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  • 33 Trapped Chilean Miners Safe and Well
    News - 23 Aug 2010
    Good news came for the relatives of the 33 Chilean miners who have been trapped underground for 17 days. The rescue probe which drilled down to 688 meters in the San Jose gold and copper mine made...
  • CuDeCo Market Value Halves in One Day
    News - 19 Aug 2010
    In a reminder of just how fast things can fall apart in the business world CuDeCo (ASX:CDU), a Queensland based mining company saw half its market value drop in one day. The sell off wiped away...
  • Goldbrook Venture to Ramp up Nunavik Nickel Mine
    News - 19 Aug 2010
    Goldbrook Venture Inc has announced that the company is ready to exploit the known resources of the Nunavik Nickel Project in Ungava in northern Quebec. This statement came after the Directors of...
  • Plans to Expand World's Biggest Mine
    News - 17 Aug 2010
    Kennecott Utah Copper Corp is hoping to extend the life of its Bingham Canyon mine to 2034 by a proposed expansion. The world's biggest mine may get bigger if they get the permission to increase...
  • Newcrest Mining Posts Spectacular Profits
    News - 16 Aug 2010
    Newcrest Mining (ASX:NCM), Australia's leading gold mining company, has doubled year profits as if to prove the fact. The after tax profit for end June for the full year was $557 million. This...
  • Hope Fades for Trapped Chilean Miners
    News - 12 Aug 2010
    The hope of finding the 33 trapped miners alive in Chile is now fast dwindling. Despite frantic rescue efforts to reach the group of miners trapped about 400 meters below the ground for six days there...
  • Zijin Mining Group to Shift Focus from Overseas Expansion to Safety and Environment in China
    News - 10 Aug 2010
    Toxic leaks, oil spills and fires seem to be plaguing Zijin Mining Group Co. The biggest gold producer in China has decided to slow down its pace of expansion overseas to focus on strengthening the...
  • Ivanhoe Australia Looks to Raise $269 Million for Expansion and Debt Repayment
    News - 10 Aug 2010
    Ivanhoe Australia (ASX:IVA) is planning to raise up to $269 million for the acquisition of a project to be developed in Queensland and to repay current debt. Ivanhoe plans to do so by announcing a...
  • Xstrata Sued by Beef Company Over Spill
    News - 10 Aug 2010
    A major beef company is suing Xstrata over alleged overflow of chemicals into waterways. The Stanbroke Pastoral Company has launched legal action against the Xstrata run Ernest Henry mine in northwest...
  • 33 Miners Trapped in Chilean Copper Mine
    News - 9 Aug 2010
    The 33 miners trapped in a mine in Chile will have to wait even longer to be rescued due to a fresh cave in. The accident occurred in a San Jose copper mine near the city of Copiapo in north Chile....

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