Nickel Industries said it has completed the acquisition of 10% equity interests in two producing assets from Shanghai Decent: the Huayue Nickel Cobalt and Oracle Nickel projects in Indonesia. The transaction increases the miner’s stake in Oracle Nickel to 80%. Read the full story here.
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The Chinese government said the first domestically-produced mine truck was recently delivered to the Haerwusu open-pit coal mine in North China’s Inner Mongolia autonomous region. Read the full story here.
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Eight people trapped in an illegal gold mine on the Indonesian island of Java are feared dead, reported news agency AFP. Read the full story here.
Read MoreA reported 116 non-coal mines in the northeastern province of Liaoning, China, have been ordered to suspend operations and thousands have been evacuated from the area amid flooding that began over last weekend and was expected to continue this week. Full Story.
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EACON Mining Technology held a launch ceremony on 18 July for the deployment of 100 hybrid autonomous mining trucks to the South pit of TBEA – China’s highest-capacity coal mine. The deployment marks the largest fleet of autonomous mining trucks within a single mine worldwide. Full Story.
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China’s daily coal production increased in June to meet the rising demand from power generators amid record temperatures, reported Reuters. The rebound in production followed a six-month low. Full story.
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Almonty Industries’ wholly-owned subsidiary Almonty Korea Tungsten Corporation (AKTC) has collaborated with KT Corp, formerly Korea Telecom, on a cutting-edge technology that is being implemented at Almonty’s Sandong tungsten mine in Gangwon Province, South Korea. Full story.
Read MorePapua New Guinea gold and copper miner OK Tedi has picked COSOL for a three-year asset management contract, deepening its already long partnership together. Full story.
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Canadian-based K92 Mining, which owns the Kainantu gold mine in Papua New Guinea (PNG), confirmed 6 July that underground mining operations resumed that day following the deaths of two of its workers. Full story.
Read MoreRMI Pressure Systems said that its future in the Chinese mining sector looks even brighter following the company’s achievement of MA certification to manufacture its world-renowned pumps locally in the country. Full story.
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