Any plans for a proposed uranium mine at the Angela and Pamela deposits near Alice Springs have been knocked back by the Northern Territory government.
Ivanhoe Mines finally has something to be happy about at Oyu Tolgoi. The company has discovered a new mineralized zone at the southern Mongolian mine on Tuesday. The Canadian exploration company has been working on the copper and gold project in Mongolia for almost a decade.
BHP Billiton is planning on spending $ 15 billion on the planned expansion of the Olympic Dam copper and uranium mine.
Galaxy Gold, a mining and exploration company, has appealed to the Johannesburg Stock Exchange against the ruling that the company may not list as it does not have possession of new order mining rights.
By Joel Scanlon
29 Sep 2010
On September 1, 2010 North American Tungsten Corporation Ltd. has increased the estimated minerals reserve at the Cantung Mine to 1.693 million tons from its previous estimate of 1.021 million tons given in July 2009. This will extend the life of the Cantung Mine by over four years at its present mill capacity.
By Joel Scanlon
29 Sep 2010
Claude Resources, a Saskatoon, Canada-based mining company, has been found guilty of polluting the water in Saskatchewan by a provincial court in La Ronge, Canada. The offending Seabee Mine is located near Laonil Lake around 125 km north east of La Ronge and began production in 1991.
By Dr. Cameron Chai
29 Sep 2010
YTC Resources (ASX:YTC) has had an excellent start to its exploration activities at the Nymagee Copper Mine in New South Wales.
By Joel Scanlon
28 Sep 2010
A tin mine operated by the Xinyi Zijin Mining company, a subsidiary of the Zijin Mining Group, in southern Guangdong province has halted production after a number of fatalities resulted in a nearby community.
By Joel Scanlon
28 Sep 2010
Xstrata is mounting pressure on the Australian federal government to start a debate on the carbon tax. The chief executive of Xstrata Coal Peter Freyberg said that he wanted to see the government start a proper consultation process on the issue.Xs
By Dr. Cameron Chai
28 Sep 2010
The coal seam gas industry is expanding to meet the growing demand for energy from Asian nations. Metgasco (ASX:MEL), a major coal seam gas company, is currently considering developing a new offshore natural gas plant near the New South Wales coastline.
Mongolian Mining Corp is planning to increase its profit margin by expanding production and completing infrastructure projects with the penultimate aim of becoming listed on the Hong Kong stock exchange.
By Dr. Cameron Chai
27 Sep 2010
The rescue operation for the 33 miners trapped underground at the San José copper-gold mine, Chile reached a milestone when the 'Phoenix Capsule' reached the mine site on Saturday.
By Joel Scanlon
26 Sep 2010
The Afghanistan Mines Minister Wahidullah Shahrani has said that the Hajigak iron ore deposit is open for tender as of today.
By Dr. Cameron Chai
26 Sep 2010
Cudeco (ASX:CDU) has picked up $20 million to ease market volatility via an institutional investor. The company has issued 10 million new shares at the rate of $2 each to the investor. The announcement made Cudeco shares rise by 12 cents, closing the week out at $2.15 per share.
Australia won't see as many takeovers in the coal mining industry as many potential targets have already been acquired after the recent surge in acquisitions as per UBS's head of metals and mining Campbell Stewart.
By Dr. Cameron Chai
24 Sep 2010