by Gordon Barratt | Jan 6, 2021 | News
The board of Chile’s state-owned copper miner, Codelco, has approved a budget of $1.383-billion for the overhaul of its aging Salvador mine, the company said in a statement on Tuesday. Construction for the Rajo Inca project that will convert Salvador from an...
by Gordon Barratt | Jan 5, 2021 | News
Image: Thiess CIMIC Group has closed 2020 by completing the sale of a 50 per cent interest in Thiess to Elliott Advisors, with chairman Juan Santamaria saying the deal does not downplay the mining services company’s importance to the business. “Our retention of the...
by Gordon Barratt | Jan 5, 2021 | News
Iron ore prices have climbed to more than $US165 ($215) in the new year but analysts are anticipating that the highs will not extend throughout 2021. Trading Economics recorded a price of $US161.80 on New Year’s Day before spiking to $US167.04 on January 2. However,...
by Gordon Barratt | Jan 5, 2021 | News
Botswana’s government has renewed Lucara Diamond’s licence for its Karowe mine for another 25 years, the company said today. In a statement, Lucara chief executive officer Eira Thomas said the renewal, effective from Monday, would secure the diamond producer’s mining...
by Gordon Barratt | Jan 5, 2021 | News
The Maxwell underground coal mine development in New South Wales, Australia is being undertaken by Maxwell Ventures, a wholly owned subsidiary of Malabar Coal. The historical coal production within exploration licence EL 5460 that hosts the mine commenced in the late...
by Gordon Barratt | Jan 5, 2021 | News
Listed property development and investment business Harworth Group has sold the first plot of development land at a former North Yorkshire colliery. The plot at the former Kellingley Colliery has been bought by CRT Property Developments Ltd, a subsidiary of The...
