The largest foreign producer of gold in China Eldorado Gold is planning to sell its Chinese mines for $1.5bn. China National Gold Group, the country's biggest producer of the commodity, is reportedly interested in the deal, as well...
South Africa’s Gold mining company AngloGold Ashanti is set to unleash a new technology to be used in the gold industry in 2015. The technology involves the dispensing of conventional drilling and blasting and backfills cavities...
Modular Mining Systems, Inc., the global leader in the delivery of real-time computer-based mine management solutions for surface and underground mining operations, announced today one of the top multinational iron ore producers has chosen to implement Modular’s technologies at...
Mining major BHP Billiton has announced that 150 miners from the Mount Arthur coal mine in Australia will be made redundant in the next four months. The proposed plans will affect full-time and contract workers in the production...
Aditya Birla Minerals copper mining company is negotiating with a third party to sell its Mt Gordon copper mine in Australia. Mt Gordon mine is located in north-west Queensland, approximately 120km north of Mt Isa, which was targeted...
Canada-based diversified base metals company Lundin Mining has completed acquisition of an 80% ownership stake in Candelaria / Ojos del Salado copper mining operations for $1.8bn from Freeport-McMoRan. As part of the deal, Lundin Mining has acquired mine...
Northern Territory Department of Mines and Energy (DoE) is seeking $200m from the Australian Government to rehabilitate the sites around the decommissioned Rum Jungle uranium mine. From the 1950s to 1971, uranium and copper were mined from Rum...
