Fortescue adds to Nyidinghu resource
PERTH (miningweekly.com) – Iron-ore major Fortescue Metals has boosted the resource at its Nyidinghu project, in the Pilbara by some 450-million tons, taking the project’s total resource ...
View ArticleFirestone requests another trading halt
JOHANNESBURG (miningweekly.com) – JSE- and ASX-listed Firestone Energy on Wednesday, for the second time in less than a month, requested a trading halt of its securities pending the outcome of ...
View ArticleNcondezi to select EPC contractor for power project
JOHANNESBURG (miningweekly.com) – The process to select an engineering, procurement and construction (EPC) contractor for the 300 MW Phase 1A of London-listed Ncondezi Coal’s proposed 1 ...
View ArticleDiamond investor confidence needs rebuilding - DiamondCorp
JOHANNESBURG (miningweekly.com) – Diamond juniors needed to rebuild investor confidence in diamond mining, which had been damaged by wishful thinking, DiamondCorp ...
View ArticleCall to overhaul mining impact assessment
THE state opposition has called in parliament for the government to overhaul how it assesses the impact of mining, after Maitland, Cessnock and Lake Macquarie missed out on Resources for Regions ...
View ArticleForecast calls for MENA drilling boom
Offshore oil and natural gas drilling in the Middle East should increase 25 percent from their 2012 levels in four years, a research firm predicts. Business intelligence firm GBI Research said it ...
View ArticleSeychelles to change oil laws invite exploration bids
Wed Mar 13, 2013 9:50am EDT * Companies can submit proposals from May this year * Seychelles revising model agreement, fiscal regime * Source says royalties likely to rise to 10 pct from 5 pct By ...
View ArticleBHP refutes accusations of bribery linked to the Beijing Olympics
Giant miner BHP Billiton (ASX:BHP) (LON: BLT)(NYSE: BHP) denied Wednesday any wrongdoing after the Australian Federal Police (AFP) and U.S. ...
View ArticleFirst Quantum ready to take over Inmet and create world’s biggest copper...
First Quantum Minerals (TSX:FM)(LON:FQM) is set to take control of fellow Canadian miner Inmet Mining Corp. (TSX:IMN)after announcing it was changing the terms of its hostile $5.1 billion takeover ...
View ArticleFreegold announces updated NI 43-101 compliant resource for Vinasale Project...
March 13, 2013 /CNW/ - Freegold Ventures Limited (TSX: FVL, Frankfurt: FR4N)("Freegold") is pleased to report the results of a NI43-101 compliant Mineral Resource estimate recently ...
View ArticleBuchans announces successful pre-concentration tests on its Woodstock...
March 13, 2013 /CNW/ - Buchans Minerals Corporation (TSXV: BMC) ("Buchans Minerals" or the "Company"), together with its partner, Minco plc ("Minco"), are pleased to ...
View ArticleDiamcor Completes Expansion Upgrades at Krone-Endora at Venetia
March 13, 2013 /CNW/ - Diamcor Mining Inc. (TSX-V.DMI) (the "Company") is pleased to announce it has successfully completed the procurement, delivery, construction, and installation of the ...
View ArticleGreat Northern Gold intersects 131 gt over 0.3 m in drill program at the...
March 13, 2013 /CNW/ - Great Northern Gold Exploration Corporation, ("Great Northern Gold" or the "Company") announced that it has completed the previously announced drilling ...
View ArticleBear Creek announces positive drill results on its Sumi Gold project Peru
March 13, 2013 /CNW/ - Bear Creek Mining (TSX Venture: BCM/ BVL: BCM) ("Bear Creek" or the "Company") is pleased to announce results for the five (5) diamond drill holes (1105.3 ...
View ArticleMining demand set to increase dramatically Deloitte
/enpproperty--> The world's mining companies are deferring their expansion projects in the face of China's waning demand, but the country's demand is expected to increase ...
View ArticleWednesday Sector Laggards Non-Precious Metals Non-Metallic Mining Oil Gas...
In trading on Wednesday, non-precious metals & non-metallic mining shares were relative laggards, down on the day by about 1.2%. Helping drag down the group were shares of Steel Dynamics (STLD), ...
View ArticleMetals Stocks Gold futures rise stay below $1600 an ounce
SAN FRANCISCO (MarketWatch) -- Gold futures headed higher Wednesday, looking to extend the previous session's gains, but finding little incentive to move significantly ...
View ArticleFerrexpo pays special dividend despite profits slump
Ukrainian miner recording a 62% drop in net profit to US$214.3 million as it was hit by lower iron-ore prices. Kostyantin Zhevago, the firm's 38-year old chief executive, is Ferrexpo's ...
View ArticleIFM extends Eskom buy-back agreement to May
JOHANNESBURG (miningweekly.com) – Integrated ferrochrome producer International Ferro Metals (IFM) on Wednesday agreed to extend the shutdown of one of its furnaces for another two months. ...
View ArticleJunior diamond sector lambasted by boss of DiamondCorp
Johannesburg , Loudon said the junior diamond sector had a lot of work to do to restore credibility with investors."We have ignored basic mining fundamentals and abandoned critical judgement. ...
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