 100 percent owned Agate Creek Gold Project in North Queensland, Australia. As per the mining and processing agreement signed by the parties, Maroon
India’s Iron Ore Imports Increase 190%
October 11, 2018
Iron ore imports into the country zoomed 190 percent to 6.34 million tonnes (mt) during April-August, the first five months of this financial year. Data from the Pellet Manufacturers Association of India (PMAI) show a projection of over 12 mt
Rio Tinto Receives National Recognition for Anti-domestic Violence Initiatives
October 10, 2018
Rio Tinto has been recognized at the 2018 Women in Resources National Awards (WIRNA) for its commitment to gender diversity and breaking the cycle of violence against women. At an awards breakfast at Parliament House in Canberra, Rio Tinto was
Golden Star Resources Secures $125.7 Million to Advance African Gold Sector
October 8, 2018
Golden Star Resources has secured a $125.7m investment from La Mancha, a Luxembourg-based private gold investment company. The relationship secures Golden Star’s platform for growth in Africa, while also strengthening the Company’s balance sheet. HIGHLIGHTS La Mancha has invested approximately
Court Blocks Expansion of RWE’s Coal Mine, Germany
October 8, 2018
A German court blocked the felling of an endangered forest Friday, drawing cheers from environmentalists who had protested against the expansion of a nearby coal mine. The Muenster administrative court issued a temporary halt to the clearing of Hambach Forest,
Centar Signs Exploration Deal in Afghanistan
October 8, 2018
A company founded by a London-based banker signed agreements Friday with the government of Afghanistan to explore for gold and copper in the north of the country. Centar Ltd. said it hopes to begin exploration in two sites next year
Altura Mining Commences Lithium Concentrate Shipment to China
October 8, 2018
Altura Mining has commenced loading of the maiden cargo of spodumene concentrate from Port Hedland. The cargo loading is estimated to be completed in less than 20 hours with additional third-party cargoes to be loaded onto the vessel prior to
Teranga to Acquire Boss Resources’ Stake in Golden Hill and Gourma Projects for $7.5 Million
October 4, 2018
Boss Resources has signed an agreement to sell its interest in the Golden Hill and Gourma Projects in Burkina Faso, West Africa, to its joint venture partner Teranga Gold (Australia). The consideration for the transaction is A$10m ($7.5m) in cash.
Rio Tinto and Partners to Invest $1.6 Billion Towards Two Australian Iron Ore Projects
October 4, 2018
Mining giant Rio Tinto and its partners Mitsui and Nippon Steel & Sumitomo Metal have sanctioned a $1.55bn investment to maintain production capacity at two Australian iron ore projects in the Pilbara region. The two iron ore projects marked for
Valmet to Supply Automation Coal Washing System at SUEK’s Mine, Russia
October 4, 2018
Valmet has secured a contract to deliver an automation system for coal washing to SUEK’s Tugnuisky open-pit mine in Eastern Siberia, Russia. SUEK is currently constructing a new fine-size coal washing module and modernizing its existing coal washing module. The
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