News

The new Remote Operator Station for Dozing, part of Cat MineStar Command for dozing, provides a safe, comfortable environment removed from the active dozing area. The station itself is modelled on the actual cab of the machine, with all...

Prophecy Development Corporation has signed an Engineering, Procurement and Construction (EPC) agreement, equity investment agreement and share purchase Agreement with China-based Shandong Electrical Power Construction No2 Company (SEPCO2) to invest in and build the 600MW Chandgana power plant in...

The competitive position of Australian exporters has been enhanced by the official entry into force of the China-Australia Free Trade Agreement (ChAFTA) on December 20. Australia’s Minister for Trade and Investment Andrew Robb said that more than 86% of...

The potential buyers of Orsu Metals Corporation’s Akdjol-Tokhtazan project in the Kyrgyz Republic have not exercised their option to purchase the project before the deadline of December 31. Consequently, the agreement has lapsed and ongoing discussions between the company...

Southern Arc Minerals has negotiated the terms of a non-brokered private placement to raise up to C$1 million through the sale of up to 4.166 million units at a price of C$0.24 per unit. Proceeds of the financing will...

Sentiment towards gold has been so bearish lately that you might think the yellow metal declined by 50% or more during 2015. In fact, it was only down 11% in U.S. dollar terms and gold actually advanced in most...

Metso cutting 44 jobs from minerals division in FinlandMetso is is attempting to streamline its business to drive growth and weather the downturn in the mining industry. Finland-based supplier Metso, which last year decided to put its mining division...