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

Adani Ditches Plans for New Rail Line for Carmichael Coal Mine, Will Use Existing Lines

September 17, 2018

Indian miner Adani has axed plans for a new rail line to get coal out of its controversial Queensland mine, saying it will use existing lines to save money. Adani has ditched plans to build a new rail line to

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Cradle Arc and Indiana Resources to Form JV for Kossanto West Gold Project, Mali

September 17, 2018

UK-based miner Cradle Arc and Australian resources company Indiana Resources have agreed to create a joint venture (JV) for the Kossanto West Gold Project in Mali through their respective subsidiaries Caracal Gold Mali and Mukuyu Resources (Mali). The joint venture

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Two Fatalities at Duki Coal Mine, Pakistan

September 17, 2018

Two miners lost their lives and two others were wounded inside the Duki coal mine on Saturday. The laborers faced the catastrophe after they went deep inside the mine and it caved in because of a methane gas explosion. Levies

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Eight Fatalities Kohat Coal Mine, Pakistan

September 17, 2018

At least eight miners died in a coalmine in Kohat district’s Akhurwal village on Wednesday morning, in an incident that left at least three others injured, according to local and foreign media reports. The mine’s owner claimed the miners died

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Portofino Resources to Acquire Rio Grande Sur Lithium Brine Project, Argentina

September 13, 2018

Portofino Resources has signed a definitive agreement with a private Argentine concession owner to acquire a 100 percent stake in the Rio Grande Sur lithium brine project in Catamarca, Argentina. This agreement supersedes the binding agreement announced in November 2017.

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Thiess to Provide Mining Services for Leinster’s Underground Nickel Mine, Australia

September 11, 2018

BHP Nickel West has awarded a contract to CIMIC Group’s global mining services provider, Thiess, to provide mining services at the Leinster underground nickel mine in Western Australia. Under the $190m contract, Thiess will be responsible for providing complete underground

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Australian Miners Find More Than $10 Million of Gold at Beta Hunt Mine

September 11, 2018

Miners in Western Australia dug up over $10 million worth of gold in just four days, in what is considered a “truly unique” discovery. The exploration was made last week at the Beta Hunt mine, nearly 400 miles away from

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UK Coal Plants Surge Back Into Operation Amid Gas Price Hikes

September 11, 2018

Near-ten year highs on winter NBP natural gas prices have pushed coal plant back into contention to take a significant share of the UK’s generation mix over the coming winter. A recent surge in the value of the Winter ’18

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China’s Zijin Mining to Acquire Canada’s Nevsun Resources for $1.4 Billion

September 11, 2018

Chinese metals producer and refiner Zijin Mining Group has signed an agreement to buy Canada’ Nevsun Resources for C$1.86bn ($1.41bn). Under the terms of the agreement, Zijin will acquire all of the issued and outstanding shares of Nevsun for C$6.00

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Volt Resources Secures Environmental Approval for Bunyu Graphite Project, Tanzania

September 10, 2018

Volt Resources has announced that its wholly-owned subsidiary Volt Graphite has received the Environmental Impact Assessment (EIA) Certificate from the National Environment Management Council of Tanzania (NEMC) for the Bunyu Graphite Project. Importantly, the EIA certificate signed by the Honorable

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