Iron-ore steady at 15-month high China imports hit record
SINGAPORE – Iron-ore stayed at 15-month highs, backed by tight supplies of spot cargoes and firm Chinese demand, although some buyers are starting to step back from the market following a ...
View ArticleERA 2012 FY output up 40
PERTH (miningweekly.com) - Uranium miner Energy Resources of Australia (ERA) has reported a 40% increase in production for the 2012 full-year, compared with the previous 12 months, as the miner ...
View ArticleDendrobium mine supervisors to start industrial action
PERTH (miningweekly.com) - Mining giant BHP Billiton was facing industrial action from is mine supervisors at the Dendrobium coal mine, which forms part of its Illawara operations, in New South ...
View ArticleStraits Resources temporarily suspend Mt Muro mining operations
PERTH (miningweekly.com) - ASX-listed Straits Resources has temporarily suspended mining at its Mount Muro gold operations, in Indonesia, following a directive from the Provincial Governor of Central ...
View ArticleMexican steel exports down 17 in first nine months of 2012
Mexican exports of steel dropped by around 800,000 mt, or 17.4%, during the first nine months of 2012 in comparison with the same period in 2011, Canacero, the country's national steel chamber, ...
View ArticleIndustrial Metals Nickel climbs despite weak fundamentals
Precious metals were mixed on Wednesday amid appreciating US Dollar and increased caution ahead of the ECB press conference due on Thursday. Moreover, looming debates over the US debt ceiling ...
View ArticleMining manufacturing lose 15000 jobs
The mining and manufacturing sector lost 15,000 jobs in December while overall employment increased by a marginal 0.8 percent, according to the Adcorp Employment Index released on ...
View ArticleMining manufacturing sector lost 15 000 jobs in December
The latest figures were released by the Adcorp Employment Index on Thursday. The actual overall number of jobs grew by 12 556 in mining but permanent jobs continued to decline. In the last four ...
View ArticleGold Fields sets Sibanye listing dates
JOHANNESBURG (miningweekly.com) – Gold producer Gold Fields on Thursday said its newly launched gold-mining subsidiary Sibanye Gold would list on the JSE and the NYSE on February 11. Gold ...
View ArticleXstrata ends Intercept Hill farm-in agreement
PERTH (miningweekly.com) - Swiss-listed Xstrata’s copper division has opted out of a farm-in agreement with ASX-listed Argo Exploration, over the junior’s Intercept Hill joint venture ...
View ArticleNemex declares maiden resource for Guinea iron project
PERTH (miningweekly.com) - ASX-listed junior Nemex Resources has declared a maiden inferred resource of 258-million tons at its Telimele iron project, in Guinea. The maiden resource included some ...
View ArticleMinbos sees high level of interest from potential strategic partners
PERTH (miningweekly.com) - Phosphate developer Minbos Resources on Thursday said it was a step closer to the development of its projects in Angola and the Democratic Republic of Congo (DRC) after ...
View ArticleHays fees fall on Australia mining slowdown
posted a 1 percent fall in second quarter group net fees after lower activity in its high margin mining industry in Western Australia led to a hiring slowdown.The weaker performance in Asia, which ...
View ArticleAustralian cyclone shuts Rio Tinto ports
SYDNEY - Australia's first cyclone of the storm season is intensifying off the country's northwest, shutting key iron ore export terminals and disrupting coastal areas in mining powerhouse ...
View ArticleStudy confirms WA project’s technical financial viability
PERTH (miningweekly.com) - A scoping study into ASX-listed explorer Potash West’s Dandaragan Through project, in Western Australia, has confirmed the technical and financial viability of the ...
View ArticleBusiness must cater to employees – Ramaphosa
said according to a report on Thursday. He said at an ANC breakfast in Port Shepstone, KwaZulu-Natal, on Wednesday that workers' lives were worth more than the salaries they earned, The Times ...
View ArticleShanta Gold signs $30-million debt facility
JOHANNESBURG (miningweekly.com) - East African-focused gold mining company Shanta Gold on Thursday said it had signed and drawn down a $30-million medium-term facility with First National Bank (FNB). ...
View ArticleHardy Oil Gas in Talks to Increase GS-01 Exploration Block Interest
London - Hardy Oil & Gas, an oil and gas exploration and production company with assets in India, said Thursday it is in negotiations with the GS-01 exploration block operator to increase its ...
View ArticleExploration V Childrens Museum Hosts $aver Program Focusing on Financial...
A collaborative effort between Explorations V Children's Museum and TD Bank, the program focuses on improving family financial literacy through credit counseling, budgeting and savings plan ...
View ArticleNews Analysis Australias mining-driven economy facing slowdown
Australia's two-speed economy has been hit by a series of data-led body blows that point to an end to the mining boom and hint at another rate cut from the Reserve Bank of Australia (RBA). The ...
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