Aim- and AltX-listed Kibo Mining has been awarded the General Electric (GE) Innovative Project Development Deal of the Year 2017 for its Mbeya coal-to-power project, in Tanzania. The award was presented to the company in New York on Thursday.

TORONTO–(BUSINESS WIRE)–Atlanta Gold Inc. (the “Company”) (TSXV: ATG; OTC Pink: ATLDF) announces payments of principal and interest on the Company’s outstanding Senior Secured Notes in the aggregate amount of US$2,135,000 are past due since August 31, 2017. The Company is in discussions with its lenders and others in respect of various financing alternatives to solve the issue including, but not limited to, partial payments, partial deferral of payments and/or a purchase of the notes. The Com

Business and labour raised serious questions on Friday about the sustainability of State-owned electricity producer Eskom in light if its current governance failings, which were now undermining its financial health to the point where government could be force to assist the utility in meeting its debt obligations. The anxieties were aired at the twenty-second summit of the National Economic Development and Labour Council, which took place in Ekurhuleni.

Gold prices rose to their highest in more than a year on Friday as weak economic data reduced expectations of another interest rate increase in the United States this year, U.S. bond yields fell and the dollar plunged to its weakest since early 2015. Demand for U.S. government debt and other safe-haven assets rose after an increase in U.S. jobless claims and worries about the impact of hurricanes Irma and Harvey on economic growth.

Government, trade unions and traditional leadership have heaped praise on South African precious metals miner Pan African Resources for the development of its R1.7-billion Elikhulu tailings retreatment plant (TRP) project, located at the company’s Evander gold mine, in Mpumalanga. Speaking at the sod-turning ceremony on Friday, Department of Mineral Resources (DMR) director-general Advocate Thabo Mokoena said that the project came at a critical juncture, as his department had recently faced the serious challenge of mass retrenchments, owing to the restructuring and mothballing of operations – a result of the current depressed economic climate. Mokoena said that Pan African’s fortitude to persevere with the project and bring it to realisation despite these challenges was “highly praiseworthy” and stood as an example to the rest of the industry of what could be achieved.

Russia-focused precious metals producer Eurasia has entered into a memorandum of understanding with Singapore-based GoldMint to collaborate on potential projects.
In terms of the agreement, announced on Friday, Eurasia has the option of collaborating with GoldMint on financing all or part of potential exploration and mining projects, and ultimately managing all or part of the mine output.

The stake of natural resource development company Red Rock Resources in strategic alloy producer Steelmin has increased to 17%, after being issued an additional 1% share capital as part of a €3.87-million secured loan agreement. The eight-month secured loan note, agreed in June, saw Aim-listed Red Rock receive 16% of the fully diluted equity of Bosnia-based Steelmin as partial consideration.

丹佛–(BUSINESS WIRE)–Newmont Ranked Mining Industry Leader by Dow Jones Sustainability World Index for Third Consecutive Year

丹佛–(BUSINESS WIRE)–Newmont Ranked Mining Industry Leader by Dow Jones Sustainability World Index for Third Consecutive Year

Chinese conglomerate CEFC will buy a 14.16% stake in Russian oil producer Rosneft from a consortium of Glencore and the Qatar Investment Authority in a move that further strengthens the energy partnership between Moscow and Beijing.
CEFC China Energy has grown in recent years from a niche oil trader into a sprawling energy conglomerate and the transaction will allow China, the world’s second largest energy consumer, to boost cooperation with the world’s top oil producer.

Russia’s precious metals and gems repository Gokhran has been buying only gold for its reserves this year, its head Andrey Yurin told reporters in Moscow on Friday.
Purchases of platinum group metals are possible but remain subject to market conditions, Yurin said, adding that no purchases of rough diamonds were planned in 2017.

Days after listing on the TSX-Venture Exchange, and following a strategic review, Tethyan Resources is planning to delist from the London bourse’s Aim to reduce the additional cost and regulatory burden of maintaining two listings. Tethyan commenced trading on the TSX-V on September 6, following which it assessed the viability of its ongoing quotations on both exchanges and concluded that any added benefit of continued trading on Aim was outweighed by the regulatory burden and cost associated with maintaining that listing.

The recent increase in the prices of the metals that the Parys Mountain mine will produce has spurred on Anglesey Mining to move into action to bring the project into production “as soon as practicable”.
Anglesey on Friday announced four immediate steps to progress the north Wales project, including starting an environmental impact assessment, converting the scoping study to a definitive feasibility study (DFS), recruiting key corporate staff and initiating project financing discussions.

Triple-listed Ferrum Crescent has raised £193 304 before expenses, which the company will use for additional exploration and evaluation activities at the Toral and Lago lead/zinc exploration projects in Spain, and for general working capital.

The funds were raised through a placement of 214.78-million shares of shares at an issue price of 0.09p. The placing is conditional on admission of the placing shares to trading on the Aim.

