News, views and contacts from the global Mining industry
 

News Archive

Archive of industry news from the global mining industry

News By Date

August 2014

Top

China’s Zijin Mining looks to purchase gold projects in Africa
19 August 2014 China's largest gold miner Zijin Mining is planning to spend $1.3bn on buying further assets in Africa this year, to meet its production...

Imperial to raise $92m to clean-up Mount Polley mine spill in British Columbia
18 August 2014 Imperial Metals is planning to raise C100m ($92m) through debts to clean-up a spill following a breach at the tailings pond dam at its Mount Polley copper and gold mine in British Columbia,...

Rio Tinto to review options for Bougainville Copper in Papua New Guinea
18 August 2014 Rio Tinto is planning to review all options for its 53.83% stake in the Bougainville Copper (BCL), after a bill passed by the Autonomous Bougainville Government (ABG) last week stripped the...

OZ Minerals completes PFS on Carrapateena project in Australia
18 August 2014 Melbourne-based OZ Minerals has completed a pre-feasibility study (PFS) on its Carrapateena copper and gold project in Australia, claiming that it can generate $20.58bn of revenue during its...

Deals this week: Rio Tinto, New Gold, EMED Mining and more
15 August 2014 Rio Tinto's Turquoise Hill Resources, through its Oyu Tolgoi firm, has signed a power sector cooperation agreement with the Government of Mongolia for the construction of a power plant to feed...

BHP Billiton plans to sell $18.5bn worth non-performing assets
15 August 2014 Mining giant BHP Billiton plans to sell its non-performing assets, including the aluminium, bauxite and nickel businesses worth $18.5bn, in order to focus on key commodities such as iron...

Better use of equipment in open cut mines can boost productivity: PwC
15 August 2014 Better use of mining equipment in open cut mines can boost mining productivity and efficiency, according to the 'Mining for Efficiency' report by PricewaterhouseCoopers...

Queensland approves Adani Mining’s Galilee Basin coal rail line project
14 August 2014 The Queensland Government in Australia has approved the construction of Adani Mining's $2.2bn North Galilee rail project to serve its $15bn Carmichael coal...

Redhawk and Anglo American form JV to develop Copper Creek in Arizona
14 August 2014 Canadian-based resource exploration and development company Redhawk Resources has formed a joint venture (JV) with Anglo American to develop Redhawk's Copper Creek project in San Manuel,...

Mechel to invest $80.4m in mining equipment at Russian facilities
14 August 2014 Russia's Mechel Mining is planning to invest RUR2.9bn ($80.4m) on maintenance of its production facilities this...

Torex Gold secures $375m loan to develop El Limon-Guajes gold mine in Mexico
13 August 2014 Canadian gold mining firm Torex Gold Resources has raised a $375m loan from a group of banks through its subsidiary Minera Media Luna in order to develop its El Limon-Guajes project in...

Coal River plans to close five mines and lose 280 jobs in West Virginia
13 August 2014 Mining company Coal River Mining and Coal River Processing plans to close five mines and other support operations in Alum Creek and Julian regions of West Virginia, US, cutting 280...

AngloGold restarts operations at South African gold mines following earthquake
13 August 2014 AngloGold Ashanti is planning to resume operations at its Great Noligwa and Moab Khotsong mines in South Africa, which were halted due to a 5.3 magnitude earthquake on 5...

Glencore to cut 100 jobs at Newlands coal mine in Australia
12 August 2014 Anglo-Swiss mining giant Glencore will axe 100 jobs at its Newlands open cut coal mine near the Queensland Bowen Basin in Australia, to reduce costs amidst difficult market...

Rio Tinto’s Bougainville Copper loses mining rights in Papua New Guinea
12 August 2014 Rio Tinto subsidiary Bougainville Copper has lost its exploration and mining licences in Papua New Guinea after the government passed the Bougainville Mining (Transitional Arrangements) Bill...

Sandstorm partners with Franco-Nevada to buy True Gold’s gold stream
12 August 2014 A syndicate formed by Canada-based Sandstorm Gold and Franco-Nevada has signed an agreement with True Gold Mining to invest $100m in the Karma project in Burkina Faso, West...

ICVL to spend $300m to expand Benga mine in Mozambique
11 August 2014 Indian state-owned consortium International Coal Ventures (ICVL) has unveiled a plan to spend $300m on the expansion of coal production at the Benga mine in...

Mexico imposes water restriction following toxic spill from copper mine
11 August 2014 Mexican authorities have imposed restrictions on water supplies in some cities and towns in the northern part of the country, including the Sonora state capital of Hermosillo, following a spill...

ArcelorMittal declares force majeure at Liberia mines following Ebola outbreak
11 August 2014 ArcelorMittal has declared force majeure at its Yekepa and Buchanan mining operations in Liberia, following the outbreak of Ebola in West...

ZEISS introduces automated mineral analysis system
08 August 2014 ZEISS has launched automated mineralogy solution Mineralogic Mining, which can perform petrological analysis to quantify minerals in...

Hangar8 Aviation expects private aviation to grow in mining industry
08 August 2014 UK-based Hangar8 Aviation expects private aviation in the mining and gas industries to rise as companies are looking to charter services to meet their complex travel...