Mining

Jiangxi Copper has announced that it will purchase the entire equity interest in PIM Cupric Holdings Limited.

Thriveni Earthmovers Private Limited, through its joint venture TSMPL operates India's largest energy conglomerate NTPC’s Pakri Barwadih coal mining project in Jharkhand, India.

Zijin Mining are set to acquire Continental Gold for CAN$1.4 billion.

The company’s CEO has released a statement.

NQ’s Hellyer Mine (Australia) has achieved record profits and production for November.

Canadian mining company Mandalay Resources owns and operates the Costerfield gold-antimony project southeast of Bendigo in regional Victoria, Australia.

The technology group Wärtsilä will optimise the energy system of the Fekola Mine, located in a remote region in southwest Mali.

Rio Tinto has curtailed operations at Richards Bay Minerals, South Africa, due to violence in the area.

The company’s US$1.5 billion investment over the next 6 years will extend operations at the Kennecott copper mine (USA) until 2032.

The product aims to help improve quality, reduce raw material cost and minimise waste and re-work.

Final assay results for HAD019, HAD020, HAD021 and HAD025, and partial assay results for HAD023 and HAD028, representing 6652 m of drilling, have been received.

At the beginning of this year, Bedeschi was awarded a bauxite storage facility for Guinea Alumina Corporation part of Emirates Global Aluminium in ABU DABHI by DTP Mining, part of Bouygues Construction (France).

46% of reinsurance market and 37% of industry’s global assets covered by coal exit policies.

Group Chief Financial Officer, Lars Vestergaard, and the FLSmidth Board of Directors have agreed that Lars Vestergaard will step down and leave FLSmidth effective immediately.

KORE Mining Ltd. has announced that Newmont Goldcorp Corporation has agreed to accept common shares of KORE in settlement of a future US$1 million payment to Newmont Goldcorp.