Canada approves Exxons $2.6 billion purchase of Celtic Exploration
Wed Feb 20, 2013 11:56pm EST (Reuters) - Celtic Exploration Ltd (CLT.TO) said the Canadian government has approved its acquisition by Exxon Mobil Corp (XOM.N), paving the way for the $2.64 billion ...
View ArticleMining slowdown to dent NRW earnings
Contractor NRW Holdings has reported a solid increase in half-year profit but signalled a slowdown in its business, particularly its contract mining division, in the second half of the year. The ...
View ArticleMetals Stocks Gold futures plunging further
SYDNEY (MarketWatch) -- Gold futures took another tumble in Asia on Thursday, dropping almost $20 anounce as investors moved out of the precious ...
View ArticleGold price will bounce back over the long term Rule
CNBC video interview. "I think the technical [signs] are scary, but the fundamentals are pretty good. What you find in gold bull markets is that retrenchments are fairly frequent, and this is ...
View ArticleGreat Western Minerals Group Investigates Former Project Director and Contractor
Feb. 21, 2013 /CNW/ - Great Western Minerals Group Ltd. ("GWMG" or the "Company"), (TSXV: GWG) today announced that as a result of an internal investigation into the activities ...
View ArticleAir Products Enters Agreement with Shanxi Lu’An Mining to Build and Operate...
Air Products’ pursuit and success in developing large air separation unit (ASU) projects in China has been bolstered with the winning of the second largest ASU onsite order ever awarded to the ...
View ArticleNickel pig iron output to rise 25 as costs decline
China's nickel pig iron output in 2013 may rise 25 percent more than previously forecast as costs decline, curbing nickel imports, Japan's top producer of the metal said. China's ...
View ArticleOperations resume at Eastplats’ Zandfontein operation
JOHANNESBURG (miningweekly.com) – South Africa’s Department of Mineral Resources (DMR) has lifted all Section 54 notices issued to the Zandfontein section at Eastern Platinum’s ...
View ArticleIndian government kick-starts delayed coal projects
KOLKATA (miningweekly.com) - Delayed coal projects in India have received a kick-start with the government’s newly set-up Cabinet Committee on Investments (CCI) approving six of the proposed 40 ...
View ArticleNew Sierra Leone agency to seek mining contracts review
- A new government agency charged with enforcing Sierra Leone’s mining laws will "definitely" recommend changes to some of the West African nation's existing contracts with ...
View ArticleBRIEF-Nyota Minerals raises 4 mln stg via placing
LONDON | Thu Feb 21, 2013 3:38am EST LONDON Feb 21 (Reuters) - Nyota Minerals Ltd : * Placing of 4.0 million and share purchase ...
View ArticleChina plans to tax carbon emissions
In an effort to preserve the environment and conserve natural resources,China plans to implement new taxes on carbon emissions, coal and ...
View ArticleAustralia Pacific LNG plant costs rise by $1.7bn
PERTH (miningweekly.com) - Energy major Origin Energy has warned of a near $2-billion cost blow-out at its Australia Pacific liquefied natural gas (APLNG) project. A review of the APLNG project ...
View ArticleIluka to cut production jobs to curb costs
PERTH (miningweekly.com) - Mineral sands miner Iluka on Thursday announced it would cut some 200 jobs and halve production in an effort to curb production and operating costs, following a 33% decline ...
View ArticleEvolution triples interim profits
PERTH (miningweekly.com) - Gold miner Evolution Mining nearly tripled its underlying net profit for the six months to December, as production and revenue for the interim period increased. ...
View ArticleHaggarty steps down at Whitehaven
announced that he would be leaving the company on March 25. Haggarty, who has been MD and CEO of Whitehaven since 2008, would remain as a non-executive director of the board, following his ...
View ArticleOperations causes PanAust profits to rise
PERTH (miningweekly.com) - ASX-listed copper and gold miner PanAust on Thursday reported a 15% increase in its earnings before interest, tax, depreciation and amortisation (EBIDTA) for the 12-months ...
View ArticleSumatra clears funding hurdle
PERTH (miningweekly.com) - ASX-listed Sumatra Copper and Gold has received credit approval for $35-million in financing to fund the development of its Tembang gold project, in Indonesia. The ...
View ArticleYancoal takes over Middlemount mining
PERTH (miningweekly.com) - ASX-listed Yancoal would take over operations at the Middlemount coal joint venture (JV), after reaching an agreement with mining services provider NRW Holdings. Yancoal ...
View ArticleResgen starts Boikarabelo mine construction
JOHANNESBURG (miningweekly.com) – ASX- and JSE-listed Resource Generation (Resgen) on Thursday said construction activities at its $630-million Boikarabelo coal mine, in Limpopo, had started, ...
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