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ZincOx Resources Aims for Fresh Start in Its Zinc Recovery Processes
May 13, 2016
ZincOx Resources is aiming for a fresh start in 2016 after a year that ended with ownership of its zinc recycling plant transferred to its Korean partner. Rod Beddows, chairman said: “2015 was an extremely challenging and frustrating year for
Paynes Find Gold to Acquire Advanced Stage Wolfsberg Lithium Project, Austria
May 13, 2016
Paynes Find Gold Ltd is seeking to become a lithium miner through the reverse takeover and backdoor listing of European Lithium Limited, the sole owner of the well advanced Wolfsberg Lithium Project in Austria. Tony Sage will become a director
Pakistan Government to Invite International EPC Bids for $1.7 Billion Jamshoro Coal Plants
May 13, 2016
The Ministry of Water and Power has decided to invite international competitive bids for engineering, procurement and construction (EPC) contract for installing $1.7 billion Jamshoro coal-based power plants. An official said the Asian Development Bank (ADB) has given no-objection certificate
Lucara Sells 813 Carat Diamond Recovered from Its Karowe Mine in Botswana for US$63 Million
May 11, 2016
Lucara Diamond Corp.‘s exceptional 812.77 carat, Type IIa diamond recovered from the Karowe mine in Botswana in November 2015 has been sold for US$63,111,111 (US$77,649 per carat). As part of the sale, Lucara has partnered with Nemesis International DMCC, and
Canada Rare Earth to Acquire Rare Earth Separation Refinery, Laos
May 11, 2016
Canada Rare Earth Corporation has entered into an agreement to purchase 60 percent of a company based in Laos (LaosCo). LaosCo owns a full capability rare earth refinery that is designed to process monazite rare earth concentrate and separate the
Shenhua Group Completes Upgrades at Its Coal-fired Power Plants in Beijing-Tianjin-Hebei Region
May 11, 2016
China’s largest coal producer Shenhua Group has completed upgrades to its coal-fired power plants in the Beijing-Tianjin-Hebei region that will dramatically reduce their emissions. A milestone in China’s efforts to be more environmentally friendly, Shenhua’s upgrades will take emissions of
Vietnam Government Clears Way for Two Million Tonnes of Coal Exports this Year
May 11, 2016
The permission followed recommendations by the Ministry of Industry and Trade, which suggested that the Government should enable coal exports to the amount of 2.05 million tonnes every year between 2016 and 2020. According to Dau tu (Vietnam Investment Review)
Harvest Minerals Gearing Up for Trial Mining Application at Arapua Potash Project, Brazil
May 11, 2016
Harvest Minerals Limited has begun work on a trial license application as it completed initial drilling on its Maximus prospect — part of its Arapua fertilizer project in Brazil. The results of 25 air core holes were in line with
Axiom Mining Begins Application Process for Its Isabel Nickel Project, Solomon Islands
May 11, 2016
Axiom Mining Ltd has welcomed a May 6, 2016 public notice from the Solomon Islands Government stating its position on the Isabel Nickel Project. Ryan Mount, chief executive officer for Axiom, commented: “We are pleased that the Ministry has committed
HUBCO to Build 330MW Coal Power Plant in Thar, Pakistan
May 11, 2016
Hub Power Company (Hubco) has announced that it will set up a 330-megawatt coal-based power project in Thar at a cost of $500 million in partnership with other investors, subject to approval of the Private Power and Infrastructure Board (PPIB).
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