The US coal industry received welcome support at the end of January when, in his State of the Union address, President Bush emphasized the role clean coal technologies can play in lessening US dependence on foreign oil. In his speech he unveiled the Advanced Energy Initiative, a new federal programme that calls for a 22% […]

Mechel has sold of a coal mining subsidiary in Kazakhstan, Mechel Coal Resources TOO, for approximately $12 million. Acquired in 2003, Mechel Coal Resources at that time consisted of a closed coal mine and a coal washing plant. By 2005, the mining operations had been brought back into production, but output was only 23,000 t […]

Allegiance Mining cut a 50 m length of the Central Avebury orebody from the lower level of the Avebury nickel mine in Tasmania, Australia, during January and some 5,000 t of nickel sulphide bearing ore was produced. The ore was crushed and trucked to the Hellyer Mill located 125 km north of Avebury for metallurgical […]

PT Newmont Minahasa Raya (PTNMR), and the Government of Indonesia have signed a scientific monitoring agreement as part of an effort to resolve the long-standing Buyat Bay controversy. The agreement also provides for enhanced community development programs in North Sulawesi. The Government and PTNMR will nominate members to an independent scientific panel that will develop […]

Etruscan Resources has received an offer of debt financing aggregating $33.5 million from the FirstRand Bank Group of South Africa and Macquarie Bank of Australia to complete the construction of the Youga gold mine in Burkina Faso. The project lies some 4 km north of the Ghanaian border and 180 km southwest of Ougadougou, the […]

African Copper has received the initial capital cost estimates for an underground mine and flotation concentrator on its Dukwe Copper project in Botswana from Project Managers Read Swatman & Voight, with Senet producing all the process plant designs. A total of approximately $37 million is estimated in direct costs to construct a 350 t/h three-stage […]