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

U.S. $2.9 Billion Market Opportunities for LTE Vendors in Mining Sector

August 4, 2017

ABI Research predicts that over US $2.9 billion, 1.5 percent out of total mining CAPEX, will be spent by the mining sector on private network in 2022, led by demand for wireless broadband technology, such as private LTE and Wi-Fi

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Tanzania and Barrick Gold Start Talks Over Mining Disputes

August 3, 2017

The government of Tanzania and Barrick Gold Corporation, the largest shareholder of Acacia Mining Plc, on Monday began talks seeking to end a long standing dispute over royalties Acacia allegedly owes the east African nation’s gold exports. A statement issued

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Cardinal Resources Granted Mining License for Namdini Gold Project, Ghana

August 2, 2017

Cardinal Resources’ application by Savannah Mining Ghana Limited for a large-scale mining license over an area of approximately 19.54 Sq Km in the Upper East Region of Ghana covering Cardinals Namdini Project has been granted by the Minister of Lands

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Emerita Resources to Acquire Salobro Zinc Project, Brazil

August 2, 2017

Emerita Resources Corp. has entered into a definitive agreement with Vale S.A. and IMS Engenharia Mineral Ltda. (IMS) pursuant to which Emerita has agreed to acquire the Salobro zinc project located in the Municipality of Porteinha, Minas Gerais State, Brazil.

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U.S. Coal to Help Secure Ukraine’s Energy Independence from Russia

August 1, 2017

Ukraine’s dependence on Russian energy fell after its state-owned power generation company contracted to start receiving U.S. coal in late August or early September, the Department of Energy announced Monday. Pennsylvania-based Xcoal Energy and Resources will supply Ukraine with thermal

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Senator Claims Green Energy is Causing a ‘National Emergency’ in Australia

July 28, 2017

Australia is facing a “national emergency” of extremely high power prices due to green energy, according to an Aussie senator. One Nation Sen. Malcolm Roberts, a former coal miner, claimed 60,000 households in the state of New South Wales needed

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Coal India Considers Raising Met Coal Prices

July 28, 2017

The world’s biggest coal miner is considering raising metallurgical coal prices for the second time this year, a company official said, reflecting Coal India Ltd.’s efforts to shore up revenue amid rising costs. Coking coal producing units Bharat Coking Coal

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Sandvik Divests Conveyor Components as Final Step in Exiting Mining Systems

July 26, 2017

Sandvik has signed an agreement to divest the conveyor components’ parts of the Mining Systems business, including the closely related specialist conveyor systems business in Hollola (Finland), to NEPEAN Conveyors Pty Ltd, a privately owned Australian based company. As reported,

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Yangquan Coal Industry to Boost Production with Collaboration with Baidu, China

July 25, 2017

Shanxi Province-based Yangquan Coal Industry (Group) Co Ltd (Yangquan) announced its collaboration with domestic search engine powerhouse Baidu.com in artificial intelligence (AI), big data and cloud technology on July 11. With technological support from Baidu.com, Yangquan expects to boost its

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State-owned Coal India Set to Shut Down High Risk Mines

July 25, 2017

State-owned Coal India will close down high-risk mines that are beyond mitigation, Parliament was informed today. “Coal India Ltd (CIL) has graded all mines in high, moderate and low risk categories.  Mine-wise action plan to mitigate high and moderate risk

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