Global miner Rio Tinto on Tuesday refuted suggestions that the underground mine development and financing plan (UDP) or any other foundational agreements for the Oyu Tolgoi mine, in Mongolian, were illegal.
This comes as the Administrative Court uphel…
Rio Tinto refutes claims that Oyu Tolgoi agreements are illegal Read More »
Russian Platinum, VTB Bank and Russia’s Direct Investment Fund (RDIF) are seeking partners from the Middle East for a joint venture with Norilsk Nickel, businessman Musa Bazhaev told Russian President Vladimir Putin on Monday.
Bazhaev, who is a financ…
Russian firms seek Middle East partners for Nornickel JV Read More »
Canadian lithium junior Nemaska Lithium on Friday announced that activities at the Whabouchi project would be shut down “shortly”, while efforts to complete an “optimised project financing structure” continued.
The announcement put further pressure on…
Nemaska prepares Whabouchi for shutdown Read More »
British Australian mining giant Rio Tinto has indicated that it intends to exercise its options under a 2017 option-and-joint-venture agreement with Saskatoon-based explorer Star Diamonds, which owns the Fort a la Corne kimberlites in central Saskatche…
Rio Tinto to exercise Star Diamond options Read More »
NYSE-listed Arch Coal on Friday announced that it had discontinued longwall operations at its Mountain Laurel mine in Logan county, West Virginia, three months earlier than planned. The move is expected to reduce Arch’s fourth quarter coking coal volu…
Arch Coal accelerates Mountain Laurel transition to room-and-pillar Read More »
Lead, zinc and silver developer Europa Metals is starting a further diamond drilling campaign at its Toral zinc, lead, silver project, in Spain, focusing on a target area to the west of the current indicated resource within the existing inferred zone. …
Europa starts additional drilling at Toral Read More »
Funding has been secured to ensure that the construction of the Phase 2 leach pad at the Florida Canyon gold mine, in Nevada, remains on track for completion in the second quarter of next year, TSX- and NYSE American-listed Alio Gold reported on Thursd…
$15m Sprott loan to finance Phase 2 at Florida Canyon Read More »
The Öksüt project, in Turkey, is moving into operation and will soon be Canadian miner Centerra Gold’s third source of gold production, company president and CEO Scott Perry announced on Thursday.
He said the project had started crushing stockpiled or…
Öksüt will soon be Centerra’s third source of gold production Read More »
The board of Toronto-headquartered Largo Resources has approved the construction of a ferrovanadium conversion plant at the Maracás Menchen mine, in Brazil.
The construction of the company’s own ferrovanadium conversion plant creates downstream advant…
Largo board approves ferrovanadium conversion plant Read More »
The Geological Survey of Ireland’s ‘Tellus’ airborne geophysical survey, covering TSX-V-listed explorer Group Eleven’s Stonepark, PG West and Silvermines zinc projects, have yielded some “large surprises”, including a number of previously unknown geolo…
Ireland airborne survey yields ‘large surprises’, says Group Eleven Read More »
