This issue of IMPN includes the astonishing news that a coal mining company is acquiring 10 new longwall mining systems and 12 new sets of gateroad development equipment. No it is not a company in China but is New World Resources, leading producer of hard coal in the Czech Republic and Central Europe. The major [...]

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Highlands Pacific is selling its Kainantu gold mine and surrounding Exploration Licences in Papua New Guinea to Barrick Gold. Highlands Pacific Chairman, Bob Bryan said that the transaction heralds a new beginning for Highlands which has suffered through a gold hedge book which had ballooned to $93 million due to the recently escalating gold price.

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