Archives: History of mining

Rio Tinto has signed a binding agreement to sell its entire interest in the Grasberg mine in Indonesia to PT Indonesia Asahan Aluminium (Persero) (Inalum), Indonesia’s state mining company, for $3.5 billion. Separately, Inalum has signed a binding agreement with Freeport McMoRan Inc. (FCX) in relation to the future ownership and operation of the Grasberg[…]

The Canadian Environmental Assessment Agency has commenced a federal environmental assessment for the proposed Century gold project, located in Timmins, Ontario, Canada. The Agency invites the public and Indigenous groups to comment on which aspects of the environment may be affected by this project and what should be examined during the environmental assessment, as detailed[…]

Trafigura Group, one of the world’s leading independent commodity trading companies has successfully taken the first step towards reopening one of Africa’s most historic trade routes, with an epic train journey that ended in the Angolan port of Lobito a few days ago. A cargo of 800 t of blister copper, purchased by Trafigura from[…]

We are sad to record the death, on Monday 17 September 2018, of J. Burgess Winter who served the mining industry with honour and distinction for 45 years – a veritable industry icon. Burgess was born of Jim and Mary Winter on 3/3/33, in Magheramorne, a hamlet in County Antrim, Northern Ireland. He graduated from[…]

Australian gold explorer Southern Gold Ltd’s development partner in South Korea, LSE-listed Bluebird Merchant Ventures Ltd, continues to make good progress at both the Gubong and Kochang gold projects in South Korea. Bluebird completed the report on the feasibility of reopening the Gubong project in late July, as part of its final requirement to the[…]

No growth is possible within Australia’s largest undeveloped footprint – Northern Australia – without fundamental gains in its “infrastructure trifecta”, according to one of the region’s most experienced industry lobbyists. Mayor of Mount Isa, Madam Mayor Joyce McCulloch, said today the costs and handling of the region’s three main infrastructure essentials – energy, transport and[…]

This year, 2018, Metso is celebrating its 150th anniversary. The story of Metso started in 1868 as a local ironworks, and is linked to the development of urban environments and the modern way of life. Metso has evolved through a series of mergers, acquisitions and divestments. “With our own operations in more than 50 countries[…]

In Australia, the untapped exploration potential of PNX Metals’ large Northern Territory tenement holding has recently been highlighted by a respected mining analyst as the company seeks to enhance the economics of its flagship Hayes Creek zinc polymetallic project. The company completed a PFS on Hayes Creek, 170 km south of Darwin in the Pine[…]

Leon Faulkner, Managing Director, Environmental Copper Recovery Pty, reports that Mining3 is working with in-situ recovery (ISR) mining specialists, Environmental Copper Recovery (ECR), on a Commonwealth Government CRC-P (Cooperative Research Centre) grant which will fund a 2.5-year research program to better understand and resolve key ISR mining challenges—particularly in relation to environmental, social, and economic[…]

Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, has received the first shipment of caustic soda for its under-construction Al Taweelah alumina refinery. Caustic soda and bauxite are the two most important raw materials in alumina refining. Stocks of these materials are initially required for the carefully-planned[…]