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StratMin signs offtake deal for Madagascar graphite

By: Creamer Media Reporter      Updated 15 minutes ago Aim-listed graphite producer StratMin Global Resources has started selling natural flake graphite from its Madagascar-based operations to an undisclosed independent graphite processor and merchant. This followed on the signing of an offtake agreement between the parties, which was effective... 

India takes baby steps towards open coal sector

By: Ajoy K Das     Updated 1 hour 13 minutes ago The Indian government has given the first hints of legislative changes designed to usher in the de-nationalisation of the country’s coal sector. While no timeframe for the dramatic reform of the sector had been given, the government has indicated that de-nationalisation was the path it would... 

Stellar to start Baoulé diamond sales before year-end

By: Creamer Media Reporter      Updated 1 hour 21 minutes ago West Africa-focused diamond development company Stellar Diamonds expects to start selling diamonds from its Baoulé trial mining project, in Guinea, before the end of this year. The miner had completed the processing of the first kimberlite sample from the project, following the successful... 

Iron-ore flood leaves little wriggle room for minnow Atlas

By: Reuters     Updated 1 hour 26 minutes ago A flood of low-cost iron ore is driving tiny Australian miner Atlas Iron to its break-even point, underscoring the pain inflicted by a ramp-up in output by mega-producers Rio Tinto and BHP Billiton. Atlas, which raced into production half a decade ago when iron ore prices were booming on the... 

WA enviro approval clears rare earths project for development

By: Esmarie Swanepoel     Updated 1 hour 38 minutes ago he Western Australian government has given environmental approval for ASX-listed Northern Minerals to develop its Browns Range heavy rare earths project. The environmental clearance marked the completion of the Browns Range project’s primary environmental assessment process. 

Newcrest to wrap up Wafi-Golpu study by year-end

By: Esmarie Swanepoel     Updated 1 hour 49 minutes ago Gold major Newcrest is hoping to complete an updated prefeasibility study (PFS) on its Wafi-Golpu joint venture, in Papua New Guinea, by the end of 2014, the Australian company reported on Tuesday. The project, which is being developed with South Africa’s Harmony Gold and comprises the Golpu and... 

Newcrest to wrap up Wafi-Golpu study by year-end

Balamara consolidates Mariola ownership in A$13m deal

By: Esmarie Swanepoel     Updated 1 hour 53 minutes ago ASX-listed junior Balamara Resources on Tuesday announced a A$13-million all-scrip deal to consolidate the ownership of the Mariola thermal coal project, in Poland. Under the terms of the transaction, Balamara would issue 200-million of its own shares, or similar, to acquire the remaining 85% of... 

Australian horse breeders halt Anglo American coal expansion plans

By: Esmarie Swanepoel     Updated 2 hours 14 minutes ago The New South Wales Planning Assessment Commission (PAC) has refused diversified major Anglo American’s application to develop the Drayton South mine, claiming it would negatively affect the Coolmore and Dudley horse breeding studs. The Drayton mine has been in operation since 1983 and produces... 

Australian horse breeders halt Anglo American coal expansion plans

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