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October 2014

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Okorusu mine in Namibia to close ending 400 jobs
31 October 2014 Okorusu fluorspar mine in Namibia will close in November making 407 people...

Experts say Wollongong Coal expansion poses a threat to water sources in Sydney
31 October 2014 Scientists warn that a proposal by Wollongong Coal to expand its operations into the Lake Cataract catchment in Australia may put Sydney's drinking water at...

Philex confirms feasibility of $1.5bn Silangan project in the Philippines
30 October 2014 A study undertaken by gold and copper producer Philex Mining has confirmed the viability of its $1.5bn Silangan project on the island of Mindanao in southern...

Centennial Coal shuts down Angus Place mine in Australia
30 October 2014 Centennial Coal has decided to put its Angus Place mine at Western Coalfields in New South Wales under care and maintenance due to falling prices of international...

Maptek launches upgraded Vulcan mining planning and modelling software
30 October 2014 Australia-based mining technology firm Maptek has released the latest version of its mine modelling and planning software Vulcan 9.1, which has some major...

Turkish coal mine flood traps 18 workers underground
29 October 2014 Around 18 mine workers are trapped underground due to accidental flooding in a coal mine in southern...

RES to build rare earth metals processing plant in Nebraska, US
29 October 2014 Mineral and applications technology company Rare Earth Salts (RES) has signed a joint development agreement (JDA) with an undisclosed mining company, to process rare earth metals in the...

Freeport Indonesia mine workers to strike for one month
29 October 2014 Freeport-McMoRan's Indonesian gold and copper mine workers will go on strike from next week for a period of one month due to concerns about worker...

Sphere Minerals delays development of Askaf iron ore project in Mauritania
28 October 2014 Subsidiary of Swiss-based mining company Glencore, Sphere Minerals, has slowed down the development of its $900m Askaf iron ore project in Mauritania, due to a slump in the price of the...

First iron ore ships from Anglo American's Minas-Rio operation in Brazil
28 October 2014 Anglo American has started shipping first the iron ore produced from its Minas-Rio project in Brazil to customers in...

Mount Gibson Iron temporarily halts Koolan Island operations in Australia
28 October 2014 Australian miner Mount Gibson Iron has temporarily stopped activity at its Koolan Island's main pit for four weeks, as a precautionary measure against instability in the upper part of the...

British Columbia to amend Mining Act to extend time for investigating violations
27 October 2014 The British Columbia Government in Canada has proposed to amend the provincial Mines Act to allow investigators more time to probe into mining violations and impose...

Coal mine accident in China kills 16 people
27 October 2014 A coal mine has collapsed in the Tiechanggou township near China's far western region of Xinjiang, leaving 16 workers dead and 11 others...

ICVL to invest $500m in Mozambique coal mine projects
27 October 2014 India's state-owned International Coal Ventures (ICVL) has unveiled plans to invest $500m in its recently purchased coal mines in...

De Beers selects HCL for IT infrastructure overhaul
24 October 2014 Diamond mining company De Beers has selected Indian-based IT services company HCL Technologies to transform its IT...

UK gives $1bn loan guarantee to Chilean copper miner Codelco
24 October 2014 The UK has offered a $1bn loan guarantee to Chile's state-owned Codelco with the intention of attracting business deals from the copper...

African Minerals chairman to buy Marampa in Sierra Leone from London Mining
24 October 2014 Chairman of African Minerals Frank Timis is seeking to acquire London Mining's Marampa mine in Sierra Leone through his privately owned...

Ivanhoe Mines to cut 325 jobs at South African mine
23 October 2014 Ivanhoe Mines is preparing to lay off 325 workers at its South African unit after keeping them in standby paying full compensation for the last four...

Rio Tinto misses $4.2bn financing deadline for Oyu Tolgoi expansion in Mongolia
23 October 2014 Mining giant Rio Tinto has deliberately missed the 30 September deadline of financing $4.2bn for the underground expansion of the Oyu Tolgoi copper-gold mine in...

Kinross Gold to sell Ecuador assets to Fortress for $240m
23 October 2014 Canada-based Kinross Gold has signed a deal with Fortress Minerals, a division of the Lundin Group, to sell its 100% stake in Aurelian Resources and the Fruta del Norte (FDN) project in Ecuador...

Chatham Rise mining in New Zealand could affect whales and dolphins, expert says
22 October 2014 Chatham Rock Phosphate's proposal to mine the Chatham Rise on New Zealand's continental shelf could affect marine mammals such as whales and dolphins, University of Otago assistant professor...