Barrick Says Fourmile Could Produce up to 750,000 Gold Oz Annually
Wedoany.com Report-Sept. 21, Barrick Mining (NYSE: B) has revealed significant developments in its Fourmile project in Nevada, positioning it as one of the most important gold discoveries of the centu...
Zijin Gold to Raise $3.2bn via Hong Kong IPO
Wedoany.com Report-Sept. 20, Zijin Gold International, a wholly owned subsidiary of China’s Zijin Mining, is set to raise HK$24.98 billion through an initial public offering (IPO) in Hong Kong. Th...
India Defers Hike in Low-Grade Iron Ore Export Duty
Wedoany.com Report-Sept. 19, India has postponed its plan to raise export duties on low-grade iron ore and pellets after facing strong objections from the domestic mining industry, according to Reuter...
BHP to Shutter Australia Coal Mine, Lay Off 750 Workers
Wedoany.com Report-Sept. 18, BHP (ASX, NYSE, LSE: BHP) will close its Saraji South joint venture coal mine in Queensland, Australia, in November, with around 750 employees to be laid off, according to...
Ukraine, US Launch Fund for Critical Minerals Projects With $150M Investment
Wedoany.com Report-Sept. 18, Ukraine and the US International Development Finance Corporation (DFC) will each provide $75 million to a joint investment fund linked to the minerals cooperation agreemen...
Inner Mongolia Halts 15 Coal Mines Over Capacity Breaches
Wedoany.com Report-Sept. 18, Inner Mongolia, one of China’s major coal-producing regions, has ordered 15 coal mines to halt operations after exceeding their approved production limits. This decision...
BHP, Lundin Mining Bet $400M on Argentina Copper Hub
Wedoany.com Report-Sept. 18, BHP (ASX, NYSE: BHP) and Lundin Mining’s (TSX: LUN) joint venture in Argentina, Vicuña Corp, is investing over $400 million near the Chilean border to develop a signifi...
Indian Miner Vedanta to Continue Coal as Primary Energy Source
Wedoany.com Report-Sept. 18, Indian mining company Vedanta has announced that coal will remain the primary energy source for its operations, despite efforts to incorporate more renewable energy. Curre...
Alamos Gold to Sell Turkish Projects to Tümad for $470M
Wedoany.com Report-Sept. 17, Alamos Gold, a Canada-based gold producer, has reached an agreement to sell its development projects in Turkey to the local mining company Tümad Madencilik Sanayi ve Tica...
Fuerte Metals to Acquire Newmont’s Coffee Gold Project for up to $150M
Wedoany.com Report-Sept. 17, Fuerte Metals, a Canada-based mining company, has reached an agreement with Newmont Corporation to acquire the Coffee Gold Project in Yukon, Canada, for up to $150 million...