NEWS — Click on text to read news by category: General | Product | People | Worldwide
Albemarle Completes Sale of Metal Sulfides Business to Treibacher Industrie AG
January 6, 2016
Albemarle Corporation has successfully completed the sale of its Tribotecc metal sulfides business to Treibacher Industrie AG. The transaction included sites in Vienna and Arnoldstein, Austria and Tribotecc’s proprietary sulfide synthesis process. About Albemarle Albemarle Corporation, headquartered in Baton Rouge,
Dragon Mining Set to Advance Fäboliden Gold Deposit, Sweden
January 6, 2016
Dragon Mining has delivered an impressive maiden resource of 6.9 million tonnes at 3.3g/t gold for 743,000 ounces for the Fäboliden project in northern Sweden. The Fäboliden Gold Deposit is a medium grade body of gold mineralization that has good
Ortac Resources Set to Commission Zamsort Demonstration Plant in Q2 2016, Zambia
January 6, 2016
Ortac Resources is looking forward to more good news from the Zamsort operation, in Zambia, where a commercial scale demonstration plant has been built. At Zamsort, which will make copper cement and cobalt hydroxide filter cake, the company has a
Two Fatalities at Extract Resources Chepica Gold Processing Plant, Chile
January 6, 2016
Xtract Resources has announced with deep sadness two fatalities occurred at its Chepica gold processing plant on Christmas Eve. The fatal accidents occurred when an individual who was undergoing training entered a restricted area without the necessary safety equipment; a
Rescuers Drill Through Fragile Ground to Reach Miners Trapped for Ten Days at Gypsum Mine, China
January 6, 2016
Rescuers have dropped provisions to four Chinese mine workers trapped for 10 days in a wrecked gypsum mine and are slowly drilling a route to save them, state media said Monday. The men are trapped more than 200 meters below
TerraCom Set to Secure Funding to Advance Baruun Noyon Uul Coal Mine, Mongolia
January 5, 2016
TerraCom has advanced two debt restructuring options during a balance sheet recalibration process expected to secure funding as the company’s Baruun Noyon Uul (BNU) project aims to become one of the largest and highest quality coking coal producers in Mongolia.
India Coal Consumption to Buck the Trend
January 5, 2016
Amid all of the talk that wind and solar will fuel the world, India still has 300 million people still don’t have any electricity to begin with. While India aims to increase its solar and wind power generation, to support
Banro Secures US$98.75 Million for Growth Objectives at Twangiza Gold Mine, DRC
January 4, 2016
Banro Corporation has signed definitive agreements with Resource FinanceWorks Limited (RFW) and with funds managed by Gramercy Funds Management LLC for an equity private placement, a term loan facility, and a gold streaming transaction relating to the Twangiza mine, providing
Aberdeen Acquires Diabillios Lithium-Potash Project for CDN$5 Million, Argentina
January 4, 2016
Aberdeen International Inc. has closed the share purchase agreement with Rodinia Lithium Inc. to purchase all of the shares of Potasio y Litio de Argentina SA. (PLASA), which holds the Diablillos lithium-potash project in Argentina. Aberdeen will make aggregate payments
Columbus Commences Study to Connect Montagne d’Or Gold Project to National Power Grid, French Guiana
January 4, 2016
Columbus Gold Corporation intends to engage Tractebel Engineering to complete a study on potentially connecting Columbus Gold’s 100 percent owned Montagne d’Or Gold Project located in French Guiana to the national power grid. The power study is part of the
