International Mining Project News will go out to subscribers on January 4. Could it be that Gabriel Resources will finally be able to get the Rosia Montana gold project in Romania into production - potentially Europe’s largest gold mine? It has closed a private placement with BSG Capital Markets for proceeds to the company of […]
Rio Tinto’s Yandicoogina, Australia’s largest-producing iron ore mine, has broken the 50 Mt mark for annual production for the first time. The milestone, all the more unexpected following the slump in demand for iron ore in early 2009 together with severe flood-damage to rail operations, highlighted the substantial gains achieved through Rio Tinto’s integrated network […]
IAMGOLD has completed the acquisition of an additional 3% share in Soc d’Exploitation des Mines d’Or de Sadiola (SEMOS), which owns the Sadiola gold mine in Mali from the International Finance Corp. Joseph Conway, President and CEO said, “The acquisition of an additional 3% share in Sadiola illustrates the confidence we have in the future of this mine. […]
China, which is the world’s second-largest energy user, may consume between 4 and 6% more coal next year on continued economic growth, China Securities Journal said, reporting on a forecast from the China National Coal Association. Demand from the world’s biggest producer and consumer of coal could be about 3,400 Mt from this year, the newspaper […]
Tenova TAKRAF has won a turnkey contract for the supply of one SRs2000 bucketwheel excavator for the coal mine extension operated by the Zhahanaoer branch of the CPE Mengdong Energy Group. The Zhahanaoer coalfield lies at the northwest end of Togliao city in China’s Inner Mongolia Autonomous District. The open pit mine is situated on a […]
For mining companies, a long-term licence to operate depends on a capacity to renew existing commitments while seeking new solutions to environmental concerns.Sustainability best practice recognises the need to reduce a site’s ecological footprint, so it is logical to include any mine camp in this equation. Many companies have been embedding sustainability principles into mine camp […]
