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February 2016

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Nuclear regulator accepts Lance uranium project expansion in Wyoming, US 05 February 2016 The US Nuclear Regulatory Commission (NRC) has accepted Peninsula Energy's plans to expand its Lance uranium project in Wyoming....

Deals this week: New Jersey Mining, International Millennium Mining, Prospero Silver 05 February 2016 New Jersey Mining has completed its previously announced acquisition of a 50% interest in Butte Highlands Joint...

US researchers discover new method to get rare-earth elements from coal 05 February 2016 Researchers from Penn State and the US Department of Energy (DOE) have found an economical method to extract rare-earth elements (REEs) from coal byproducts through a chemical process...

Centerra Gold secures approval to mine Gatsuurt deposit in Mongolia 05 February 2016 Canada-based Centerra Gold has received approval from the Mongolian Parliament to mine the Gatsuurt deposit after a five-year delay....

Kidman selects Pybar to ramp-up production at Burbanks gold mine in Australia 04 February 2016 Kidman Resources has appointed Pybar Mining Services as a contractor to ramp-up production at its Burbanks gold mine near Coolgardie in Western Australia....

Luxembourg plans legal framework for asteroid mining 04 February 2016 The Luxembourg Government has announced plans to create a legal framework for asteroid mining in a bid to explore and extract space resources....

US proposes $1bn fund for hard-hit coal-producing communities 04 February 2016 A new bill has been introduced by the chair of the US House of Representatives appropriations committee, which would make $1bn in funding available to revitalise troubled...

OZ Minerals to build second decline at Prominent Hill operation in Australia 03 February 2016 OZ Minerals has announced plans to build a second decline to expand the underground production capacity of Prominent Hill copper-gold mining operation in northern South Australia....

Westmoreland buys San Juan Mine in New Mexico from BHP Billiton 03 February 2016 US-based Westmoreland San Juan (WSJ) has completed the $127m acquisition of the San Juan Mine in Farmington, New Mexico, from BHP Billiton....

Albemarle gets approval to increase lithium brine extraction in Salar de Atacama, Chile 03 February 2016 US-based lithium producer Albemarle has secured approval to increase its currently authorised lithium brine extraction rate at the company's facility in the Salar de Atacama, Chile....

New World Resources unit to axe half its staff due to weak coal prices 03 February 2016 Czech mining company New World Resources (NWR) unit OKD is reportedly planning to cut half its workforce by 2018 due to weak coal prices....

Adani secures final environmental permit for $12.5bn Carmichael coal mine in Australia 02 February 2016 Adani Group has secured an environmental permit from the Queensland Government to build the $12.5bn Carmichael coal mine in the north of the Galilee Basin in Australia....

UK scientists develop new method to discover copper deposits 02 February 2016 A University of Exeter geologist in the UK has developed a new method to cost-effectively locate porphyry-type copper deposits. ...

Nautilus Minerals gets seafloor mining tools for Solwara 1 project in Papua New Guinea 02 February 2016 Nautilus Minerals has received three seafloor production tools (SPTs) from Soil Machine Dynamics's (SMD) facility in Newcastle-upon-Tyne, UK, for its underwater Solwara 1 mining project in...

North River Resources secures notice of preparedness for Namib project in Namibia 01 February 2016 North River Resources has received a notice of preparedness to grant the mining licence for the Namib lead zinc project in Namibia....

Zambia increases power tariffs for mining companies 01 February 2016 Zambia has increased power tariffs for mining companies in a bid to lure companies to invest in power...

IMX signs MoU to develop Chilalo graphite project in Tanzania 01 February 2016 IMX Resources has signed a memorandum of understanding (MoU) with China Gold Investment and CN Docking to develop the company’s Chilalo graphite project in...

January's top stories: Codelco's $5.4bn project, India tech to stop mine thefts 01 February 2016 The Commission for Environmental Assessment of the Antofagasta Region in Chile approved Codelco's $5.4bn Radomiro Tomic sulphides (RT sulphides) project in Atacama Desert, Coal India prepared for...

Ichor Coal not to extend offer to acquire Universal Coal 01 February 2016 South Africa-based Ichor Coal said it will not extend its previously announced offer to acquire 100% of Australian coal producer Universal Coal (UNV) for A$80m ($58m), beyond 5 February...

January 2016

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International court orders MMX to pay compensation to Outotec for filters delivery contract termination 29 January 2016 Finland-based mining technology supplier Outotec (Filters) will receive compensation of €6.4m from the Brazilian mining company MMX Sudeste Mineração (MMX) after completion of an arbitration...

Kumba Iron Ore to cut 3,933 jobs in South Africa’s Sishen mine restructuring process 29 January 2016 Kumba Iron Ore, a business unit of Anglo American will cut a total of 3,933 jobs as part of its plan to restructure the Sishen mine located in central South Africa in Kathu, Northern Cape....