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Archive of industry news from the global mining industry

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November 2014

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Deals this week: AMEC Americas, African Eagle, Nevada Sunrise Gold and more
21 November 2014 AMEC Americas has secured an engineering, procurement and construction (EPC) management services contract from Pretium Resources for Brucejack gold project in northern British Columbia,...

Nevsun Resources faces lawsuit over forced labour in Eritrea mine
21 November 2014 Canada-based mining company Nevsun Resources has been sued by three previous employees at the British Columbia Supreme Court for alleged slave labour at its Bisha gold, copper and zinc mine...

ABB unveils new mine hoist assessment service
21 November 2014 ABB has unveiled a new service product called Hoist Performance Fingerprint, which will help customers assess and optimise the condition of their mine...

Mineler launches social media platform for global mining industry
20 November 2014 Perth-based start-up company Mineler has launched a social media platform for workers in the mining...

Alpha Natural Resources to lay-off 412 coal workers
20 November 2014 US metallurgical coal producer Alpha Natural Resources will cut 412 jobs prior to the sale of its Pennsylvania operations to Rosebud...

Cliffs Natural Resources may shutdown Bloom Lake iron ore mine in Canada
20 November 2014 US-based mining firm Cliffs Natural Resources is considering closing its Bloom Lake iron ore mine in Canada after deciding that the expansion plan is not...

Five South African mining firms to jointly tackle occupational lung disease
19 November 2014 Five South African mining firms have formed an industry working group to address issues associated with occupational lung disease (OLD) in the country's gold mining...

Koniambo Nickel mine in New Caledonia officially opened by French President
19 November 2014 Operations have started at the $7bn Koniambo Nickel project (Koniambo) in New Caledonia, which is jointly owned by Glencore and Société Minière du Sud Pacifique...

EPA conditionally approves Rio Tinto's $3.5bn Koodaideri iron ore mine
19 November 2014 The Western Australia Environmental Protection Authority (EPA) has recommended for approval Rio Tinto's $3.5bn open cut iron ore mine in the Pilbara...

India plans to issue mining licences through auctions
18 November 2014 The Government of India is planning to issue mining licences through auctions in order to improve transparency in mineral resources...

Mining investment rise generated fewer jobs in New South Wales, says report
18 November 2014 Mining companies in New South Wales have employed 1,967 fewer workers in 2013 to 2014 compared with the previous year, despite investing $13.6bn into the Australian state, according to a...

Osisko Gold acquires Virginia Mines to create $1.2bn gold royalty company
18 November 2014 Osisko Gold Royalties has signed an agreement to acquire Virginia Mines for C$479m ($424m) to create a C$1.3bn ($1.2bn) Montreal-based gold royalty company, which will hold royalty interests in...

Adani secures funding for $7bn Carmichael mine project in Australia
17 November 2014 Adani Enterprises $7bn coal mine, rail and port project in Queensland, Australia, has received a loan of up to $1bn from the State Bank of India (SBI), coinciding with the high-profile visit...

Erdene starts resource drilling at Altan Nar project in Mongolia
17 November 2014 Erdene Resource Development has begun resource definition drilling programme at its wholly owned Altan Nar gold-polymetallic project in the Tien Shan Gold Belt of south-west...

Rio Tinto and Sinosteel to extend Channar Mining JV for second time
17 November 2014 Rio Tinto and Sinosteel have signed a heads of agreement to advance negotiations for a second extension to the Channar Mining iron ore joint venture (JV) in Western Australia's Pilbara...

Sesa Sterlite to invest $782m in Gamsberg-Skorpion Integrated Zinc project
14 November 2014 A mining unit the Vedanta Group Sesa Sterlite has approved the plan to invest $782m in development of the Gamsberg-Skorpion Integrated Zinc project in South Africa and...

Deals this week: GreenFlag Ventures, Kerr Mines, Miranda Gold and more
14 November 2014 GreenFlag Ventures has signed a deal to acquire a 51% interest in the Kouroussa gold mining project in eastern...

South Australia to increase mineral and energy resource production to $10bn
14 November 2014 The South Australian Government is planning to increase the value of mineral and energy resource production to $10bn a year by 2017, creating 5,000 new...

Codelco secures $300m loan from Export Development Canada
13 November 2014 Chile's state-owned copper production company Corporación Nacional del Cobre de Chile (Codelco) has secured a $300m loan from Export Development Canada...

Dongfang coal mine missing workers presumed dead
13 November 2014 China has declared the deaths of 21 miners who had been trapped inside the collapsed Dongfang mine in Huainan...

Shenhua’s Watermark coal project in Australia moves ahead
13 November 2014 The New South Wales (NSW) Department of Planning and Environment has recommended Shenhua's Watermark coal project for approval, moving the $1bn development closer to...