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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.  ...

South Australia to increase mineral and energy resource production to $10bn

The South Australian Government is planning to increase the value of mineral and energy resource production to $10bn a year by 2017, creating 5,000 new jobs.   The government unveiled a resource production record of $7.5bn in 2013 to...

Dongfang coal mine missing workers presumed dead

China has declared the deaths of 21 miners who had been trapped inside the collapsed Dongfang mine in Huainan City.   Confirmation has come two and half months after the accident ocurred in the eastern part of the country,...

Anjin diamond in Zimbabwe losses US$ 300m due to European sanctions

  The sanctions introduced in the European market have endangered the diamond industry in Zimbabwe as it has led to a major loss.   Diamond miner, Anjin, has confirmed that it has so far since 2010 experienced a...

Central Rand Gold signs MoU with Hiria for potential sale of Netherlands subsidiary

Central Rand Gold has signed a non-binding Memorandum of Understanding (MoU) with Hiria that may result in the sale of its Netherlands subsidiary for $150m.   Central Rand Gold owns mines and prospecting areas around Johannesburg and its Central...

BHP Billiton halts plans to sell Nickel West business in Western Australia

BHP Billiton has cancelled plans to sell its Nickel West business in Western Australia, as the company has failed to find a buyer willing to pay its price.   The decision follows a review by BHP on Nickel West,...

US$ 350m mining investment to commence in Mali end of this year

  A US$350m gold mining investment is set to commence in Mali at the end of this year. The investment will begin with mine construction on the Fekola gold project in the Southwest of the country.   ASX-listed gold...

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