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Crocodile Gold project rejected by Victorian government in Australia

Crocodile Gold's Big Hill open-cut gold mine project has been rejected by the Victorian government of Australia owing to grave environmental and health issues it could pose to the nearby community.   The gold mine project was proposed to...

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...

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...

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...

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...

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...

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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