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June 2015

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IMF accuses Congo Government of not providing details of Glencore deal
30 June 2015 The International Monetary Fund (IMF) has accused Congo's Government of not revealing the sale of state shares in a joint mining venture, breaching both its own regulations and terms agreed...

Mubadala and Trafigura sign agreement to create JV
30 June 2015 Abu Dhabi’s investment company Mubadala and Swiss oil-to-metals trader Trafigura Beheer have signed an agreement to create a 50/50 joint-venture company to invest in the base metals mining...

PotashCorp offers bid to buy K+S
29 June 2015 Canadian mining company Potash Corporation of Saskatchewan (PotashCorp) has confirmed its bid to acquire K+S Aktiengesellschaft in a deal worth an estimated $8bn....

Royal Nickel secures permit to begin construction on Dumont mine in Quebec
29 June 2015 Royal Nickel has secured the necessary permit to begin construction on a new nickel mine in Quebec, Canada, by early 2016....

Altona’s Cloncurry Project in Queensland gets $214m boost from Sichuan Railway Investment
29 June 2015 Altona Mining has finalised an agreement with Chinese construction group Sichuan Railway Investment (SRIG) to form a joint venture (JV) for Altona's Cloncurry Project in north-west...

Rio Tinto to build underground section of $5.4bn Oyu Tolgoi mine in Mongolia
29 June 2015 Rio Tinto has announced plans to construct the underground section of the $5.4bn Oyu Tolgoi copper and gold mine in Mongolia in 2015 with an investment of up to $300m....

GFS unveils new system for Caterpillar 793D Model truck
26 June 2015 Natural gas conversion systems manufacturer GFS has announced the launch of a new system designed for the Caterpillar 793D Model truck....

British Columbia to act on recommendations received on Mount Polley breach
26 June 2015 The British Columbia (BC) government in Canada is set to form an expert panel to determine the better way to implement the recommendations it received from an investigation of the Mount Polley...

Queensland to review $896m New Acland coal mine expansion approval
26 June 2015 The Queensland government is in the process of reassessing its approval of the proposed $896m expansion of New Hope Coal's controversial New Acland coal mine stage 3 project located north-west...

Deals this week: African Queen Mines, Mega Precious Metals, ICL
26 June 2015 African Queen Mines has signed a binding letter of intent with Athabasca Nuclear for the acquisition of the Yellowjacket Gold project in British Columbia, Canada....

Vale Canada awards engineering services contract to BluMetric Environmental
25 June 2015 Mining company Vale Canada has awarded a contract to cleantech company BluMetric Environmental to provide eco engineering services....

Energy Resources of Australia board members resign over Ranger Uranium Mine uncertainty
25 June 2015 Energy Resources of Australia (ERA) has announced that half of its board members have resigned following the halting of its final feasibility study for Kakadu's Ranger Uranium Mine development....

Sirius Minerals’ proposed $3.15bn potash mine project in UK national park faces opposition
25 June 2015 Sirius Minerals' proposed $3.15bn potash mine project in the UK's North Yorkshire Moors National Park is facing opposition from various organisations, claiming that the mine's economic benefits...

Adani halts engineering work at $12.5bn Carmichael coal mine in Australia
24 June 2015 Indian coal mining company Adani has temporarily stopped engineering work on its proposed A$16.5bn ($12.5bn) Carmichael coal mine in Australia....

Midway Gold files bankruptcy protection
24 June 2015 Midway Gold and some of its subsidiaries are set to file bankruptcy protection under chapter 11 of the bankruptcy code in the US Bankruptcy Court for the District of Colorado....

AIM Basic Resources index performance of mining companies increases in 2015
24 June 2015 The index performance for Alternative Investment Market (AIM) Basic Resources increased 19.4% in 2015, contrary to generation perception that the mining industry is under strain....

Amplats proposes to cut 420 managerial jobs from South African mines
24 June 2015 Anglo American Platinum (Amplats) subsidiary Rustenburg Platinum Mines (RPM) is set to layoff up to 420 managerial and supervisory jobs as it proposes to consolidate mining operations over...

Paladin Energy obtains regulatory approval to own uranium mine in Canada
23 June 2015 The Canadian Government has approved Paladin Energy’s proposed application to own majority stake in a uranium mine at the Michelin Project in the Central Mineral Belt of Labrador....

BHP Billiton's Svedala mill at Olympic Dam mine in South Australia restarts operations
23 June 2015 BHP Billiton has announced the restarting of the company's Svedala mill, which is part of its Olympic Dam surface mine processing operations in South Australia....

Savannah and Rio Tinto announce JV to develop mining prospects in Mozambique
23 June 2015 Savannah Resources subsidiary AME East Africa has agreed to form a joint venture (JV) with Rio Tinto International to combine their heavy mineral-sands prospects in Mozambique to develop...

RungePincockMinarco signs agreement for FlexSim’s simulation software
22 June 2015 Australia's RungePincockMinarco (RPM) has signed an agreement to acquire simulation software from US-based FlexSim Software Products....