Categories :
Mining Project
Update :
Apr
09
2012
Agnew Gold Mine is located 1,000km northeast of Perth in Western Australia. It is owned and operated by South African company Gold Fields. The gold is being extracted by underground mining at the Waroonga Underground Complex. The Agnew gold deposit was first discovered in 1897. Initial mining activities were carried out by Waroonga Gold Mines [...]
Categories :
Mining Project
Update :
Apr
09
2012
Located near Kamloops in British Columbia, Canada, the Afton-Ajax copper-gold project is being developed by New Gold and Abacus mining and Exploration. The development area, Afton-Ajax Cu-Au District, is operated by Abacus. The mine contains approximately 80% surface resources and 20% underground resources. The open-pit resources are owned by Abacus, which also owns 60% of [...]
Categories :
Mining News
Update :
Apr
09
2012
India’s growing construction activities, especially in roads, highways and urban infrastructure sector has been fuelling the demands for crushing and screening plants. With India’s rapid growth and need to urbanize, there has been lot of urban infrastructure projects that stated simultaneously in recent years. These gave rise to the demand in the market for crushing [...]
Categories :
Africa and Middle East
Update :
Feb
01
2012
Coalspur Mines has completed a bankable feasibility study (BFS) at its Vista Coal Project in Alberta, Canada. The BFS defined a 30-year mine life producing approximately 11.2 million tonnes per annum (Mtpa) of marketable clean coal. The estimate was given from processing of approximately 20.4Mtpa of run of mine (ROM) coal on Vista, after ramp-up [...]
Categories :
Africa and Middle East
Update :
Feb
01
2012
Gold One International has completed the acquisition of Rand Uranium for $250m. The company fulfilled all conditions of the acquisition from Rand Uranium shareholders Pamodzi Uranium, Pamodzi Cooke and Armgold/Harmony Joint Investment Company. Gold One completes acquisition of Rand Uranium The deal was closed and declared unconditional last week, Gold One announced. The firm paid [...]
Categories :
Africa and Middle East
Update :
Dec
30
2011
Anglo American has commissioned its new 9Mtpa Kolomela iron ore mine in South Africa’s Northern Cape and the mine has shipped its first product of 100,000t of iron ore lump from the port of Saldanha to customers in China. The company said that Kolomela has been commissioned five months ahead of schedule, on budget. Anglo [...]
Categories :
Africa and Middle East
Update :
Dec
28
2011
Perseus mining have announced a 954,000oz increase in measured and indicated (M&I) mineral resources at its Edikan Gold Mine (EGM), located in Ghana. Currently, the M&I mineral resources at EGM stand at 143.9Mt and contain 5.3 million ounces of gold. Perseus’s total M&I mineral resources increased to 184.5Mt containing 6.7 million ounces of gold while [...]
Categories :
Africa and Middle East
Update :
Dec
27
2011
Affero mining has unveiled plans to divest its 38.5% stake in the Putu iron ore project located in Liberia to Lybica Holdings for $115m. Lybica, an associate company of Severstal Resources, currently owns 61.5% of the Putu joint venture project. Affero Mining and its wholly owned subsidiary Mano River Iron Ore Holdings have entered into [...]
Categories :
Africa and Middle East
Update :
Dec
27
2011
Global mining company BHP Billiton said it will sell an 8% stake in its South African coal unit to a consortium led by the Pembani Group for an undisclosed sum. The equity interest in BHP Billiton Energy Coal South Africa (BECSA) will be transferred to the Pembani group, following into a black economic empowerment (BEE) [...]
Categories :
Africa and Middle East
Update :
Dec
27
2011
Glencore International has acquired an 80.08% stake in Rosh Pinah Zinc Corporation, a zinc and lead miner in Namibia, for an undisclosed sum. A subsidiary of Glencore acquired 50.04%, held by Exxaro Base Metals and Industrial Holdings in Rosh Pinah, and a further 30.04% from PE Minerals and Jaguar Investments Four. The transaction is subject [...]