Saturday 29 August 2015
 
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Glencore mine shut over job cuts process

South Africa's mines minister has ordered Glencore to suspend all operations at a coal mine because of the way it planned to carry out job cuts. The country's mining industry is battling sinking commodity prices, rising co

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DRA wins Ma'aden Gold deal for Ad Duwayhi mine

Engineering group DRA has won a contract with Saudi Arabia's mining group Ma'aden Gold and Base Metals (MGBM) for the Ad Duwayhi gold mine, according to a report. The mining project, located 450km southwest of Riyadh, will

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454kg bomb destroyed in Gulf by Bahrain minehunter

A bomb weighing around 500kg that was buried in the Arabian Gulf for years was located and destroyed by a Bahrain-based minehunter. It was discovered during a five-day exercise conducted by the French, British and US navies, said

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Ma'aden sees bauxite from new mine in Q2 2014

Saudi Arabian Mining Co (Ma'aden) expects to start producing bauxite from a new mine in the second quarter of 2014, a company executive said. Ma'aden and US partner Alcoa are developing a mine with the capacity to produce

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China’s Jiangxi eyes Glencore copper mine

Jiangxi Copper has joined a list of potential Chinese suitors interested in buying Glencore Xstrata $5 billion-plus Las Bambas copper mine in Peru, a report said. Glencore's sale of the mine comes at an opportune time for Chin

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Centamin to appeal court ruling over Egypt mine

A Centamin executive said on Wednesday that the London-listed firm was appealing a court ruling that declared its Sukari mine deal in Egypt invalid, a decision that sent the company's shares tumbling a day earlier. "Of co

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US, allies in big Gulf naval exercise

New mine-sweeping technologies are being deployed to the region after the completion of a 10-day major naval exercise in the Gulf, which was designed to show a global will to keep oil shipping lanes open as Israel and Iran trade threats of war.

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ARSD signs $79m deal for Saudi mine

Arabian American Development (ARSD) has signed a three-year, $79 million contract with China National Geological & Mining Corporation (CGM) for the operation of the surface works of the Al-Masane Al-Kobra (Amak) mine. This contract is

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28 found dead after Turkish mine blast

Turkish rescue teams found 28 dead in a coal mine in the northern Black Sea province of Zonguldak on Thursday, Energy Minister Taner Yildiz said, three days after an underground explosion caused the mine to collapse.    Som

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Russian mine death toll rises to 43

The death toll from the Siberian coal mine disaster at the weekend rose to 43 on Tuesday, Russian news agencies quoted emergency officials as saying. Forty-seven people were still missing at Russia's largest coal mine Raspadskaya after the

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