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  • Mining Boom Pressures Australian Inflation
    News - 21 Sep 2010
    Australia's Reserve Bank Governor Glenn Stevens said that interest rates will rise soon despite soft consumer spending and tight household budgets, because of the booming mining industry....
  • Orsu Metals Initiates Kazakhstan Copper Mine Feasibility Study
    News - 19 Sep 2010
    The Orsu Metals Group is starting its feasibility study at the sulphide copper mine it owns in Kazakhstan. The London based mineral exploration company is examining the use of Chinese equipment to...
  • Fly in Fly Out Workers Not Helping Economies of Remote WA Mining Towns
    News - 15 Sep 2010
    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. A report by a Commonwealth Bank...
  • Rio Tinto Increases Stake in Ivanhoe Mines
    News - 14 Sep 2010
    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...
  • Caerus Resources Reports on El Cafatel Gold Mine in Colombia
    News - 14 Sep 2010
    Caerus Resources Corporation (TSX VENTURE:CA) provided an exploration update on its El Cafatel Gold Mine in Colombia. The mine is located 12km north of the Marmato disseminated gold-silver...
  • Green Party Wants to Stop All New Uranium Mines in Australia
    News - 14 Sep 2010
    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...
  • Huge Injection of Cash for Argyle Diamond Mine
    News - 14 Sep 2010
    The Argyle diamond mine in Western Australia is going to receive an injection of cash to the tune of $803 million from Rio Tinto for major upgrades. The mining giant said that the completion of...
  • Alrosa Posts $70 Million Profit at Angolan Diamond Mine
    News - 12 Sep 2010
    Alrosa, Russia's largest diamond company, has posted a profit of $70 million for its Catoca diamond mine located in Angola. The mine situated near the town of Saurimo in north east Angola sold...
  • Ivanhoe's Oyu Tolgoi Mine in Mongolia on Schedule
    News - 8 Sep 2010
    The construction of Ivanhoe's Oyu Tolgoi Copper Gold complex in Mongolia is proceeding as per schedule. The President and Chief Executive Officer of Ivanhoe Mines Ltd. John Macken said that the...
  • Wayne Swan Says Mining Tax Not Up for Discussion
    News - 8 Sep 2010
    Wayne Swan the treasurer seems at odds with the tax summit being offered to key independent MPs in return for their support to form a Labor government. Mr. Swan said that the tax was not on the summit...

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