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Flinders Advances Key Initiatives at Its Woxna Graphite Plant in Sweden
March 9, 2016
Flinders Resources Limited has provided an update on its two key initiatives to produce high purity spherical graphite and graphene to position its 100 percent owned Woxna graphite mine as a leading supplier to the current and future graphite and
Silver Mines to Acquire Kingsgate’s Bowdens Silver Project, New South Wales
March 9, 2016
Silver Mines will control 220 million ounces of silver equivalent if the acquisition of the Bowdens Silver Project in New South Wales from Kingsgate Consolidated is completed. Bowdens is located in central New South Wales, 26 kilometers east of Mudgee
Excalibur Resources Enters $5 Million Gold Streaming Agreement for Gold Mine in Peru
March 9, 2016
Excalibur Resources Ltd.‘s non-binding proposal to make a US$5 million purchase of a gold metal stream representing 5 percent of the annual production of an open pit gold mine in Peru which has averaged 35,000 ounces of gold production annually
Malachite Resources to Use Mobile Processing Plant for Its Lorena Gold Project, Queensland
March 9, 2016
Malachite Resources Ltd is aiming to produce about 30,000 ounces of gold from the Lorena Gold Project, near Cloncurry in Queensland using a mobile processing plant located at the project for the short life of the initial open cut operation.
BHP Billiton and Vale Settle with £3.6 Billion Bill Over Dam Burst at Samarco Pit, Brazil
March 9, 2016
Global miner BHP Billiton and Brazilian miner Vale will pay a reported £3.6bn in damages for the fatal Samarco dam disaster. The joint venture partners, which own mining company Samarco Mineração, will pay the fine over 15 years for the
Coal Prices May Do Something They Haven’t Done in Two Years, Rise
March 9, 2016
Potential supply cuts have the price of metallurgical coal — the kind used to make steel — poised to do something it hasn’t done since October 2013: rise. The benchmark contract for the coal may gain by a few dollars
Bharat Heavy Electricals Awarded Contract from Tamil Nadu to Build Thermal Power Plant, India
March 8, 2016
Tamil Nadu Generation and Distribution (TANGEDCO) has awarded a contract to India’s state-owned utility Bharat Heavy Electricals (Bhel) to build Uppur supercritical thermal power project (TPP) in Tamil Nadu state. Featuring two units each with a capacity of 800MW, the
Duran Set for Commissioning Phase in April for Its Aguila Norte Mineral Processing Plant, Peru
March 8, 2016
Duran Ventures Inc. has provided a progress report on the construction of its 80 percent owned 100-tonne-per-day Aguila Norte mineral processing plant located in Northern Peru. The company expects to finish construction of the plant by the end of March
Largo Resources Secures Funding, Restructures Export Facilities at Maracas Menchen Mine, Brazil
March 8, 2016
Largo Resources Ltd. has secured funding and is restructuring its export credit facilities for its Maracás Menchen Mine. The terms of the new facility, consistent with the previously announced binding term sheet with the lenders, include: • Working capital facility
Swedish Supreme Administrative Court Cancels Tasman’s Norra Karr Mining Lease
March 8, 2016
Tasman Metals Ltd. has been notified of a decision by the Supreme Administrative Court of Sweden (SAC) to cancel the Norra Karr mining lease (ML). This ML was granted to the company in May 2013 by the Swedish Mining Inspectorate
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