Canadian company Allana Potash said on Tuesday that it had initiated a feasibility study for its potash project in Ethiopia.
By Joel Scanlon
7 Sep 2011
The President of Peru Ollanta Humala has given his approval to a law which gives the indigenous communities a right to be consulted over development being planned on their lands. The law was enacted by President Humala in Bagua which is a region in the Amazon where more than 30 people were killed in 2009 while protesting against oil and mining projects.
By Joel Scanlon
7 Sep 2011
UnionTown Energy has completed the phase of engineering and testing at the New Miami #42-20H well. The company has ordered for the required elements in order to confirm the completion and has prepared work plans for bringing this well on pump.
By Joel Scanlon
7 Sep 2011
NuPower Resources will commence a reverse circulation (RC) drill program at its Arganara phosphate project located in the Northern Territory.
By Joel Scanlon
7 Sep 2011
ADX Energy has drilled a 16" hole to 1,001 m of total depth at Sidi Dhaher-1 well. The company has spotted a competent structure for the casing shoe and has commenced to arrange for 13 3/8" casing processes.
By Joel Scanlon
7 Sep 2011
The Brazilian miner Vale SA is likely to sell its giant bulk carrier ships to China. The world’s largest iron ore producer had commissioned more than a dozen such ships but has decided that it does not want to become a major freight operator.
German utility company RWE AG is hoping to off-load its share in the uranium enrichment company Urenco. It owns the company jointly with E.ON AG and the UK and Dutch governments. The UK and Dutch governments both own one third of the company Urenco and RWE and E.ON own the remaining.
By Joel Scanlon
6 Sep 2011
OZ Minerals is hoping to begin construction of a mine at the Carrapateena copper and gold project by mid 2015. The company recently acquired the project located in South Australia for $250 million from Adelaide-based prospector Rudy Gomez and the Australian arm of Canadian mining giant Teck in the month of May.
China is temporarily halting the production of a rare earth metals in three mining districts in Jiangxi Province city. The Xinhua News Agency said that Gangzhou which is the largest producer of the rare earth metal called dysprosium has been ordered to comply strictly with the annual production quota.
By Joel Scanlon
6 Sep 2011
Rio Tinto and Anglo American are planning to sell their respective stakes in the Palabora Mining Co. Palabora Mining is the largest copper producing company in South Africa.
Claim Post Resources is a mineral exploration firm in Canada. At present, it has a 100% interest in the mineral privileges for approximately 63 patented claims and 1145 staked claim units, located in Timmins, Ontario.
By Joel Scanlon
6 Sep 2011
A new report that was commissioned by the Minerals Council of Australia says that miners will pay close to $23.4 billion in tax to federal and state governments in 2010-11 financial year. Deloitte Access Economics said in the report that the mining industry has paid an average tax of 41.5% from the financial years between 2007-8 to 2009-10.
By Joel Scanlon
5 Sep 2011
Minotaur Exploration has discovered a copper-gold mineralization trend which is 10 km long in the Cormorant prospect located near Cloncurry. The discovery was made during a recent drilling and geo-physics based exploratory program at the prospect in western Queensland.
By Joel Scanlon
5 Sep 2011
Venture Minerals has signed a Memorandum of Understanding (MoU) with Grange Resources for magnetite off-take from the Mt Lindsay tin and tungsten deposit in north-west Tasmania. The deal was signed on Monday.
A new publication co-authored by experts from Malvern Instruments and specialist mineral processing technology provider Outotec, examines how minerals processing can be made more efficient and cost-effective by the continuous monitoring of particle size using online laser diffraction analysis.