Page 9 - Mining Leases News Today

Lihir Phase 14A PFS indicates potential for growth and large scale, long life, low cost productionConfirms Lihir's pathway to become a 1Moz+ gold producer for at least 10 years from FY241$179m investment

The company has been granted Exploration Licence 9254 and its tenement portfolio at and around the Broken Hill Cobalt Project totals approximately 220...

“KWR will continue to focus on the very exciting potential we are seeing at Goongarrie as well as proving up new gold resources at Menzies over time. I...

The road to the planned sale of Royal Dutch Shell’s assets in Nigeria appears clearer now, with Wood McKenzie, a leading global oil and gas consulting firm, putting the total value of Shell Petroleum Develop Company (SPDC), the subsidiary it proposes to totally divest from, at about $2.3 billion. Last week Tuesday,

Goa Iron Ore Mining Ban Continues After SC Rejects Review Petitions, Upbraids Miners As of today, no entity holds a valid lease to mine iron ore in Goa. Iron ore mining in Goa. Photo: PTI Law24/Jul/2021 Bengaluru: In an order passed on July 9, the Supreme Court of India rejected pleas by Vedanta Ltd. and the state of Goa to review a judgment that cancelled the company’s mining leases in the state. Notably, the court also criticised both parties for their legal strategy – waiting for j...

Horizon Minerals Limited (ASX:HRZ) Boorara Resource Update Increases Gold Grade by 34%    Boorara Resource Update Increases Gold Grade by 34%Perth, April 27, 2021 AEST (ABN Newswire) - Horizon Minerals Limited ( ASX:HRZ) is pleased to announce an updated independent Mineral Resource estimate for the Boorara gold project located 15km east of Kalgoorlie - Boulder in the Western Australian goldfields (Figure 1*). HIGHLIGHTS - Highly successful grade control drilling, trial mining and toll m...

Absence of clarity on resumption of mining to put Goa in huge debt, say mine owners Panaji, Apr 18: A mine owners body in Goa has warned that the absence of clarity on resumption of mining activity will result in huge debt for the state as tourism, which is one of the major contributors to the state GDP, is feeling the pinch due to resurging coronavirus cases in the country. In an interview with PTI, Goa Mineral Ore Exporters Association (GMOEA) President Ambar Timblo said that the position of ...

Chief Minister Pramod Sawant on Saturday urged Prime Minister Narendra Modi to treat Goa as a special case and provide relief by way of legal reform to the coastal state in order to revive the non-functioning mining sector while virtually addressing the governing council of the NITI Aayog. Sawant also said that Goa, Indias smallest state, was wedged between the Western Ghats as the Arabian sea on the West, which left very little landmass for development purposes and urged the Prime Minister t...

(MENAFN - IANS) p>Panaji, Feb 20 (IANS) Chief Minister Pramod Sawant on Saturday urged Prime Minister Narendra Modi to treat Goa as a special case and provide relief by way of legal reform to the coastal state in order to revive the non-functioning mining sector while virtually addressing the governing council of the NITI Ayog. Sawant also said that Goa, Indias smallest state, was wedged between the Western Ghats as the Arabian sea on the West, which left very little landmass for developmen...

The contraction in Goas economy is likely to be in the range of 15%, one of the highest in India. The state is bound to borrow money in the current financial year to meet this spiralling deficit which if continues unabated, will result in a major state depression. The famed prosperity of Goa is at the brink of staring at a severe depletion in socio economic status. The situation can be salvaged to a large extent, if not completely wiped off in the immediacy.   Tourism and mining have been the...