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Four Eagles Gold Project Near Bendigo Receives Government Grant, Australia
May 24, 2017
Five gold mining projects north of Bendigo — including one bankrolled by mining magnate Gina Rinehart — have received state government grants totaling $1.2 million. The Four Eagles Gold Project covers 15 square kilometers between Calivil and Mitiamo, and received
Kirkland Lake Gold to Suspend Production at Cosmo Gold Mine, Australia
May 23, 2017
The Northern Territory’s Cosmo gold mine will suspend production at the end of June, leaving the future of around 150 workers in doubt. Owner of the mine, Canadian-based Kirkland Lake Gold, will shift from underground production to the exploration and
China to Close Only Offshore Beizao Coal Mine Amid Capacity Cuts
May 23, 2017
China will close its only offshore coal mine, which has been in operation for more than 30 years, in October, as the government toughens its efforts to phase out excess production capacity. The Beizao Coal Mine, owned by the Shandong
East Africa Metals Receives Mine Permit for Terakimti Oxide Gold Project, Ethiopia
May 19, 2017
East Africa Metals Inc. has been informed that the Ministry of Mines, Petroleum and Natural Gas has completed its review of the company’s mine permit application and has issued a draft model agreement for the company’s Terakimti Oxide Gold Project
Glencore Puts Tahmoor Underground Coal Mine Up for Sale
May 19, 2017
Glencore PLC has reversed plans to close a coal mine in eastern Australia and has put the operation up for sale even as it restarts development at the site amid a rebound in prices. The mining company said Tuesday it
Ukraine Turns to U.S. for Its Coal Imports
May 18, 2017
Ukraine will discuss with U.S. experts the possibility of coal imports from the United States soon, Energy Minister Igor Nasalik said Thursday, the day Ukraine had extended its energy emergency for another month. Train cars with coal at the Donetsk
Adani Plans to Begin Extracting Coal from $16.5 Billion Carmichael Project in 2020-21, Australia
May 18, 2017
Adani Group plans to begin extracting coal from the $16.5-billion Carmichael project in Australia in 2020-21, its Chairman, Gautam Adani, has said. The Group, which has interests from ports to power, would finalize by June an investment decision for the
Finland Government Proposes Amendments for Certain Regulations to Mining Act
May 17, 2017
The Finland Government proposes that amendments be made to certain regulations of the Mining Act relating to prospecting and mining operations. The basic solutions of the Mining Act are not being changed. The current Mining Act came into force on
Lundin Mining Completes Feasibility Study for Neves-Corvo Zinc Expansion Project, Portugal
May 17, 2017
Lundin Mining Corporation has released the results of a feasibility study completed on the Zinc Expansion Project (ZEP) at the Neves-Corvo mine in Portugal. In addition, an update on the project progress is outlined. “The results of the feasibility study
Mining Exports Up in Australia, but Prices Uncertain
May 12, 2017
Australia will continue to ship more resources into global markets over the next two years as a ramp-up in liquefied natural gas exports offsets flattening growth in iron ore and coal. Total resources export volumes, which are now dominated by
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