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  • Safety Shakedown for US Mining Industry
    News - 1 Feb 2011
    The US mining industry can expect a bit of a shakedown as the mining regulatory agency proposes a new rule that will help to close down mines with health and safety violations faster. The Mine...
  • Plan for Molybdenum Mine Near Crested Butte Approved
    News - 13 Jan 2011
    U.S. Energy Corp has won approval for a revised plan which will allow it to build a mine tunnel at Mount Emmons. The plan was being strongly protested by conservationists due to the mine's...
  • Shipping Freight Rates Decline on Over Supply
    News - 11 Jan 2011
    The freight rates for shipping lines are dropping despite record rise in commodity prices. Leasing costs for capesizes, 1000-foot-plus ships, which haul iron ore and coal may go down 34% to their...
  • Sherritt International Announces Approval of Increased Capital Costs for Ambatovy Project
    News - 20 Dec 2010
    Sherritt International Corporation (TSX:S) announced today the approval of increased capital costs for the Ambatovy Project to a total budget of US$4.76 billion, which includes a contingency of US$50...
  • Xstrata Targets Sphere Minerals
    News - 28 Oct 2010
    Xstrata may make an unconditional offer for Sphere Minerals Ltd (ASX:SPH) at $428 million if it manages to gain a 50% stake in the company as per Xstrata Coal chief executive Peter Freyberg. The...
  • Marius Klopper and Bob Brown in Agreement on Carbon Tax
    News - 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. Mr. Klopper has called for a carbon tax to be levied to protect the...
  • Indian Cabinet Approves Sale of Manganese Ore (India) Ltd. Stake
    News - 12 Sep 2010
    The sale of 10 per cent stake in Manganese Ore (India) Ltd. as part of a sale of state assets has been approved by the Indian cabinet. An Initial Public Offering in the nation's largest...
  • China Metallurgical Group To Construct Iron Ore Mine in WA
    News - 6 Sep 2010
    China Metallurgical Group Corp is planning to start construction on an iron ore mine in Western Australia by mid 2012 and start operations by 2015. The Chinese company plans to initially mine 55...
  • Australian Gold Production Reaches Six Year High
    News - 30 Aug 2010
    Gold is glittering in the country as the Australian production of the precious metal rose to a six year high in the June quarter. The new investment and the fast rising prices for gold have seen a...
  • Bob Brown Proposes a 'Bigger' Mining Tax
    News - 19 Aug 2010
    Bob Brown, Australian senator, and Parliamentary Leader of the Australian Greens, has proposed a 'bigger' mining tax to fund education to the tune of an extra $2 billion to be pumped into...

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