by Gordon Barratt | Jun 25, 2020 | News
Source: Porgera Joint Venture. Barrick Gold has flagged massive job losses at the Porgera gold mine in Papua New Guinea after the country’s government refused to extend a mining lease at the site in April. An expected 2650 PNG nationals will have their jobs cut at...
by Gordon Barratt | Jun 25, 2020 | News
Drilling at Lorraine will start immediately after the current program at the Alotta Project.No objections were lodged by First Nations people for the drilling permit Chase Mining Corporation Ltd has received a permit for its planned drilling at the Lorraine Project...
by Gordon Barratt | Jun 25, 2020 | News
The NSW government’s new strategic statement on coal exploration and mining has been unveiled, just as COVID-19 accelerates the energy transition away from fossil fuels. The statement optimistically maintains that global demand for thermal coal will only drop by...
by Gordon Barratt | Jun 24, 2020 | News
Advisory firm PricewaterhouseCoopers (PwC) have urged miners to adopt strategies to mitigate against further economic and social risks post the Covid-19 crisis. PwC’s forecast for 2020 suggests the global top 40 miners would take a modest hit to earnings before...
by Gordon Barratt | Jun 24, 2020 | News
The Namoya mine, in the Democratic Republic of Congo Canadian miner Banro Corporation has agreed to sell its Namoya Mining gold mine in Democratic Republic of Congo to a consortium of investors including Baiyin International Investment and Shomka Resources, it said in...
by Gordon Barratt | Jun 24, 2020 | News
Cat 793F autonomous mining truck. Fortescue has rolled out its 100th autonomous haul truck conversion at its Chichester Hub in the Pilbara region of Western Australia. Complete conversion of its 108 haul truck fleet at the Chichester Hub is expected to complete in...