A new deal for OceanaGold’s Didipio means an imminent restart with full underground ramp-up within a year
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A new deal for OceanaGold’s Didipio means an imminent restart with full underground ramp-up within a year
July 14, 2021

OceanaGold Corporation advises that the Philippine Government has renewed the Didipio gold-copper mine Financial or Technical Assistance Agreement (FTAA) for an additional 25-year period, retrospectively beginning June 19, 2019. The renewed FTAA reflects similar financial terms and conditions while providing additional benefits to the regional communities and provinces that host the operation. Michael Holmes, President[…]

NACCO’s Falkirk lignite mine in North Dakota gets reprieve; but its mining contract at Navajo coal mine in New Mexico to end
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NACCO’s Falkirk lignite mine in North Dakota gets reprieve; but its mining contract at Navajo coal mine in New Mexico to end
June 30, 2021

Interesting news from two of the largest US coal mining operations. NACCO Industries, Inc has announced that its wholly owned subsidiary, The Falkirk Mining Company, has entered into a new Coal Sales Agreement (CSA) with Rainbow Energy Center, LLC that becomes effective concurrent with Rainbow Energy’s acquisition of the Coal Creek Station power plant in[…]

Krasnoyarsk Govt to support Nornickel in sevenfold expansion of Taimyr South Cluster mining operations including Zapolyarny upgrade
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Krasnoyarsk Govt to support Nornickel in sevenfold expansion of Taimyr South Cluster mining operations including Zapolyarny upgrade
June 28, 2021

MMC Norilsk Nickel, the world’s largest producer of palladium and high-grade nickel and one of the largest producers of platinum and copper, and the Government of the Krasnoyarsk Territory have signed an agreement on cooperation in the implementation of investment projects in the Krasnoyarsk Territory. The document was signed on June 28 in the representative[…]