Aspire Mining receives interest from CDB
Aspire Mining has received an expression of interest from the Chinese Development Bank to fund up to 75% of the Erdenet-to-Ovoot Railway.
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Aspire Mining has received an expression of interest from the Chinese Development Bank to fund up to 75% of the Erdenet-to-Ovoot Railway.
TerraCom has finalised two share placements, raising AUS$2.1 million to help fund the company’s expansion.
The Hume Coal Project has criticised political support for a ban on mining in the area of its proposed coal mine.
Pembroke Resources could start up production at its Olive Downs metallurgical project as early as next year.
West Virginia based ERP Compliant Fuels is reportedly close to buying three idled metallurgical mines in British Columbia.
South African mining company, Petmin, recorded a slight fall in anthracite production in the financial year to June 2016 but expects a more positive FY2017.
Trolex is launching a new campaign, ‘Support Mining’ (#supportmining), which is targeted at giving the mining industry what it most needs: lower cost equipment that helps increase output efficiency.
A new BIMCO market analysis report finds the dry bulk market is nowhere near balanced yet despite imports into and exports out of China in 1H16 being very positive.
Kibo Mining has received the first payment of US$1.8 million from EPC contractor SEPCO III under a new agreement for the development of the Mbeya coal-to-power project.
Westmoreland Coal intends to shift to reclamation at the Jewett mine following NRG Texas Power cancelling its supply contract at the end of 2016.
The Indian government has asked Coal India to reign in its coal production expansion as supply outstrips demand.
Mineral processing contractor, Sedgman, has won an AUS$75 million contract extension to continue operations at the Red Mountain Joint Venture coal handling and preparation plant.