Miner finds 239 carat raw diamond in Botswana
announced Monday it extracted a 239.2 carat diamond in Botswana. The Karowe mine, in the central district of the southern African country, also produced two more large stones weighing 124 and 71.1...
View ArticleChinas gold output up 24.75 in Jan
China's gold output increased by 24.75% YoY to 30.1 metric tons in January this year, according to statistics released by the Ministry of Industry and Information Technology yesterday. Gold mines in...
View ArticleChinas iron ore imports down 13.9 MoM in Feb
China, the world's largest steel maker, imported 56.42 million metric tons of iron ore and concentrate in February this year, reflecting a decline of 13.9% from January, according to the latest...
View ArticlePotash production inventories up while prices down
reports Agrimoney.com . Last month, potash prices fell below $420 per tonne, according to data from Potash Corp. China settled deals at $400 per tonne and, as the world's top importer, is able to set...
View ArticleGovernment backs more NT mining exploration
Alice Springs 0870 Northern Territory Mines and Energy Minister Willem Westra Van Holthe says his pro-development government will be a strong supporter of the minerals and petroleum exploration...
View ArticleBell sees drop in profit production in 2012 but believes 2013 will be better
Construction and mining equipment group Bell on Tuesday reported a 12% increase in revenue to R5.67-billion, up from the previous year’s R5-billion. Profit for the year, at R242.9-million, was,...
View ArticleIndia’s Afghan iron-ore steel projects threatening to come unstuck
KOLKATA (miningweekly.com) - The Indian consortium Afghan Iron & Steel Company’s (Afisco’s) $11-billion iron-ore and steel making project in Afghanistan was threatening to come unstuck following...
View ArticleTiger Resources Limited - Updated Presentation
March 18, 2013 /CNW/ - Tiger Resources Limited (ASX/TSX:TGS, "Tiger") advises that it has released an updated presentation in ASX. The full copy of the presentation is available in a release that has...
View ArticleBruce Garner to head up RBCCM metals business
- RBC Capital Markets has hired Bruce Garner from Standard Bank Group to run the Canadian bank's metals business, RBC said on Monday. As managing director and head of metals based in New York, Garner...
View ArticleMiners at Palabora extend underground strike
JOHANNESBURG – Workers at South Africa's Palabora Mining have extended an underground protest, halting mining at the country's largest copper mine, the National Union of Mineworkers (NUM) said on...
View ArticleResgen looks at new funding for A$350m mine
PERTH (miningweekly.com) – ASX- and JSE-listed Resource Generation (Resgen) on Tuesday announced that it was looking at alternative sources of funding to construct its Boikarabelo coal mine, in South...
View ArticleNew Hope H1 profit revenue fall on lower selling prices higher costs
PERTH (miningweekly.com) – Coal miner New Hope Corporation has reported a significant drop in net profit after tax for the first half of 2013, while revenue for the period also declined. The miner on...
View ArticleMt Woods economics improve on further work
PERTH (miningweekly.com) – Metals developer IMX Resources has improved the economics at its Mount Woods property, in South Australia, following results from recent metallurgical test work. The miner...
View ArticleApollo to spin-off Aus Gabon iron-ore assets in JV with Jindal
PERTH (miningweekly.com) – Explorer Apollo Minerals on Tuesday announced that it would spin-off its iron-ore assets in Australia and Gabon into a newly listed vehicle, to fast-track the development of...
View ArticleAzure divests of non-core assets
PERTH (miningweekly.com) – ASX-listed junior Azure Minerals on Tuesday told shareholders that it has sold off two of its non-core projects in Mexico for $100 000. The sale of the Estacion Llano and San...
View ArticleAttila converts resource at Gurnee
PERTH (miningweekly.com) – Coal junior Attila Resources has converted some 94% of its maiden inferred resource to the measured and indicated status at its Gurnee property, in the US. The ASX-listed...
View ArticleCongo halts oil exploration in Virunga Park
The government of Congo Kinshasa (DRC) has suspended the highly controversial oil exploration programme in the unique Virunga National Park, a World Heritage ...
View ArticleChinas ten biggest steel produc...
China's steel industry is the biggest in the world, producing 45.7 percent of global output from January to April and importing a record 210 million tonnes of iron ore over the same period. But the...
View ArticleChilean mining investment to top $100B
Investment in Chile's mining sector is set to exceed $100 billion over the next 12 years and about half will go into boosting copper production, mainstay of the Latin American country's economy, the...
View ArticleRiverkeeper Calls on Governor to Declare new York City Watershed Off-Limits...
Riverkeeper Calls on Governor to Declare new York City Watershed Off-Limits to Natural Gas Drilling NEW YORK - August 8 - At a press conference with Queens City Councilman Gennaro today, Riverkeeper...
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