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Condor Blanco Mines preparing drilling and valuation update

(MENAFN - ProactiveInvestors - Australia) Condor Blanco Mines (ASX: CDB) has gone into an ASX trading halt while it finalises an update on drilling at Carachapampa and the valuation of the Marianas ...

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Nevada GOP lawmakers offer to sacrifice mining taxation to stop margins tax

Nevada Senate Republicans are supporting a resolution, SJR 15, which strips the mining of its state constitutional ceiling on mining ...

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33 arrested for illegal mining in West Rand

Thirty-three men were arrested for illegal mining at Sibanye Gold Mine in the West Rand on Wednesday, the Hawks said. Mine security guards went underground in the early hours of Wednesday, found ...

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Lonmin strike ends – union

JOHANNESBURG – Miners returned to work on Wednesday at world No. 3 platinum producer Lonmin's Marikana mine in South Africa, ending a one-day illegal stoppage, a trade unionist said. ...

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Mining boom enters exporting upswing Swan

The billions of dollars invested in mining over recent years is starting to pay off, after a lift in exports helped to buoy the economy in the final months of 2012 when other major economies went ...

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Drilling Commenced at New World`s Belize Well

New World Oil and Gas Plc, an oil and gas exploration and development company focused on Belize and Denmark, announced that the Rio Bravo #1 well targeting the West Gallon Jug Crest prospect ...

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Chinas oil gas output up in Jan

China's crude oil and natural gas output both marked year-on-year rises in January, new data from the country's top economic planner shows. The National Development and Reform Commission ...

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Petrovietnam Eni Pen Pact for Unconventional Energy Exploration

State-backed PetroVietnam and Italian major Eni SpA inked a joint venture agreement Thursday which paves the way for the latter to enter into partnerships for coal bed methane and shale oil ...

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Mining contractor killed in Mt Isa

Mount Isa 4825 An investigation is underway into a workplace death at Mount Isa in north-western Queensland. A contractor carrying out work for Incitec Pivot was fatally injured in an accident late ...

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Finance Minister promises transparency in mining contracts

Accra, March 5, GNA - The Finance Minister, Mr Seth Terkper on Tuesday stressed the need to build technical capacities to negotiate mining contracts for the benefit of ...

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Mt Gordon project to be placed on care-and-maintenance

PERTH (miningweekly.com) – India’s Aditya Birla would be placing its Mt Gordon copper project, in Queensland, on care-and-maintenance by the end of April this year. The miner said on ...

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Australian exploration spend declines in Dec quarter

PERTH (miningweekly.com) – Capital spend on exploration activities fell by some 10.2% during the December quarter, to A$790.2-million, the Australian Bureau of Statistics (ABS) reported this ...

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Mega-mining mergers to give way to asset rationalization in 2013-PwC

- "With mega-mergers out of the way and the importance of the bottom-line front and center, 2013 will be all about asset rationalization," says the new PwC report, Down, but not out, ...

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Flinders signs MOUs with Chinese mills

PERTH (miningweekly.com) – ASX-listed junior Flinders Mines has signed memorandums of understanding (MOUs) with four Chinese steel mills over its flagship Pilbara iron-ore project. The ...

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Straits resumes Mt Muro operations in full

PERTH (miningweekly.com) – ASX-listed Straits Resources has resumed mining activities over a further portion of its Mount Muro gold project, in Indonesia, after operations were suspended in ...

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Comet Ridge holds potential for Acacia

PERTH (miningweekly.com) – A prefeasibility study into junior Acacia Coal’s Comet Ridge project, in central Queensland, has proven that the project was economically feasible. For a ...

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Stanmore launches PFS at Beliview

PERTH (miningweekly.com) – Coal developer Stanmore Coal would launch a prefeasibility study into its Beliview coking coal project during the second half of the year, after positive results from ...

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Jennings to leave African Barrick Gold for another mining company

would assume Jennings’ day-to-day responsibilities. Jennings would remain with ABG as part of the team overseeing the completion of the initial stages of the company’s operational ...

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Industrial Metals Nickel rallies as Chinas imports may climb

Precious metals rebounded on Tuesday on after Federal Reserve Vice Chairman Janet Yellen said that the Fed should continue its bond-buying activities. Moreover, expectations that the BOJ will also ...

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Robersons mining tax proposal opens rift among Republicans

CARSON CITY - In a single move fraught with exquisite political irony, Senate Minority Leader Michael Roberson, R-Henderson, both usurped from Democrats a favorite populist issue Tuesday and launched ...

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