Firestone Energy posts earnings operational loss
JOHANNESBURG (miningweekly.com) – JSE- and ASX-listed Firestone Energy, which again on Friday reiterated to its shareholders that they should take no action on ASX-listed Range River ...
View ArticleR300m investment on way to resuscitate liquidated Orkney gold mine
JOHANNESBURG (miningweekly.com) – The new controlling shareholder of the Orkney gold mine is expected to make an operational investment of between R300-million and R400-million to resuscitate ...
View ArticleCopper Fox announces increase in previously announced private placement to...
March 8, 2013 /CNW/ - Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSXV: CUU) is pleased to announce that subject to the approval of the TSX-Venture Exchange, it has ...
View ArticleKarish 1 drilling to begin in coming days
AVNR.L ) announced this morning that drilling at the Karish 1 field will begin in the coming few days. The companies said that the drilling at Karish 1, which is part of the Alon C license, would ...
View ArticleWhere are the Democrats in extracting more taxes from the mining industry
The surprise move this week by Nevada Senate Republicans calling for a mining tax increase as an alternative to the business margins tax offered up some fascinating political theater and intriguing ...
View ArticleSandvik to acquire Canada’s Cubex drilling solutions business
As the company's global sales and distribution agent Sandvik has had a long association with canada's Cubex and is now to acquire the latter's drilling solutions business and ...
View ArticleGrootegeluk workers down tools
JOHANNESBURG (miningweekly.com) – Workers at Exxaro’s Grootegeluk mine have downed tools in a series of labour disputes that were likely to spread further across the company’s other ...
View ArticleCat emphasises partnership approach to servicing global mining
In its latest video Caterpillar, nowadays the world's largest manufacturer of production mining equipment, emphasises the the importance of ...
View ArticleAssembly approves mining bill
Republicans in the Wisconsin Assembly approved a mining bill Thursday and sent the measure to Gov. Scott Walker, completing a long push to help a Florida-based company open an iron-mine near the ...
View ArticleWashington Budget Deal Could See Selling of Gold Precious Metals Flat Ahead...
U.S. DOLLAR gold bullion prices hovered near $1580 an ounce Friday morning, broadly in line with where it started the week, as stocks edged higher and the US Dollar weakened ahead of the publication ...
View ArticleCentre clears prosecution of IAS officer Srilakshmi in Andhra mining scam
The central government's Department of Personnel and Training has, after obtaining President Pranab Mukherjee's assent, permitted the Central Bureau of Investigation (CBI) to launch ...
View ArticleTen Bumi executives desert the sinking ship
Ten executives have quit PT Bumi Resources, Indonesia's top coal exporter, as the firm gets ready to disconnect itself from the Bakrie Group and London-listed parent Bumi Plc (LON: ...
View ArticleAldridge Reports 2012 Year-End Financial Results
March 8, 2013 /CNW/ - Aldridge Minerals Inc. (TSX Venture: AGM) ("Aldridge" or the "Company") is pleased to announce the filing of its audited consolidated financial statements ...
View ArticleA.M. Kitco Metals Roundup Gold Lower Hits 2-Week Low in Wake of Stronger U.S....
Gold prices are moderately lower and hit a fresh two-week low in Friday morning U.S. trading, following a stronger-than-expected rise in U.S. jobs growth and a decline in the unemployment rate in ...
View ArticleChina Africa Resources progresses feasibility study
JOHANNESBURG (miningweekly.com) – London-listed China Africa Resources expected to complete the feasibility study of its Berg Aukas project, in northern Namibia, by the end of the year. ...
View ArticleForbes Manhattan Coal Q4 production jumps 20
JOHANNESBURG (miningweekly.com) – TSX- and JSE-listed Forbes & Manhattan Coal reported strong fourth-quarter production at its Magdalena bituminous and Aviemore anthracite mines, with total ...
View ArticleBauba expects 2013 H1 loss
JOHANNESBURG (miningweekly.com) – Bauba Platinum expected to report a loss a share and headline loss a share of between 3.8c and 4.5c for the six months ended December 31, 2012. This ...
View ArticleMetals Stocks Gold turns up investors mull data dollar rise
SAN FRANCISCO (MarketWatch) -- Gold prices turned higher Friday, rebounding from initial weakness in the wake of data showing much stronger-than-expected jobs growth in the ...
View ArticleNewmont won’t leave Peru’s gold-rich Cajamarca region by 2016 company
press reports claiming the company's subsidiary Yanacocha was planning to leave the gold-rich northern region of Cajamarca no later than 2016. ...
View ArticleDigging for facts on the mining bill
PolitiFact Wisconsin also tested various conflicting claims about the size and economic impact of the proposed mine, and plans to employ its Truth-O-Meter on more. Its mining archive ...
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