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Indigenous miner becomes third-largest coal producer in the US
The Navajo Transitional Energy Company or NTEC, which identifies itself as “an American Indian and minority-owned business,” just became the third-largest coal producer in the United States after purchasing all of Cloud Peak Energy’s assets. The transaction was...
Fortescue, SMB-Winning go head-to-head to develop Guinea’s Simandou iron ore
Australian miner Fortescue and Guinea’s biggest bauxite exporter SMB-Winning are the last two companies in the running for the rights to develop blocks 1 and 2 of Guinea’s Simandou iron ore deposit, three sources told Reuters on Friday. A Guinea government commission...
Heron to raise $91 million for Woodlawn project
Heron Resources has secured $91 million in funding which it will use to progress the Woodlawn zinc-copper project in New South Wales. Funds will be mainly allocated towards underground mining working capital at the site ($28 million) and processing, concentrate and...
Construction starts at Abra
Galena Mining has announced that construction has started at the Abra base metals joint venture project in the Gascoyne Region of Western Australia. The activities are part of a $15 million surface infrastructure development at the silver and lead mine site. Current...