Angola’s Sociedade Mineira de Catoca, which operate the namesake diamond mine in the sub-Saharan Africa’s country, has reduced mining and processing operations as demand remains weak due to the global covid-19 pandemic.
News ID: 9585 Publish Date : 2020/05/21
Altamira Gold (TSXV: ALTA) received a second environmental permit required for the trial mining licenses with respect to claim 866.070/2004 for its advanced Cajueiro gold project in Brazil.
News ID: 9583 Publish Date : 2020/05/21
Pure Gold Mining (TSXV:PGM, LSE:PUR) announced on Wednesday it has arranged a private placement with billionaire Canadian mining investor Eric Sprott, who will purchase 9.87 million common shares of the company at C$1.52 per share for gross proceeds of C$15 million.
News ID: 9578 Publish Date : 2020/05/21
Newcrest Mining Ltd on Wednesday said it had achieved sufficient water levels at its Cadia gold and copper mine, easing production-related concerns at the New South Wales-based project for at least two years.
News ID: 9575 Publish Date : 2020/05/21
The Finnish Financial Supervisory Authority has today on May 20, 2020, approved a supplement to the Finnish language demerger prospectus (the “Prospectus”) relating to the combination of Outotec Oyj (“Outotec”) and Metso Corporation’s (“Metso”) Minerals business (the “Metso Minerals Business”).
News ID: 9569 Publish Date : 2020/05/21
Some 50 trillion rials (over $1.1 billion) worth of mining projects were handed over to the private sector in the previous Iranian calendar year (ended on March 19), Iran Minerals Production and Supply Company (IMPASCO), announced.
News ID: 9563 Publish Date : 2020/05/21
IMIDRO in line with its social responsibility role and in order to supply water for industries in west part of Bandar Abbas will perform Bandar Abbas wastewater treatment plant transmission project, Gharibpour said.
News ID: 9532 Publish Date : 2020/05/18
The resumption of halted operations at coking coal mines in the US comes amid signs of potential improvements in demand. But buyers and producers are still uniformly cautious about recovery for the rest of 2020.
News ID: 9494 Publish Date : 2020/05/15
Canada’s Pure Gold Mining (TSX-V: PGM) (LON: PUR) said on Monday that its Madsen mine in Red Lake, Ontario, the only bullion project under construction in the country, remains on track to pour its first gold by the end of 2020.
News ID: 9485 Publish Date : 2020/05/12
Canadian precious metals miner SSR Mining (NASDAQ, TSX: SSRM) has agreed to buy Alacer Gold (TSX: ASR, ASX: AQG) in an all-stock, zero-premium deal valued at C$2.41 billion ($1.72 billion).
News ID: 9484 Publish Date : 2020/05/12
Mine developers scrambling to fund projects to meet forecast demand for battery metals see the threat of looming supply crunches as a trigger for electric-vehicle makers to step in with investments.
News ID: 9482 Publish Date : 2020/05/12
Ecuador-focused miner SolGold (LON, TSX:SOLG) has secured up to $150 million from streaming company Franco Nevada (TSX, NYSE: FNV), which it will use to develop its Alpala copper-gold project.
News ID: 9480 Publish Date : 2020/05/12
Indonesia’s government and a parliamentary committee overseeing mineral resources on Monday agreed on revisions to the country’s mining law which include changes to the rules on concession size and the permit length.
News ID: 9479 Publish Date : 2020/05/12
Copper Mountain Mining has improved the economics of its Eva copper project in Queensland, Australia, with an updated feasibility study showing a longer mine life, increased production and lower cash costs.
News ID: 9468 Publish Date : 2020/05/08
Australia-focused market analyst Resources Monitor issued a short report stating that the island country is bound to overtake China in 2021 as the world’s largest gold producer.
News ID: 9466 Publish Date : 2020/05/11
Rio Tinto (ASX, LON, NYSE: RIO) announced this weekend that it is introducing covid-19 testing at its Diavik diamond mine in Canada.
News ID: 9465 Publish Date : 2020/05/11
Chile’s Mining Minister Baldo Prokurica ordered that the building that houses his office be disinfected using quaternary ammonium enhanced with copper nanoparticles. This, in an effort to avoid the spread of covid-19.
News ID: 9464 Publish Date : 2020/05/11
Nearly 90 cases of the novel coronavirus have been recorded among employees of Polyus Krasnoyarsk, a unit of Russia’s largest gold producer Polyus, the regional branch of Russia’s consumer health watchdog said on Saturday.
News ID: 9463 Publish Date : 2020/05/11
Canada’s Lucara Diamond (TSX:LUC) has become the latest miner impacted by how hard the coronavirus is hitting the sector as it posted a net loss of $3.2 million, or $0.01 a share, for the first three months of the year.
News ID: 9441 Publish Date : 2020/05/09
Soluna Australia, a 50-50 partnership between Lithium Australia NL and DLG Energy (China), and Northern Mineralshave executed a letter of intent to develop a renewable power and battery storage facility at NTU’s Browns Range rare earth operation in Western Australia.
News ID: 9433 Publish Date : 2020/05/09
