Africa
East Africa emerging as a hotspot for oil and gas exploration
East Africa is now becoming a hotspot for gas exploration, replacing Nigeria with large volumes of oil and gas being discovered in the region majorly in Mozambique, Tanzania, Kenya and Angola. The Managing DirectorChief Executive, Total...
Asia Pacific
EPA conditionally approves Rio Tinto’s $3.5bn Koodaideri iron ore mine
The Western Australia Environmental Protection Authority (EPA) has recommended for approval Rio Tinto's $3.5bn open cut iron ore mine in the Pilbara region. Rio Tinto subsidiary Mount Bruce Mining is planning to develop the proposed Koodaideri iron ore...
Asia Pacific
India plans to issue mining licences through auctions
The Government of India is planning to issue mining licences through auctions in order to improve transparency in mineral resources allocation. The government is seeking to amend an existing 57-year-old act and keep the draft amendments in the...
Asia Pacific
Mining investment rise generated fewer jobs in New South Wales, says report
Mining companies in New South Wales have employed 1,967 fewer workers in 2013 to 2014 compared with the previous year, despite investing $13.6bn into the Australian state, according to a survey. The latest Expenditure Survey conducted by NSW...
Africa
South Africaโs mining output grows by 5.3 percent
South Africaโs mining output has tremendously grown by a notable 5.3 percent this year. This has been boosted by platinum producerโs gradual return to productivity, after a 5-month work-stoppage in the first half of the year forced...
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...
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