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START THE WEEK: WHAT YOU NEED TO KNOW
Germany closed its last two hard coal mines in the west of the country at the end of December, ending two centuries of mining history in the industrial Ruhr Valley.
The closure of the Prosper-Haniel and Ibbenbüren mines has been claimed as a victory by climate change campaigners demanding the phasing out of coal-fired power generation, but the closures are attributed more to the mines'...
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Regional specialist Patagonia Gold is reviewing production forecasts for its Cap Oeste gold-silver mine in southern Argentina after below-forecast grades, labour disruptions and crushing circuit downtime in the Dec qtr pulled it up short of its revised guidance for the year to end-Dec.
Total FY2018 production was 42,906oz gold equivalent, up from 20,088oz in FY2017 but 5% below the 45,000oz target.
Patagonia resumed re-handling and...
The demand for more quality in the major Asian markets including China, Japan, Korea and Taiwan promises more positive outcomes for the Australian coal mining sector, the nation’s leading pure-play coal producer Yancoal believes.
After announcing a 78% increase in its attributable saleable coal production to 32.9Mt for the year to end-December 2018, Yancoal has lifted its production guidance for FY2019 to 35Mt.
It predicts the introduction of...
Continued strong performance from its Tier 1 NSW mines have seen dominant Australian coal producer Yancoal lift attributable FY2018 production to 32.9Mt, up from 31.45Mt in the previous year.
The Moolarben (85%-owned), Mount Thorley Warkworth (82.9%) and Hunter Valley Operations (51% JV with Glencore) contributed 84% of the total.
CEO Reinhold Schmidt says the result benefits from record production at Moolarben and maximising...
Prairie Mining has had 2 significant wins in Poland’s Supreme Administrative Court over its right to develop the potentially world-class Jan Karski coking coal project in the Lublin coal basin.
In separate rulings, the court has finally rejected claims by local mining company Lubelski Węgiel Bogdanka over part of the project area and ordered the Polish environment ministry to approve Prairie’s submission on another deposit.
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Australian miner Aus Tin is beginning the transition from tailings and stockpiled material to processing fresh ore at its Granville tin project 20km N of Zeehan in Tasmania after completing the construction of its new tailings storage facility.
The new tailings facility was a permit condition for expanding the Granville project to about 40,000tpa from its 2,500tpa Level 1 operations, which concluded in late 2017.
The move to...
Trevali Mining’s 1st full year of operations in Africa and despite challenges at the Caribou mine in Canada, expected to return to normal production levels in Q2 2019, the company has lifted Dec 2018 year (FY/CY18) zinc production to a bottom of guidance 407Mlbs, but well up on 2017’s 225Mlbs.
However, lead production fell to 41.7Mlbs from 45.8Mbs and silver to 1.2Moz from 1.56Moz....
Company - Progress Minerals Inc
Vancouver-based private company focused on exploration projects in West Africa
Burkina Faso police and security authorities are continuing to investigate the death of a senior employee of Canadian-based explorer Progress Minerals after being kidnapped from an exploration camp at Tiabongou in the country’s east.
The privately owned company confirmed the body of Kirk Woodman was found on Jan 17, two days after the kidnapping.
CEO Adam Spencer said Kirkman, a highly respected geologist with over 20 years experience in West...