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February 2015

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Glencore to cut coal production at Australian mines
27 February 2015 Glencore has announced its plans to reduce this year's production by 15 million tonnes to align coal output with existing customer...

Deals this week: Great Panther, Canarc Resource, Coalspur Mines
27 February 2015 Great Panther silver has signed an agreement to acquire all of the issued and outstanding common shares of...

Fortbridge's Fund Finder app connects junior mining companies with investors
27 February 2015 Australia's Fortbridge has launched a new application to help junior mining and energy companies locate investors more easily and...

Rio Tinto will optimise operations to reduce costs
27 February 2015 Rio Tinto has announced new cost-cutting measures such as streamlining its product groups and corporate...

Maine reviews its mining regulations to support more projects, US
26 February 2015 The state of Maine in the US plans to review its mining regulations, in an effort to enable a Canadian company to build an open pit copper and gold mine at Bald...

Greece will not block Eldorado’s gold mining operations
26 February 2015 An energy ministry official has said that Greece's new government will not oppose Canadian Eldorado Gold's mining operations in the...

US regulator rolls out online tools to track mine violations
26 February 2015 The US Mine Safety and Health Administration (MSHA) has launched two online tools to track safety violations commonly associated with mining...

Controversial Los Frailes mine in Aznalcóllar, Spain is to re-open
26 February 2015 Spain's Andalucían regional government is re-opening the controversial Los Frailes mine in Aznalcóllar, near...

Indonesia may double coal mining royalties in March
25 February 2015 The Indonesian Government plans to double coal royalties from next month, in addition to improving monitoring of the coal mining...

New Zealand’s toxic mine sites are to be cleaned up
25 February 2015 Two of New Zealand's contaminated mine sites will be cleaned of toxic substances following a funding agreement signed by the Ministry for the Environment and the Department of...

Indian state scraps $1bn JV project with Rio Tinto
25 February 2015 The Odisha State Government in India has decided to cancel its $1bn joint venture (JV) project with mining major Rio...

Magnetation to close iron ore concentrate facility in Minnesota, US
24 February 2015 Iron ore concentrate and pellet producer Magnetation has announced plans to close its Plant 1 iron ore concentrate facility in Keewatin, Minnesota, US, citing low global iron ore...

Codelco plans to purchase Anglo American's mines in Chile
24 February 2015 Chilean copper producer Codelco has announced that it is considering acquiring Anglo American's mines in the...

Miners strike over proposed closure of Barrick Gold’s Lumwana copper mine
23 February 2015 More than 2,000 unionised workers at Barrick Gold's Lumwana copper mine in Zambia are on strike, demanding to know what will happen to them when the business is...

Coeur Mining acquires Wharf gold mine from Goldcorp
23 February 2015 Coeur Mining has completed its previously announced acquisition of Wharf gold mine located near Lead, South Dakota from Goldcorp for...

486 people rescued from fire at Harmony Gold’s Kusasalethu gold mine
23 February 2015 South African mining company Harmony Gold has rescued 486 mining workers who were trapped underground at Kusasalethu mine, following an...

Indonesia to permit companies to renew mining contracts sooner
23 February 2015 Indonesia is preparing to allow mining companies to renew their contracts earlier than two years before the expiry...

Mongolia backs plan to end Rio Tinto’s Oyu Tolgoi copper mine dispute
20 February 2015 The Mongolian Parliament has supported a plan to resolve the long-running dispute with Rio Tinto regarding the Oyu Tolgoi copper...

Poland seeks EU approval to fund failing coal mines
20 February 2015 Poland is to seek approval from the European Commission for its plan to extend state funding to some loss-making coal...

IFC supports expansion of Ebola-hit New Liberty gold mine in Liberia
20 February 2015 A unit of World Bank, International Finance Corporation (IFC) has agreed to provide £5.3m to Aureus Mining to fund a revised mine plan at New Liberty in Liberia, due to the Ebola...

Deals this week: Agave Silver, Chaparral Gold, Sandstorm Gold
20 February 2015 Agave Silver has signed an agreement with Hastings Highland Resources for an exclusive option to earn a 90% interest in Hastings' Limerick Township nickel-copper property located in Ontario,...