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Shandong Gold Group Finds Largest Gold Deposit in China’s History, Worth $22 Billion
March 31, 2017
The largest gold deposit in the country’s history was discovered in the Chinese province of Shandong, the large-scale state-owned gold mining enterprise Shandong Gold Group announced during a press conference in Beijing on March 28. Experts estimate that the volume
Australian Gov’t Company Looks to Invest in Adani’s Carmichael Coal Mine Project
March 31, 2017
An Australian government-owned fund manager company has expressed interest to invest in “infrastructure pieces” of Indian energy giant Adani’s $ 21 billion coal mine project in Queensland. Chief Executive of QIC Damien Frawley said the company, whose major clients include
Cyclone Debbie Threatens Coal Exports from Queensland Mines, Australia
March 31, 2017
When Cyclone Yasi devastated parts of North Queensland in 2011, the rains it brought with it took out about 20 million tonnes of coking coal production. At current prices, around $US150 per tonne, a similar disruption could cost up
Goldcorp Acquires Kinross Gold’s interest in Cerro Casale Project for $260 Million, Chile
March 30, 2017
Kinross Gold Corporation has agreed to sell its 25 percent interest in the Cerro Casale project in Chile, and its 100 percent interest in the Quebrada Seca exploration project located adjacent to Cerro Casale, to Goldcorp Inc. The sale was
Ghana Chamber of Mines Committed to Environmental Standards
March 29, 2017
The Ghana Chamber of Mines has reiterated its commitment to good environmental management and to ensuring that the industry’s operations do not adversely impact the environment and the livelihoods of residents in host communities. ‘The Chamber would like to assure
BHP and Glencore to Halt Operations at Some Mines Due to Hurricane Debbie, Australia
March 29, 2017
BHP Billiton Ltd. and Glencore Plc are halting some production in the world’s largest exporter of coal used in steel-making, as the biggest cyclone since 2011 to hit Australia’s Queensland nears the state. South Walker Creek metallurgical coal mine operations
Monash University: Artificial Soils Could Be Key in Rehabilitation of Latrobe Valley Coal Mines
March 29, 2017
With Hazelwood Power Station commencing its staged shutdown, creating artificial soils from waste materials could provide an environmentally friendly option for rehabilitating the adjoining mine, according to a leading mining researcher from Monash University. Mining Engineer Dr. Mohan Yellishetty‘s research
Ascendant Resources Releases Progress Report on Its El Mochito Optimization Program, Honduras
March 28, 2017
Ascendant Resources Inc. has released a progress report on the ongoing optimization program at the El Mochito Mine. For the first three weeks of March, mined and milled ore tonnes have averaged 1,745 tonnes per day, which is a good
Fortuna Silver Advances Lindero Gold Project with Feasibility Study Preliminary Results, Argentina
March 27, 2017
Fortuna Silver Mines Inc. has updated the preliminary results of the optimization work being conducted on the feasibility study prepared in 2016 on the company’s 100 percent owned Lindero Gold Project located in the Province of Salta, Argentina. “We are
Rio Tinto Awards $900 Million in Contracts to Queensland Suppliers for Its Amrun Bauxite Project
March 27, 2017
Rio Tinto has awarded more than $900 million in contracts to Queensland suppliers as the development of the world class Amrun bauxite project on Cape York Peninsula continues. The Queensland spend makes up almost two thirds of the $1.38 billion
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