Asia Pacific
Adani secures funding for $7bn Carmichael mine project in Australia
Adani Enterprises $7bn coal mine, rail and port project in Queensland, Australia, has received a loan of up to $1bn from the State Bank of India (SBI), coinciding with the high-profile visit of Indian prime minister Narendra Modi. ...
Asia Pacific
Rio Tinto and Sinosteel to extend Channar Mining JV for second time
Rio Tinto and Sinosteel have signed a heads of agreement to advance negotiations for a second extension to the Channar Mining iron ore joint venture (JV) in Western Australia's Pilbara region. The original Channar JV, which was signed...
Asia Pacific
Erdene starts resource drilling at Altan Nar project in Mongolia
Erdene Resource Development has begun resource definition drilling programme at its wholly owned Altan Nar gold-polymetallic project in the Tien Shan Gold Belt of south-west Mongolia. The drill programme aims to establish a near-surface, National Instrument (NI) 43-101-compliant...
Asia Pacific
South Australia to increase mineral and energy resource production to $10bn
The South Australian Government is planning to increase the value of mineral and energy resource production to $10bn a year by 2017, creating 5,000 new jobs. The government unveiled a resource production record of $7.5bn in 2013 to...
Africa
Anjin diamond in Zimbabwe losses US$ 300m due to European sanctions
The sanctions introduced in the European market have endangered the diamond industry in Zimbabwe as it has led to a major loss. Diamond miner, Anjin, has confirmed that it has so far since 2010 experienced a...
Asia Pacific
Dongfang coal mine missing workers presumed dead
China has declared the deaths of 21 miners who had been trapped inside the collapsed Dongfang mine in Huainan City. Confirmation has come two and half months after the accident ocurred in the eastern part of the country,...
Africa
US$ 350m mining investment to commence in Mali end of this year
A US$350m gold mining investment is set to commence in Mali at the end of this year. The investment will begin with mine construction on the Fekola gold project in the Southwest of the country. ASX-listed gold...
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