Middle East
Mining equipment to be auctioned
Euro Auctions will be selling a range of mining equipment at an auction in Brisbane, Queensland, on Thursday, November 5 from 8.30am. There will also be construction, road building, earthmoving and farm equipment for sale. Euro auctionThe sale will...
Africa
Chatree on track for production guidance
Gold production of 22,489 ounces during the September quarter at Kingsgate Consolidated’s Chatree project in Thailand was lower than the previous quarter owing to lower grades during a planned mine cut back phase. Total cash cost per ounce was...
Asia Pacific
Federal Government support for IMARC
This month’s International Mining and Resources Conference (IMARC) in Melbourne from November 10-12 has attracted support of the Australian Federal Government with confirmation of the attendance of Minister for Resources, Energy and Northern Australia Josh Frydenberg and a keynote...
Asia Pacific
Kingsrose varies loan repayment profile
Kingsrose Mining has agreed with each of its lenders - Michael John Andrews, Great Golden Investment Limited and Beaurama Pty Ltd - to restructure the repayment profile of the company’s loan facilities. The company commenced repayment of the facilities...
Africa
SouthGobi granted review extension
The Continued Listing Committee of Toronto Stock Exchange (TSX) has advised SouthGobi Resources of its decision to extend the delisting review until November 23, 2015. The committee was planning to make a decision regarding SouthGobi’s listing status and whether...
Europe
Timetric survey says 48% of European and FSU miners will adopt autonomous vehicles by 2020
A survey by Timetric's Mining Intelligence Centre (MIC) has revealed that 48% of miners in Europe and Former Soviet Union (FSU) countries intend to use autonomous vehicles by 2020. The survey polled opinions of more than 100 mine managers...
Europe
Barclays stops funding mountain-top removal coal mining process
UK banking and financial services company Barclays, the largest financier of the mountain-top removal (MTR) in 2013, has announced it will no longer finance the controversial coal mining method. In a policy document released in March, the company said...
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