DUBLIN–(BUSINESS WIRE)–The “EU: Quicklime, Slaked Lime And Hydraulic Lime – Market Report – Analysis And Forecast To 2025” report has been added to Research and Markets’ offering. The report provides an in-depth analysis of the EU market for Quicklime, Slaked Lime And Hydraulic Lime. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. The report shows the sales data, allowing you to identify the key

Two Tanzanian ministers resigned after President John Magufuli told government officials suspected of wrongdoing in an investigation into the nation’s diamond- and Tanzanite-mining industries to step down. Edwin Ngonyani, a deputy minister of works, transport and communication, said he resigned Thursday evening, declining to comment on the allegations. George Simbachawene, a minister in the office of the president in charge of regional administration and local government, who was also named in the probe, announced his resignation in a YouTube video posted by Azam TV, a Dar es Salaam-based broadcaster.

Aim-quoted Stratex has received a request from a group of shareholders to convene a general meeting over the proposed acquisition of Crusader Resources.
The shareholders want the company to terminate the proposed transaction, which was first mooted in May, and they also want to make certain board changes.

India’s Mines Ministry is likely to miss its goal of completing the auction of 71 noncoal mineral blocks across seven provinces in the current financial year, despite a flurry of activity to ease federal rules.
The unpreparedness of provinces in conducting auctions is largely blamed for the tardy allocation of the already identified mineral assets. The Mines Ministry, headed by Narendra Singh Tomar, on Thursday decided to convene a stock-taking meeting with all mineral bearing provinces to “understand the reasons for their going slow on auction”, a government official said.

Iron-ore shipments to China from Australia’s Port Hedland terminal rose 11% to 35.7-million tonnes from 32.03-million tonnes in July, port data released on Friday showed.

Overall August iron-ore shipments from the world’s biggest export terminal for the steelmaking raw material increased to 42.8-million tonnes from 37.9-million tonnes in July, according to the Pilbara Ports Authority.

As the $456 million Nova nickel-copper mine opens on the edge of the Nullarbor, nickel miners see the growing battery boom as the way out of the sector’s slump.

UK-based mining investment firm Cadence Minerals has realised profit of £2.7-million on the partial sale of its equity stake in Bacanora Minerals, which is developing the Sonara lithium project in Mexico.
Cadence sold 8.90-million shares, representing 42% of its equity stake in Bacanora, for £6.23 million. The investment group purchased these shares between June 2013 and September 2014 for £3.56-million.

Every weekend for the past two seasons, a busload of young men from a remote WA community have been driving a 600-kilometre round trip to play football.

The South African Chamber of Mines (CoM) on Friday told delegates at the Africa Downunder conference, in Perth, that the mining industry in South Africa had lost confidence in the Mineral Resources Minister Mosebenzi Zwane and in the leadership of the Department of Mineral Resources (DMR).

In a scathing presentation, CoM CEO Roger Baxter said that there was still ‘significant’ corruption allegations which had not been cleared, while the proposed judicial commission of enquiry into state capture has not yet been established.

Following the breakthrough of opening the first new mine in Gauteng, South Africa, in the last 12 years, which is being developed by producer SepFluor’s wholly owned Nokeng fluorspar mine, the company aims to become vertically integrated in the fluorspar value chain in future. Fluorite ore is mined for the production of calcium fluoride (CaF2), also known as fluorspar, which is considered a valuable commodity and has a global market value of about $2-billion, according to SepFluor.

HAVANA – Cuba has begun to shut down its nickel industry in preparation for Hurricane Irma, state-run television said on Thursday. One of two processing plants, the state-owned Ernesto Che Guevara, was closed, and the second, a joint venture with Canadian miner Sherritt International Corporation, was operating at minimum capacity and was set to close as conditions warrant, the report said.

Mining companies say investments, including two new mines announced yesterday, will be re-assessed in the wake of the WA State Government’s decision to increase gold royalties.

DENVER, Colorado (USA)–(BUSINESS WIRE)–Präzedenzlos wird die Newmont Mining Corporation (NYSE: NEM) im Dow Jones Sustainability World Index (DJSI World, weltweiter Nachhaltigkeitsindex von Dow Jones) zum dritten Mal in Folge zum insgesamt führenden Unternehmen der Bergbaubranche nominiert. Newmont wird seit nunmehr elf aufeinander folgenden Jahren im DJSI World geführt. In diesem Jahr nahmen 942 Unternehmen am Corporate Sustainability Assessment (CSA) von RobecoSAM teil, das die führenden Unt

DENVER–(BUSINESS WIRE)–Sin precedentes y por tercer año consecutivo, Newmont Mining Corporation (NYSE: NEM) fue clasificada por el Índice Mundial de Sostenibilidad Dow Jones (Dow Jones Sustainability World Index, DJSI World) como compañía líder en sostenibilidad a nivel general en la industria minera. La inclusión de Newmont en el índice también marcó el 11.° año consecutivo en que la compañía ha sido seleccionada para el DJSI World. Este año, 942 compañías participaron en la Evaluación de So