Exploration and Projects - Page 2

Tombstone receives US exploration permits
Thursday, September 29, 2011 Tombstone Exploration has received approval from the Arizona State Land Department for four new state permits, which cover an 8km² area at the eastern edge of the Tombstone Mining...

TSJV secures construction contract for Australian coal mine plant
Thursday, September 29, 2011 Macarthur Coal has awarded Theiss Sedgman (TSJV) an A$85m ($84.5m) contract for the construction of a new coal handling and preparation plant (CHPP) in...

Victory Nickel to start development of Canadian nickel mine
Wednesday, September 21, 2011 Victory Nickel has received approval from its board of directors for the development of the Minago sulphide nickel mine located on the Thomson Nickel Belt in central Manitoba,...

China to expand Indian Ocean activities
Tuesday, September 20, 2011 China is planning to expand its mineral exploration activities in the seabed of the Indian Ocean. The nation received approval from the International Seabed Authority (ISA) to...

Banpu Minerals to acquire Hunnu Coal
Tuesday, September 13, 2011 Banpu Public's subsidiary Banpu Minerals has entered into a bid implementation deed to acquire all the shares of Hunnu Coal for an estimated value of A$477m (US$498m). Thailand-based Banpu...

Lundin Mining completes feasibility study for Portuguese project
Monday, September 12, 2011 Lundin Mining has completed a feasibility study for the Lombador Phase I project near Neves-Corvo mine located in Portugal. According to the feasibility study, the total initial capital cost...

Murchison Metals Receives EPA Approval for Australian Project
Thursday, August 18, 2011 Murchison Metals has received approval from the Environmental Protection Authority of Western Australia (EPA) for the Jack Hills expansion project (JHEP) at the Jack Hills iron ore mine in...

Detour Gold Secures More Funds for Mining Fleet
Thursday, August 18, 2011 Detour Gold has executed a term sheet with Caterpillar Financial Services for additional funding for its mining fleet. Cat Financial will provide $40m to fund the company's acquisition...

Royal Bafokeng to Expand South African Platinum Project
Thursday, August 18, 2011 Royal Bafokeng Platinum is planning a R10bn ($1.4bn) expansion of the Styldrift II project in South Africa to increase its platinum production. The expansion follows the rise in demand...

Molycorp to Produce Rare Earth Materials for Hitachi Metals
Tuesday, August 16, 2011 Rare earth oxides producer Molycorp has agreed to supply rare earth magnetic materials, including didymium metal and alloy, to Japanese firm Hitachi Metals. Under the three-year...

Macmahon Awarded Several Australian Mining Contracts
Tuesday, August 16, 2011 Contract mining and construction firm Macmahon Holdings has secured various Australian mining contracts worth $90m. The first contract involves predevelopment work adjacent to current...

Anvil to Start Copper Production from DRC Mine
Tuesday, August 16, 2011 Anvil Mining is planning to start commercial production of copper at its newly constructed plant at the Kinsevere copper mine in the Democratic Republic of Congo (DRC) in the current quarter. ...

Nautilus Secures Exploration Licences in Fijian Tenements
Monday, August 15, 2011 Nautilus Minerals has secured 14 special prospecting licences covering a total of approximately 60,000km² in offshore Fiji and has become the first private company to receive...

Elenilto and Sesa Goa to Invest $2.6bn for Western Cluster
Friday, August 12, 2011 Indian firm Sesa Goa and Elenilto Minerals & Mining are planning to invest more than $2.6bn in Liberian iron ore firm Western Cluster. Elenilto Minerals & Mining will invest $77m while Sesa...

Mechel, Somani Group Form JV for Coal Operations
Tuesday, August 09, 2011 Russian mining firm Mechel has formed a joint venture with India-based Somani Group to meet the growing demand of coal. The JV, Mechel Somani Carbon, will receive coal from Mechel's mines...

CIL to Invest $6bn in Indian Mining Projects
Monday, August 08, 2011 Coal India is planning to invest about INR280bn ($6.2bn) in 68 coal mining projects in India, which have a production capacity of 230 million tonnes per annum. The investment will fund...

Xstrata to Develop Nickel Projects in Canada
Thursday, August 04, 2011 Swiss-based mining company Xstrata will spend $649m to develop two nickel projects in Canada. The company's nickel unit will invest $530m in the expansion of the Raglan project in...

Xstrata Starts Construction of Australian Mine
Friday, July 29, 2011 Xstrata Zinc has started construction work in Queensland, Australia, to develop the high-grade zinc-lead-silver Lady Loretta deposit as a new greenfield underground mine. The work will...

KBR Secures EPC Contract for US Project
Wednesday, July 27, 2011 Molycorp's subsidiary has awarded an engineering, procurement and construction contract to KBR to construct a new chlor-alkali plant at its $781m Project Phoenix in California, US. The...

TOML Receives Exploration Licences in Eastern Pacific
Tuesday, July 26, 2011 Nautilus Minerals subsidiary, Tonga Offshore Mining (TOML), has been granted exploration licences in the Clarion Clipperton Zone (CCZ) of the Eastern Pacific region from the International...