All articles by Samseer M
Newmont Mining sells stake in Swiss gold refiner Valcambi
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, which includes the stake of Newmont Mining.
Vedanta begins work on Gamsberg zinc project in South Africa
Vedanta Zinc International has started work on its Gamsberg project in South Africa, targeting to start production of the first ore in early 2018.
Centennial Coal shuts down Angus Place mine in Australia
Centennial Coal has decided to put its Angus Place mine at Western Coalfields in New South Wales under care and maintenance due to falling prices of international coal.
Freeport Indonesia mine workers to strike for one month
Freeport-McMoRan’s Indonesian gold and copper mine workers will go on strike from next week for a period of one month due to concerns about worker safety.
Turkish coal mine flood traps 18 workers underground
Around 18 mine workers are trapped underground due to accidental flooding in a coal mine in southern Turkey.
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First iron ore ships from Anglo American’s Minas-Rio operation in Brazil
Anglo American has started shipping first the iron ore produced from its Minas-Rio project in Brazil to customers in China.
Mount Gibson Iron temporarily halts Koolan Island operations in Australia
Australian miner Mount Gibson Iron has temporarily stopped activity at its Koolan Island’s main pit for four weeks, as a precautionary measure against instability in the upper part of the pit.
Coal mine accident in China kills 16 people
A coal mine has collapsed in the Tiechanggou township near China’s far western region of Xinjiang, leaving 16 workers dead and 11 others injured.