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Centurion Executes JV Agreement with Demetra Minerals to Develop Ana Sofia Gypsum Project, Argentina
February 1, 2016
Centurion Minerals Ltd. has signed a definitive joint venture agreement with Demetra Minerals Inc. to develop the Ana Sofia agricultural gypsum project in Santiago del Estero province, Argentina. Demetra is the beneficial owner of 100 percent interest in the Ana
Monitoring of Sand Mining to Go Hi-tech in India
January 29, 2016
Monitoring of river sand-mining and transport is set to go hi-tech. The guidelines on sustainable sand mining notified by the Union Ministry of Environment, Forests and Climate Change (MoEFs) earlier this month prescribe a modern, technology-assisted system to keep an
Africa’s Mining Sector to Reform Worker Compensation System
January 29, 2016
The mining industry yesterday kick-started discussions that will pave the way for a reform of the compensation system and hopefully improve the lives of thousands of current and ex-mineworkers who were exposed to occupational hazards. The two-day workshop, held in
Lima-based Caterpillar Distributor Ferreycorp Dodges Industry Slump With Mining Boom in Peru
January 29, 2016
The free fall in commodities is upending demand for the construction and mining machinery made by global behemoth Caterpillar Inc. Yet for a little-known distributor of the company’s products in Peru, things couldn’t be busier. Lima-based Ferreycorp is in high
Iran, Italy, France Line Up Mining Deals
January 29, 2016
Iran’s mining sector is probably a new darling of foreign investors, with companies from China to Europe lining up to try their hand in one of the least developed industries in the resource-rich country. Iranian and Italian companies hope to
Four Fatalities in Underground Mine Fire at Impala Platinum Mine, Rustenburg
January 29, 2016
The Chamber of Mines has expressed its condolences to the families of four workers who died at the Impala Platinum Mine in Rustenburg, and has urged the industry to improve fire detection systems. The workers died of smoke inhalation after
MACH Energy to Acquire Rio Tinto’s Mount Pleasant Coal Assets for US$224 Million, Australia
January 28, 2016
Rio Tinto has reached a binding agreement for the sale of its Mount Pleasant thermal coal assets to MACH Energy Australia Pty Ltd for US$224 million plus royalties. With the recent binding agreement for the sale of Rio Tinto’s interest
Reservoir Minerals and Rio Tinto Complete Earn-In & JV Agreement for Timok Magmatic Complex, Serbia
January 28, 2016
Reservoir Minerals Inc. and Rio Tinto Mining & Exploration Limited have completed an earn-in and joint venture agreement. Under the terms of the agreement, Rio Tinto has the option to earn-in stages up to a 75 percent interest in Reservoir’s
GE Signs €40 Million Agreement with PGE to Modernize Coal Power Plant, Poland
January 28, 2016
GE’s Power Services business has secured orders valued approximately at €40 million with PGE Gornictwo i Energetyka Konwencjonalna S.A. (PGE GiEK S.A.), the largest utility in Poland, to upgrade generator and steam turbine assets at the Turow Power Plant. The
Ivanhoe Mines Releases Independent Mineral Resource Estimate for Its Kipushi Mine, DRC
January 28, 2016
Ivanhoe Mines has released a new, independent, mineral resource estimate for the company’s historic, high-grade, Kipushi zinc-copper-germanium-lead-silver mine. Kipushi is a joint venture between Ivanhoe Mines and Gécamines, the state-owned mining company. Highlights of this initial estimate are: • Measured
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