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July 2014

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Rio Tinto sells Mozambique coal mines to Indian consortium ICVL for $50m
30 July 2014 Rio Tinto has agreed to sell its coal assets in Mozambique to Indian state-owned consortium International Coal Ventures (ICVL) for...

South Australia approves Rex Minerals’ mining lease for Hillside project
30 July 2014 The South Australian Government has granted a mining lease to Rex Minerals' $800m Hillside copper, gold and iron ore project near Ardrossan on the Yorke...

Newmont Mining to invest up to $1bn on Merian gold mine in Suriname
30 July 2014 Newmont Mining has announced plans to invest around $900m to $1bn in developing the Merian gold mine in...

Mining deaths in US rise to 22 in first half of the year, says MSHA
29 July 2014 Twenty-two mine workers have died in various mining accidents across the US during the first half of the year, according to a report by the US Department of Labor's Mine Safety and...

Exxaro buys Total’s South African coal mines for $472m
29 July 2014 Mining group Exxaro Resources has agreed to buy Total's South African coal mines for $472m, to expand its portfolio in the...

Indian consortium ICVL to buy Rio Tinto’s Mozambique coal assets
28 July 2014 Indian state-owned consortium International Coal Ventures (ICVL) is reportedly buying Rio Tinto's assets in Mozambique for...

Australia approves Carmichael Coal Mine project amid protests from green groups
28 July 2014 The Australian Government has approved the A$16.5bn Carmichael coal mine and rail infrastructure project in the Galilee Basin but imposed 36 conditions to safeguard the surrounding natural...

Improving productivity is the biggest challenge in the mining industry: Ernst & Young
28 July 2014 Improving productivity is the biggest challenge being faced by the global mining and metal companies, according to a report by Ernst & Young...

Deals this week: San Gold, Denison Mines, Kiska Metals and more
25 July 2014 Canada-based San Gold has signed a non-binding letter of intent (LoI) to buy Kerr Mines which will give it ownership of Copperstone gold mine in...

BHP and Anglo American look to sell manganese assets in South Africa and Australia
25 July 2014 Mining giants BHP Billiton and Anglo American are planning to sell their jointly owned manganese assets, including two mines in South Africa, one in Australia and processing plants in both...

Codelco modifies Andina mine proposal to clear environmental hurdle in Chile
25 July 2014 Chile state-owned copper producer Codelco has submitted a modified proposal for its $6.8bn Andina 244 project, after locals opposed it fearing impact on glaciers and water resources in the...

Two killed and 17 trapped in Colombia gold mine collapse
24 July 2014 Two people have died and were nine injured after an open-pit gold mine collapsed in the south-west region of the Cauca province in Colombia....

Explosion in Philippines gold mine kills four
24 July 2014 Four mining workers have been killed in an explosion that ripped through a gold mine shaft in southern...

Southeastern Illinois College breaks ground on simulated mine training facility
24 July 2014 Southeastern Illinois College (SIC) in Illinois, US, has broken ground on a simulated mine training facility, which is expected to educate more than 1,000 miners a...

Rio Tinto plans to open the biggest iron ore mine in Pilbara
23 July 2014 Rio Tinto's Hamersley Iron - Yandi unit plans to open the Pocket and Billiard South iron ore pit at its Yandicoogina operations in the Pilbara region of Western...

Besra suspends gold mining operations in Vietnam over tax dispute
23 July 2014 Gold mining company Besra has suspended operations at its Bong Mieu and Phuoc Son sites in central Vietnam, alleging 'coercive measures' by the provincial Quang Nam tax...

De Beers selects Murray & Roberts for Venetia underground mine
23 July 2014 Diamond mining company De Beers has awarded a ZAR2.6bn ($245m) contract to Murray & Roberts Cementation (M&R) for the transformation of its Venetia open pit mine into an underground...

Direct Nickel and Antam to raise $1bn for processing plant in Indonesia
22 July 2014 Australian mining company Direct Nickel and Indonesia’s state-owned Aneka Tambang (Antam) are planning to raise finances for their $1bn nickel laterite deposits processing plant in...

Arch Coal shuts down production at Cumberland River Coal complex in US
22 July 2014 Arch Coal is closing down its operations at the Cumberland River Coal complex in the US in order to maintain its profitability amid falling...

MMG close to completing Las Bambas copper mine acquisition in Peru
22 July 2014 Australia-based MMG is a step closer to completing the acquisition process of Las Bambas copper mine in Peru, with all its shareholders giving their consent to the $5.8bn...

Zimplats cuts platinum production in half after mine collapse in Zimbabwe
21 July 2014 The Bimba mine operated by Zimplats, Zimbabwean unit of Impala Platinum Holdings, has collapsed at the Ngezi site, impacting nearly 50% of its...