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Mubadala, Aris Gold partner for gold mine projectMubadala Investment Company, the Abu Dhabi based investor, has signed an agreement with Aris Gold Corporation for the operation of the Soto Norte Gold Project in Colombia, one of the world’s largest feasibility-stage gold projects. More… |
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Mubadala, Aris Gold partner for gold mine projectMubadala Investment Company, the Abu Dhabi based investor, has signed an agreement with Aris Gold Corporation for the operation of the Soto Norte Gold Project in Colombia, one of the world’s largest feasibility-stage gold projects. More… |
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Iran industries, mines draw $8.5bn investmentMore than $8.5 billion investment has been attracted in the Iranian industries and mines sector since 2013-14, a senior government official said. Minister of Industries, Mines and Trade Mohammad-Reza Nematzadeh told the Iranian Em More… |
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Dubai firm seeks funding for $8bn Guinean mineA Dubai-based resources firm is in talks with trading houses to develop bauxite reserves in Guinea, valued at $8 billion and previously held by BHP Billiton, the company's co-founder said on Thursday. James Tounkara, co-founde More… |
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Iran firm invests $30m in mine exploration activitiesIranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has invested $30 million since mid-March 2015 in mine exploration activities across Iran, a senior official said in a report. The reports on the More… |
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100 people unaccounted for after South Africa mine collapseMore than 100 people were unaccounted for after a gold mine in Mpumalanga province in northeastern South Africa caved in, a union official said on Friday, while emergency services said 49 miners had so far been brought to the surface. More… |
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Minehunters to dock at new British base in BahrainBritish aircraft carriers will not dock at a new naval base expected to open in Bahrain this year because the water is “not deep enough”. However, UK minehunters will be there permanently, said a report in the Gulf Daily More… |
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Iran tenders for development of new gold mineIran has tendered the development of a new gold deposit in its Qazvin province, with an aim to develop the participation of the private sector, according to a report. Early prospecting at the Niku’iye gol More… |
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Rio Tinto coal divestment starts with around $600m saleGlobal miner Rio Tinto on Wednesday said it had agreed to sell its 40 per cent stake in the Bengalla coal mine in Australia to New Hope Corp for $606 million, the latest shuffle of Australian coal assets amid a sector-wide downturn. More… |
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Glencore mine shut over job cuts processSouth 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 More… |
