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July 2015

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Research finds 93% Australian mining leaders not optimistic about growth prospects
31 July 2015 A new report by Newport Consulting has found that around 93% of mining leaders in Australia are not optimistic about their growth prospects for the next year....

Barrick Gold to sell 50% stake in Chile’s Zaldívar mine to Antofagasta for $1bn
31 July 2015 Barrick Gold has signed an agreement to sell a 50% interest in Chile's Zaldívar copper mine to Antofagasta for $1bn....

Nautilus Minerals awards Solwara 1 dewatering plant design contract to DRA
31 July 2015 Canadian underwater mineral exploration company Nautilus Minerals has awarded a contract to the Brisbane office of the DRA Group (DRA) for the detailed design of the Solwara 1 dewatering...

Around 10,000 jobs in South Africa at risk as mining firms announce production cuts
30 July 2015 Appoximately 10,000 jobs in South Africa are expected to be cut due to a number of producers opting to slash production at major mines....

US Senators announce new legislation to improve royalties from coal mines
30 July 2015 US Senators Ron Wyden, of Oregon, and Tom Udall, of New Mexico, have introduced a new bill to enable taxpayers in the country to receive royalties for the full value of coal produced on public lands....

NRW secures mining and ore haulage contract from Rio Tinto in Australia
30 July 2015 Rio Tinto has awarded a contract to NRW for contract mining and ore haulage to help boost production at Nammuldi iron ore mine....

Production hit at Yellow Giant gold mine in British Colombia after pollution violation notice
30 July 2015 Production at Banks Island Gold's Yellow Giant gold mine in British Columbia (BC) has been hit after the company received pollution violation notice following a insdustrial water spill....

Gibson Mining fined $30,000 for work safety breaches
29 July 2015 Mt Gibson Mining has been fined A$30,000 by the Western Australia Government for safety breaches relating to work at heights....

MMG approves updated plan for Dugald River zinc project in Australia
29 July 2015 Australian-Chinese global resources company MMG has given its approval for Dugald River zinc project's updated development plan in North-West Queensland, Australia....

India’s ICVL plans to boost production at Benga mine in Mozambique
29 July 2015 India-based International Coal Venture (ICVL) has announced plans to increase annual production at its Benga mine over the next five years....

Alrosa turns Udachnaya diamond mine in Russia to underground operation
29 July 2015 Russian diamond producer Alrosa has shifted operations at its Udachnaya pipe, one of the oldest kimberlite pipes in Western Yakutia, from open-pit to underground mining....

CAE sells mining software division to Constellation Software
28 July 2015 Canadian flight-simulator software company CAE has sold its mining software business to Constellation Software....

Newmont Mining sells stake in Swiss gold refiner Valcambi
28 July 2015 India-based jewellery maker Rajesh Exports has acquired the 100% stake in European Gold Refineries Holding, which owns Switzerland-based Valcambi, through its Singapore subsidiary for $400m,...

Vedanta begins work on Gamsberg zinc project in South Africa
28 July 2015 Vedanta Zinc International has started work on its Gamsberg project in South Africa, targeting to start production of the first ore in early 2018....

17 workers rescued from two mine accidents in China
27 July 2015 Eleven miners trapped underground in China's Yunnan Province have been rescued, while another six workers have been saved from a flooded coal mine in Heilongjiang Province....

MacMines Austasia submits EIS for $6.7bn Stone Coal Project
27 July 2015 MacMines Austasia, the Chinese-owned company planning to develop $6.7bn China Stone Coal project in Queensland, has submitted the environmental impact statement (EIS) for the project....

Anglo American and Lonmin to cut thousands of jobs
27 July 2015 UK-based mining firms Anglo American and Lonmin have announced plans to cut thousands of jobs amid a slump in commodity prices....

Lundin Mining secures EIA approval for Chile’s Candelaria copper mine
24 July 2015 Canada’s Lundin Mining has received the environmental impact assessment (EIA) approval for its Candelaria copper mine located in Atacama, Chile....

Barrick completes sale of Cowal mine in Australia for $550m
24 July 2015 Barrick Gold has completed the previously announced sale of its Cowal mine in New South Wales, Australia, to Evolution Mining for $550m. ...

BHP Billiton to invest $240m in new tugs and tug harbour
24 July 2015 Mining major BHP Billiton has announced a $240m approval to purchase six additional tugs and construct a new eight pen Tug Harbour at Hunt Point in the Port Hedland Port in Australia....

Deals this week: Caribou King Resources, Entrée Gold, Brazil Resources
24 July 2015 Caribou King Resources has signed an agreement to acquire Micron Investments, which holds an option to acquire 63% of the Aukam...