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Rescue Capsule Readied for 4 Chinese Miners Trapped for a Month at Gypsum Mine
January 26, 2016
Rescue workers are readying a man-size capsule in their final step to extract four miners trapped for nearly a month inside a collapsed gypsum mine in eastern China, officials said Saturday. The red capsule, designed to accommodate a 6-foot-3-inch person,
Kilo Goldmines and Randgold Resources Sign JV Agreement on Kilo’s Somituri Properties, DRC
January 25, 2016
Kilo Goldmines Ltd. (KGL) and Randgold Resources (DRC) Limited have signed a definitive agreement for a joint venture on Kilo Goldmines’ Somituri licenses located in Democratic Republic of Congo (DRC). The purpose of the JV is to conduct exploration on
KAZ Minerals Sign Deals with Hexagon Mining, Kazakhstan
January 25, 2016
Hexagon Mining increases its presence in Kazakhstan after signing deals with two prominent mine sites, Bozshakol and Aktogay. Both greenfield sites are owned and operated by KAZ Minerals, a high-growth copper company focused on large-scale, low-cost open pit mining. KAZ
TerraSource Global Expands in Russia with New Warehousing Facility and Field Service Hub
January 25, 2016
TerraSource Global has added a new warehousing facility and field service hub in the Ural region of Russia. The move aligns with the company’s plan to enhance sales and service processes across its global footprint to stay ahead of customers’
Hollysys to Provide Distributed Control System for Coal-Fire Power Generating Units, China
January 25, 2016
Hollysys Automation Technologies, Ltd. has signed a contract to provide its proprietary Distributed Control System (DCS) for 2x1052MW ultra-supercritical coal-fire power generating units to Shenhua Jiujiang Power Plant. The units are expected to go into operation at beginning of the
Mantle Mining Merger to Add $16.5 Million to Develop Norton and Morning Star Gold Mines, Australia
January 22, 2016
Mantle Mining is set to effectively raise A$16.5 million via a merger of equals with unlisted developer International Base Metals Limited (IBML) which boasts this total in cash along with a suite of resource assets primarily focused on copper in
Weatherly Achieves Nameplate Copper Production at Tschudi Project, Namibia
January 22, 2016
Copper cathode producer Weatherly International said its Tschudi project achieved nameplate production rates of 17,000 tonnes per annum during December. In October, the company increased its production guidance for calendar year 2015 by 4 percent to 10,400 tonnes of copper
Rum Jungle Resources Finds Deep Phosphate as Start-up Plan Sharpens, Australia
January 22, 2016
Rum Jungle Resources’ latest drilling program at its phosphate properties in the Northern Territory has made significant strides in advancing a plan to establish at small, a small-scale, low-capital and limited environmental footprint sulphate of potash (SOP) operation by mid-2016.
ABM Resources Hits Record Gold Production at Old Pirate Mine, Australia
January 22, 2016
ABM Resources has poured 3,805 ounces of gold in December from its project in the Northern Territory, named Old Pirate which was a monthly record. For period to end of December 2015, 16,405 ounces were poured from the mine. Processing
Batchfire Resources to Acquire Anglo American’s Callide Thermal Coal Mine, Queensland
January 21, 2016
Anglo American plc has entered into a share sale agreement with Batchfire Resources Pty Ltd to sell its 100 percent interest in the Callide thermal coal mine in Queensland, Australia. Callide consists of an open pit thermal coal mine and
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