Silvercorp, Salazar win court battle

Silvercorp Metals and JV partner Salazar Resources said the Provincial Court of Bolivar, in the province of Ecuador where the El Domo project is located, dismissed an appeal against the project’s environmental license. This affirms the rights of its Ecuadorian subsidiary, Curimining, to continue construction of the copper-gold project.  Additionally, the Canadian-based miner announced the repayment of US$13.25 million previously…

Read More

SRG Global lands new contracts with WA miners

Services company SRG Global has secured multiple contracts with existing mining clients across Western Australia.  The company has entered into a five-year term contract for maintenance services associated with the continuous enhancement of Bauxite Residue Disposal Area embankments as well as other civil services with South32 at the Worsley Alumina bauxite and alumina refinery operations in the southwest region of…

Read More

UK bans new coal mining licences

The UK government said legislation will be introduced to restrict licences for new coal mines as it embraces a clean energy future. Britain became the first major economy to stop burning coal for power in October, with the closure of the country’s last coal-fired power station at Ratcliffe on Soar, following 50 years of service. This means coal has gone…

Read More

Resolute Mining CEO held in Mali amid tax dispute

Photo: Resolute Mining Resolute Mining CEO Terry Holohan and two other colleagues are being held in Bamako, Mali, as the military-led government presses the Australian-based company to pay back taxes on its Syama gold mine, reported Business Insider Africa. The government insists that Resolute allegedly owes 100 billion CFA francs ($162 million) in taxes identified in a sector-wide audit, according…

Read More

Mineral Resources mothballs Bald Hill mine

Following a strategic review, Mineral Resources has decided to place its Bald Hill lithium mine in the Goldfields region of Western Australia on care and maintenance due to market conditions.  “Placing Bald Hill on care and maintenance is a prudent decision but one not made lightly. The decision aligns with the work we have done across the company in recent…

Read More

Rio Tinto exec seeks faster permitting under Trump

A Rio Tinto executive said U.S. president-elect Donald Trump’s new administration should focus on speeding up the permitting process for its stalled Resolution copper mine in Arizona, reported Reuters. The mine could supply more than one-quarter of the country’s domestic copper needs. Full story.

Read More

South African union, Sibanye Stillwater reach wage deal

South Africa’s National Union of Mineworkers (NUM) said it had agreed a wage deal with Sibanye Stillwater’s gold operations after months of negotiations, reported Reuters. The miner agreed to increase monthly pay for its lowest paid workers by 900 rand ($50.91), while miners, artisans and officials would get a 5.5% raise, NUM said. The one-year agreement is set to be…

Read More