Mandalay Resources Corp (TSX: MND, MND.WT) has reported that it has begun mining operations at the Chilean mine Cerro Bayo.
No matter what the analysts say about a fake boom, gold seems to be on the rise in the current global economic climate. The price of gold futures in the US rose to a record high for the second time in this week as many investors use it as an insurance against turbulent economy in the world of finance.
By Dr. Cameron Chai
19 Sep 2010
Members of South Africa's National Union of Mineworkers (NUM) have gone on a strike in the Rustenberg mine owned by Anglo Platinum. The 55 temporary workers from SAN Labour Hire are converged in the waiting area underground and refuse to come out.
The environmental impact of coal fired plants does not seem to be deterring the World Bank from funding coal power stations around the world.
By Dr. Cameron Chai
16 Sep 2010
In a direct consequence of its growing economic activities China is producing a whole lot of toxic coal ash from its coal fired energy plants.
By Joel Scanlon
16 Sep 2010
In an ironic situation BHP Billiton CEO Marius Klopper and the Greens leader Senator Bob Brown seem to have found common ground.
By Joel Scanlon
16 Sep 2010
International PBX Ventures Ltd. has announced the discovery of a new copper porphyry mineralized zone called Copper South. The zone is located about 2.5 km west of the Sulfato South and Cerro Moly Zones in Chile.
By Joel Scanlon
15 Sep 2010
The company holds 20,503 hectares of land in the Tulameen region near Princeton in British Colombia. This is a combination of 56 mineral claims. The project property is an ideal geological setting for a copper gold mine.
CGA Mining Ltd is looking forward to an increased production from its Masbate gold mine in the Philippines. The processing plant was originally designed to operate at a rate of 4 million tonnes per annum but a recent investment in it is likely to increase the throughput to 6.5 million tonnes per annum.
Mining activities in the Pilbara region of Western Australia (WA) do not seem to be helping the local economy as workers fly out with the money that they earn.
By Joel Scanlon
15 Sep 2010
Asciano Group (AIO), a transport infrastructure business, with a focus on ports and rail, is asking for a declaration so that the Queensland coal rail network is regulated by the Australian Competition and Consumer Commission (ACCC) after the public float of Queensland's coal and bulk freight network.
By Joel Scanlon
15 Sep 2010
The iron ore output for China rose by 2% in the month of August 2010 to reach 99.58 million tons. This is the second highest production on record.
Rio Tinto announced that it is increasing its stake in Ivanhoe Mines, a Canadian mineral exploration and development company which is currently developing the world's largest undeveloped copper-gold project in the South Gobi region of Mongolia.
Caerus Resources Corporation (TSX VENTURE:CA) provided an exploration update on its El Cafatel Gold Mine in Colombia.
The demand from the Greens Senator to stop all new uranium mines sent a shiver through the mining industry before the federal Resources Minister Martin Ferguson responded firmly with reassuring statements.