Indian state-owned consortium International Coal Ventures (ICVL) is reportedly buying Rio Tinto’s assets in Mozambique for $108m.
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 resources.
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 Halmahera.
Arch Coal is closing down its operations at the Cumberland River Coal complex in the US in order to maintain its profitability amid falling prices.
Polish state-owned mining company KGHM expects to begin production at Sierra Gorda copper mine in Chile later this month.
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The Thiess Sedgman Projects joint venture is to design and construct a modular iron ore processing plant at Solomon mine in Western Australia under a $64m contract awarded by Fortescue Metals.
Blackthorn Resources has announced that a scoping study at the Kitumba Project in Zambia has confirmed the potential for a large open cut mine.