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

SME Foundation’s Miners Give Back Program Fosters Sustainability, Guatemala

May 2, 2016

The Miners Give Back (MGB) program of the Society for Mining, Metallurgy & Exploration Foundation (SMEF) continues its collaboration with Engineers Without Borders USA (EWB-USA) in awarding the 2016 MGB grant to support the second phase of a sustainable water

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Mogalakwena Mine and Community Benefits from ThoroughTec’s High-Fidelity Simulators, Africa

May 2, 2016

Employees of Anglo American’s Mogalakwena platinum mine in Limpopo Province, as well as the surrounding community, are reaping the benefits of the mine’s high-fidelity, simulator-training program. The mine has recently purchased another CYBERMINE Full Mission Simulator (FMS) from ThoroughTec Simulation,

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Premier African Minerals Set to Develop Limestone Deposit After $2.1 Million Acquisition, Mozambique

April 29, 2016

Premier African Minerals Ltd is poised to buy a 52 percent interest in a Mozambique firm with a substantial limestone deposit for a total of US$2.1mln and has raised £1.1mln in a discounted share placing. TCT’s deposit is near the

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China National Gold Group to Acquire Eldorado Gold’s Stake in Jinfeng Mine for $330 Million, China

April 29, 2016

Eldorado Gold is pleased to announce that it has reached an agreement to sell its 82 percent interest in the company’s Jinfeng mine to a wholly-owned subsidiary of China National Gold Group (“China National Gold”) for US$300m in cash, subject

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ECR Minerals Prepares to Advance Avoca and Bailieston Gold Projects to Production, Australia

April 29, 2016

ECR Minerals PLC has unveiled immediate plans to advance the Avoca and Bailieston gold projects in Victoria, Australia, which are being acquired via its Mercator Gold subsidiary. The planned activity, which is already funded, is expected to take place in

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Southern Gold Eyes Near-term Production at Its Cannon and Glandore Projects, Western Australia

April 29, 2016

Southern Gold Ltd has completed the drawdown of a $1 million convertible debt facility from high net worth investors to advance the Cannon and Glandore projects in Western Australia. The $1 million facility is available as a single drawdown with

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Adani Faces Another Legal Hurdle for Approval of Carmichael Coal Mine, Australia

April 29, 2016

Environmental Defenders Office Queensland (EDO Qld) has filed a lawsuit against the state’s approval for the Adani Group’s A$21.7bn ($16bn) Carmichael coal mine project in Australia. The appeal, which has been filed on behalf of its community group client, Coast

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Dynasty Metals & Mining Enters Contractors Agreement for Development of Mining Concessions, Ecuador

April 28, 2016

Dynasty Metals & Mining Inc. has entered into a definitive three-year agreement with Green Oil S.A. to act as contractor for the development of specific mining concessions within the Dynasty Goldfield project in southern Ecuador. Under the terms of this

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Plateau Uranium Commences Environmental Baseline Permitting Work Following Positive Meetings, Peru

April 28, 2016

Plateau Uranium Inc. has engaged experienced environmental consultant group Asesores y Consultores Mineros SA (ACOMISA) to commence the enhanced environmental baseline study work required for future permitting and environmental impact assessment (EIA) studies. This follows constructive meetings with government officials

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USW Disappointed by China’s Refusal to Support Multilateral Framework on Global Steel Overcapacity

April 28, 2016

United Steelworkers (USW) International President Leo W. Gerard has released the following statement after learning that the high level dialogue at the Organization for Economic Cooperation and Development was unable to advance a global framework to address steel overcapacity. “Today

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