Africa
Sonic drilling pioneer to be inducted into International Mining Hall of Fame
Canadian engineer, Ray Roussy, will be inducted into the International Mining Hall of Fame for his development and commercialization of sonic drilling technology. “I’m absolutely delighted to be recognized by my peers in this manner,” says Roussy,...
Asia Pacific
Experts say Wollongong Coal expansion poses a threat to water sources in Sydney
Scientists warn that a proposal by Wollongong Coal to expand its operations into the Lake Cataract catchment in Australia may put Sydney's drinking water at risk. Lake Cataract catchment is one of the main drinking water resources for...
Asia Pacific
Centennial Coal shuts down Angus Place mine in Australia
Centennial Coal has decided to put its Angus Place mine at Western Coalfields in New South Wales under care and maintenance due to falling prices of international coal. Angus Place mine is operated by an equally owned joint...
Asia Pacific
Philex confirms feasibility of $1.5bn Silangan project in the Philippines
A study undertaken by gold and copper producer Philex Mining has confirmed the viability of its $1.5bn Silangan project on the island of Mindanao in southern Philippines. Silangan has estimated reserves of five billion pounds of copper and...
Asia Pacific
Mount Gibson Iron temporarily halts Koolan Island operations in Australia
Australian miner Mount Gibson Iron has temporarily stopped activity at its Koolan Island's main pit for four weeks, as a precautionary measure against instability in the upper part of the pit. During this period, the Mount Gibson will...
Europe
X2 Resources secures a further $1bn of funds to expand mining business
A new mining venture started by former Xstrata CEO Mick Davis, X2 Resources, has secured another $1bn from investors. With the additional monies secured, X2 has amassed up to $4.8bn of funds including $3.3bn of committed equity capital...
Europe
Weir to expand mining services through $220m acquisition of Trio
Scotland-based engineering firm Weir Group has signed a deal with Kuala Lumpur-based private equity firm Navis Capital to purchase Trio Engineered Products, a Chinese-American mining services firm, for $220m. The acquisition will allow Weir to expand its mining...
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