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Anglo Asian Mining to Enhance Gold Recovery With New Leach Plant at Gedabek Mine in Azerbaijan
May 11, 2012
Anglo Asian Mining today revealed plans to upgrade its leaching plant so that it can improve gold recoveries from the Gedabek mine in Azerbaijan. It says that gold recoveries will increase to 85 percent for oxide ore and up to 69…
Yanzhou Coal Proposes Spinoff, Listing of Australia Unit
May 11, 2012
China’s Yanzhou Coal Mining Co Ltd said on Friday that it plans to spin off and list its Australian unit Yancoal Australia after a merger between the unit and Gloucester Coal Ltd is complete. “Yancoal Australia will be separately listed on…
Avion Temporarily Suspends Mill Expansion Plans at the Tabakoto Mine in Mali Due to Military Coup
May 10, 2012
Avion Gold Corporation’s mill expansion project has reluctantly been temporarily suspended due to business disruptions associated with the military coup in Mali. Mining and milling operations continue at site with Avion’s existing mill. Suspension of the expansion plans is a direct…
South Africa Ready to Test Carbon Storage by 2017
May 9, 2012
South Africa is likely to be ready to test-inject carbon dioxide into underground storage cavities from 2017 in a bid to determine whether “carbon capture and storage” technology is viable, the head of the South African Centre for Carbon Capture and…
Borneo Resource Investments Acquires Coal Concession in Indonesia
May 9, 2012
Borneo Resource Investments has signed an agreement to acquire 90 percent of BT Berkat Banua Masanggu which holds a 8,800 hectare (approximately 21,745 acres) thermal coal mining concession in the South Kalimantan Province, Indonesia. The concession contains estimated reserves of approximately…
Finning Awarded $96 Million Equipment Deal with U.K. Based Hargreaves Service
May 9, 2012
Finning International Inc, the world’s largest Caterpillar dealer, has a won a seven-year mining equipment and service contract with U.K.-based Hargreaves Services plc worth about $96 million. The announcement by Vancouver-based Finning is the first “shovel deal” since the January 18…
OneSteel Rebrands, Changes Name to Reflect New Direction as a Miner and Materials Exporter
May 9, 2012
OneSteel will change its name to Arrium Limited to reflect the company’s transformation from a steel manufacturer to a miner and materials exporter. The decision to change OneSteel’s name was made at an Extraordinary General Meeting in Sydney today. OneSteel Chairman…
Kazakh Copper Miners End Three-Day Underground Strike at Annensky Mine in Central Kazakhstan
May 8, 2012
About 300 Kazakh miners called off an underground strike on Sunday, accepting a promise of higher wages from employer Kazakhmys after a three-day protest that unnerved authorities in the Central Asian state following deadly riots in an oil town. London-listed Kazakhmys,…
Raptor Resources Holdings Launches New Web Site Emerging as Hard Asset & Natural Resources Company
May 8, 2012
Raptor Resources Holdings has released its long-awaited web site, emerging as a Hard Asset and Natural Resources sector company. Since the acquisition of Lantis Laser Inc. in May 2011, the company has embarked on a series of strategic objectives to create…
BHP Billiton Expands Hearing Protection Contract in Australia
May 8, 2012
Sonomax Technologies has reported that BHP Billiton Iron Ore, through its distributor Australasian Safety Services, has agreed to protect an additional 4,000 workers in its facilities in Western Australia, a contract valued at $600,000. The product used to protect these workers…
