Aspire Mining Ltd closes rights issue to support development of Nuurstei coal mine
Major shareholder Noble Group has underwritten the fund raising. Aspire Mining Ltd has closed its 6:5 renounceable rights issue which will raise up to $16.5...
Category : Mining News
Kazakh companies eye mining projects in Uzbekistan
Kazakhstan’s companies specializing in geological exploration are ready to work in Uzbekistan, the general director of the Kazakh-Australian company “Aurora Minerals Group” Kaisar Kozhamuratov said...
Unearthing corruption risks in mining approvals
From resource-rich West Africans nations, to the mining giants of the Pacific and North America, every time a government signs a deal to allow mining...
Kyrgyzstan ensures smooth operation of country’s largest gold mine
Kyrgyzstan’s Parliament has approved amendments to the country’s Water Code which allow the development of Davydov and Lysyi glaciers at the country’s largest gold deposit,...
German activists lose bid to halt Hambach mine expansion
An environmental group has failed in its legal bid to stop the controversial expansion of Germany’s biggest lignite mine. Activists say the operation threatens the...
Communities face down plans to expand Britain’s last coal mines
‘It was cruel what we went through’. As the UK weighs whether to allow its ailing mines to stumble on, community activists ask when enough...
European Cobalt zones in on Slovakia project
Explorer European Cobalt is stepping up efforts to tap into the growing market for cobalt, which is seen as one of the most important metals...
Eldorado Gold to alter investment strategy in Greece amid ongoing delays
Canadian multinational Eldorado Gold is reportedly moving towards a radical change in strategy for its controversial and delay-plagued mining concession in Greece, the largest production...
Drilling programme begins at Skorusa porphyr copper-gold targets in Serbia
Canadian mineral exploration and development company Mundoro has reached two key milestones in its current drilling campaigns in Serbia and Bulgaria: i commencement of drilling...
Russia, China to set up $1billion fund for metal, mining projects
The investment push is part of China’s Belt and Road Initiative, and also of a program of economic cooperation the country has drafted with Russia....