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China Coal 2019

Recent News Stories

  • Makhado phase 1 hard coking coal off-take concluded

    MC Mining Limited (“MC Mining”) is pleased to announce the completion of a major milestone for the company through the signing of an off-take agreement (the “Agreement”) with ArcelorMittal South Africa Limited (“AMSA”). The Agreement results in AMSA purchasing hard coking coal (“HCC”) that will be produced from Phase 1 of the Makhado coking coal project (“Makhado Project” or “Makhado”). The Agreement reaffirms the quality

  • Store Norske Spitsbergen Grubekompani

    The Norwegian Government, which owns Store Norske Spitsbergen Grubekompani AS, have decided to close the Coalmines in Lunckefjell and Svea at Svalbard. The area has to be cleared and all the equipment including spare parts are to be sold. The clearing process will take place over several years and the machines and equipment will be sold continuously as they are released. THE FOLLOWING SURFACE EQUIPMENT

  • Normet Introduces new technologies for sustainable and green mining and invests into factory expansion in Iisalmi, Finland

    Normet Introduces new technologies for sustainable and green mining and invests into factory expansion in Iisalmi, Finland

    Normet SmartDrive, a fully electric offering for mining and tunneling construction was launched at Bauma exhibition last week. The fully electric technology on all SmartDrive fully electric battery-operated machines is sustainable and green. The SmartDrive design is a sophisticated and fully engineered battery electric architecture operating underground totally emission-free and saving costs at the same time. Normet also presented the SmartScan 3D laser scanning technology

  • Ramelius Unveils 1 Million Ounce Life of Mine Plan

    Ramelius Unveils 1 Million Ounce Life of Mine Plan

    Highlights Landmark +1,000,000 ounce Au life of mine plan (LoM) across 5 years, FY20 to FY24 Average All-in Sustaining Costs (AISC) over life of mine at A$1,220 – A$1,320/oz LoM consists predominantly of Ore Reserves and Indicated Mineral Resources with only 12% of Inferred Resources* Tampia project Strategic Review complete confirming haulage option to Edna May mill Initial Resources & Reserves from recently acquired Tampia

  • Newmont Goldcorp Safely Ramping Up Operations at Peñasquito Mine in Mexico

    Newmont Goldcorp Safely Ramping Up Operations at Peñasquito Mine in Mexico

    Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) (Newmont Goldcorp or the Company) is safely ramping up operations at the Peñasquito mine in Mexico following the lifting of an illegal blockade and the establishment of a dialogue process sponsored by the national government. Concentrate shipments from the mine, as well as the delivery of supplies to the site, have resumed and workers are going through orientation

  • Los Andes Copper Ltd. Announces Filing of the Preliminary Economic Assessment for Its Vizcachitas Copper-Molybdenum Project

    Los Andes Copper Ltd. (TSXV: LA) (“Los Andes”, or the “Company”) is pleased to announce that the Preliminary Economic Assessment (“PEA”) prepared for the Company’s Vizcachitas Project under the National Instrument 43-101 (“NI 43-101”) Reporting Standards has been filed with SEDAR. The results of the PEA were announced in the Company’s news release dated June 5, 2019. The PEA dated June 13, 2019, with an

  • Macmahon to acquire specialist underground contractor GBF Group

    Macmahon to acquire specialist underground contractor GBF Group

    Highlights: Acquisition will immediately add underground scale and capability Advances strategy to capture underground opportunities with new and existing clients Experienced GBF founders and management team to remain in the business Purchase price comprises an upfront component plus the possibility of two earn-out payments Upfront component reflects an enterprise value of circa $48 million1, equivalent to a small premium to NTA, funded by cash and

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