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

Australia Gov’t Invests AUD$1.4 Million in Four Bowen Basin Mining Projects

August 7, 2018

Mining Technology reported that the Australian Government’s Mining Equipment, Technology and Services Growth Center Ignited Project will invest around AUD 1.14 million into four Bowen Basin mining projects in the Queensland city of Mackay Over a quarter of the money

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Brazil to Auction Rights of Six Unexplored Mining Areas in 2019

August 7, 2018

Reuters reported that Brazil’s geological service is studying auctioning off mining rights in 2019 to six previously unexplored areas that have significant potential output of copper, gold, phosphate and other minerals. The geological service CPRM, which operates as a state

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Philippines Lifts Two Year Ban on Mining Exploration

August 7, 2018

Reuters reported that the Philippines has lifted a two year moratorium on approving mining exploration permits, in a move that the government and industry hope will help determine the potential of some prospects in the world’s No. 2 nickel ore

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BEML and Heavy Engineering Sign MOU to Manufacture and Sell Mining Equipment

August 6, 2018

BEML Ltd. and Heavy Engineering Corporation (HEC) Ltd. on Monday signed a memorandum of understanding (MoU) to manufacture and market heavy engineering and mining equipment. The proposed collaboration would also extend to installation, commissioning and after-sales support for the mining

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Kogi Iron Progresses Test Work at Agbaja Oolitic Iron Ore Deposit, Nigeria

August 6, 2018

ASX-listed junior Kogi Iron has progressed the metallurgical testwork associated with the commercialization of its 100 percent-owned Agbaja oolitic iron ore deposits in Kogi State, Nigeria during the quarter ended 30 June 2018. Much has been achieved since last October

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Atomic Minerals Directorate Stops Uranium Mining Operations in Mawthabah-Wahkaji Area, India

August 6, 2018

The officials and scientists of Atomic Minerals Directorate (AMD) informed that they have stopped all AMD operations in the state following reactions from NGOs who charged the AMD of carrying out uranium mining in Mawthabah -Wahkaji. The AMD officials and

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Chilean Miners Vote to Strike at BHP’s Escondida Copper Mine

August 6, 2018

Workers at the world’s biggest copper mine, the BHP-owned Escondida operation in Chile, have voted to reject a new wage offer and go on strike following the end of their 30-month contract. A total of 2,330 union members voted on

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Scottish Firm Unveils Plans for Asteroid Mining Mission

August 6, 2018

Asteroid Mining Corporation (AMC) is seeking £2.3m to build a satellite capable of identifying platinum-group metal deposits on near-Earth asteroids. It hopes to launch the Asteroid Prospecting Satellite One (APS1) in 2020. APS1 will be used to conduct a spectral

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Rio Tinto Completes Sale of Remaining Coal Assets in Australia for $4 Billion

August 3, 2018

Rio Tinto has completed the sale of its remaining coal assets in Queensland, Australia, for $3.95 billion. The transactions include the sale of Rio Tinto’s interests in the Hail Creek coal mine and Valeria coal development project to Glencore for

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Rio Tinto Approves Initial Funding for Its First Intelligent Mine in the Pilbara, Western Australia

August 3, 2018

Rio Tinto has approved $146 million of funding to undertake initial work at the Koodaideri iron ore project in Western Australia, ahead of a final investment decision expected by the end of the year. The funds will be invested in

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