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IRON-ORE

Tawana says Liberia iron-ore scoping study ‘well advanced’

ASX-listed Tawana Resources continues to advance a scoping study for its Mofe Creek iron-ore project, in Liberia, investigating the potential of a one-million-to two-million-ton-a-year early start-up project, as well as a potential larger, longer...
17th April 2014
 
ENVIRONMENTAL PROTECTION

Linc Energy faces court action over alleged environmental harm

Singapore listed Linc Energy on Thursday said that it would “staunchly” defend itself against claims by the Queensland government that the company’s Chinchilla underground coal gasification (UCG) research and development facility caused...
17th April 2014
 
URANIUM

Paladin receives $20m from escrow in Langer Heinrich sale

TSX- and ASX-listed Paladin Energy on Wednesday said that conditions required to release the escrowed $20-million nonrefundable deposit in the $190-million sale of 25% of its Langer Heinrich uranium project, in Namibia, to China National Nuclear...
16th April 2014
 
Company Announcement

Altaaqa Global Opens East Africa Office PDF Available

The new Nairobi office will serve as a hub for Altaaqa Global’s sales and operations in the East Africa region Dubai-based Altaaqa Global CAT Rental Power, a global provider of temporary power solutions, has recently opened a branch in Nairobi,...
16th April 2014
 
DIVERSIFIED MINER

BHP hikes iron-ore, met coal production forecasts

Diversified major BHP Billiton has reported record production for four of its commodities, at ten operations, during the nine months ended March, and increased its full-year iron-ore and metallurgical coal production expectations. “Our...
16th April 2014
 
COAL

Walter Energy to idle Canadian operations

Coal miner Walter Energy on Tuesday said that it planned to idle its Canadian coal mines in the face of weak metallurgical coal prices, placing more than 695 jobs on the line. The Birmingham, Alabama-based ‘pure-play’ metallurgical coal...
15th April 2014
 
GAS

Development of UCG industry gains momentum as govt reveals policy stance

Majuba Regulations governing the application for and awarding of prospecting rights and mining rights for underground coal gasification (UCG) in South Africa have been included in the Mineral and Petroleum Resources Development Act (MPRDA) Amendment...
15th April 2014
 
CORPORATE ACTIVITY

Aurora Oil & Gas board recommending A$1.8bn Baytex offer

The board of ASX- and TSX-listed takeover target Aurora Oil & Gas has put its weight behind a takeover offer from Canada’s Baytex Energy Corporation. In February, Baytex launched a A$1.8-billion takeover offer for Aurora, offering shareholders...
15th April 2014
 
ENERGY

Martins opens way for coal, cogen IPPs, extends renewables allocation

Energy Minister Dikobe Ben Martins Energy Minister Dikobe Ben Martins confirmed on Monday that the long awaited cogeneration and coal independent power producer (IPP) procurement programmes would be initiated in April and May respectively. In addition, in something of a surprise...
14th April 2014
 
OIL AND GAS

Glencore beats off rival bid to snap up Chad energy explorer

London-, Hong Kong- and Johannesburg-listed diversified mining and marketing company GlencoreXstrata has beaten off a rival bid to snap up oil-and-gas exploration company Caracal Energy, which is active in the landlocked Republic of Chad in...
14th April 2014
 
Company Announcement

Is the Automated Mine A Threat to Recruitment? PDF Available

Thanks to remote control technology and robotic operating systems, automated mining is becoming a reality. Although, while some suppliers have been working in this area for a number of years its only more recently that more of mining’s operators...
14th April 2014
 
CORPORATE ACTIVITY

Nexus could go under if Seven Group deal fails

ASX-listed Nexus Energy has warned shareholders that the company would be placed in voluntary administration if a takeover by diversified investment group Seven Group Holdings fell through. In February, Nexus suspended production at its Longtom...
14th April 2014
 
 
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