Africa
First batch of diamond recovered from Botswana to be sold in 2015
The first batch of diamond recovered from Ghaghoo mine in Botswana will be sold in February 2015. Gem Diamonds has announced through an interim management statement last week that it will sell the first 4 028...
Africa
Botswana to use new diamond recovery technology
A new diamond recovery technology has been initiated for use in mines in Botswana. The new x-ray transmission (X-RT) technology will now aid in primary diamond recovery in the country. Karowe Mine, which is located in...
Asia Pacific
Eldorado seeks a buyer for its mines in China for $1.5bn
The largest foreign producer of gold in China Eldorado Gold is planning to sell its Chinese mines for $1.5bn. China National Gold Group, the country's biggest producer of the commodity, is reportedly interested in the deal, as well...
Africa
South Africaโs worldโs third largest gold mining firm to sell some of its mines
World third largest gold mining company, AngloGold Ashanti with headquarters in Johannesburg, South Africa has plans of selling some of its mines so as to cut its borrowed debt by US$ 1bn. AngloGoldโs CEO, Srinivasan Venkatakrishnan...
Africa
Modular Mining replaces competitive fleet management system at Iron Ore Complexes in Brazil
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 Modularโs technologies at...
Asia Pacific
BHP Billiton to cut 150 jobs at Mount Arthur coal mine
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...
Asia Pacific
Aditya Birla to sell Mt Gordon copper mine in Australia
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...
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