Asteroid mining could lead to self-sustaining space stations - video
Deep Space Industries unveils plans to mine asteroids in space for precious resources. The US based company plans to launch a fleet of spacecraft, tasked with finding small asteroids that pass in ...
View ArticleAsteroid mining is back in fashion | Stuart Clark
space - and it collapsed along with Nasa's budget some time in the 1970s. Now asteroid mining, though thankfully not the tank top, is back in fashion. But can it really work?A new company ...
View ArticleDemocrats want more input in this mornings mining hearing
Democrats are complaining this morning about the way the chairs are handling joint legislative mining committees that are holding a hearing to review proposed mining legislation advanced by ...
View ArticleBHP says alumina and nickel operations still under pressure
nickel operations continue to be under pressure from a strong Australian dollar and weak pricing environment, but the company reported record quarterly aluminium production in the December ...
View ArticleRio offered gas lifeline for Gove
Rio Tinto's Gove alumina refinery, subject to several conditions, as the company considers closing the facility in the face of high operating costs.Rio announced in October last year it would ...
View ArticleSouth African govt. not threatening mining firms - Zuma
President Zuma says the government needs to engage with mining firms about proposed shaft closures and mass lay-offs and is not threatening them with licence ...
View ArticleCoal mining drives $34bn Moz infrastructure development
The boom in Mozambique’s coal mining industry was driving infrastructure development in the country, with the transport, energy and power infrastructure sectors set to experience the greatest ...
View ArticleNewmont expects lower Q4 goldcopper production
TORONTO (miningweely.com) – The world’s No 2 gold producer Newmont Mining expects its attributable fourth-quarter gold and copper production to be lower than that of the previous year, ...
View ArticleIamgold lifts Ontario project’s indicated resource by 114
TORONTO (miningweekly.com) – Canadian miner Iamgold on Wednesday said it has lifted the National Instrument 43-101-compliant indicated resource at its Côte gold project, in northern ...
View ArticleAfrican Rainbow Minerals looking at platinum purchases
The South African mining company controlled by billionaire, Patrice Motsepe, is looking at opportunities to buy platinum mines in the ...
View ArticleIntierraRMG provides mine cash cost data
IntierraRMG and World Mine Cost Data Exchange have aligned to jointly provide cash cost data on an exclusive basis in IntierraRMG's database subscription packages. IntierraRMG will also market ...
View ArticleSouth Africa has no immediate mining tax plans - Gordhan
- South African Finance Minister Pravin Gordhan said he has no immediate plans to raise mining taxes after the ruling party directed the government to ensure the industry contributes an ...
View ArticleNevsun beats 2012 guidance mid-year transition to copper on track
TORONTO (miningweekly.com) – Eritrea-focused miner Nevsun Resources beat its upwards-revised gold production guidance of 300 000 oz for 2012 at 313 000 oz, which was mainly attributable to ...
View ArticleDeep Space announces asteroid plans
Deep Space Industries has announced that it will send a fleet of asteroid-prospecting spacecraft out into the solar system to hunt for resources to accelerate space development to benefit Earth. The ...
View ArticleExploration spending decisions by miners slower than expected - Major Drilling
- It has been widely reported that ballooning capital costs on core development projects have inspired majors to pull back on 2013 spending ...
View ArticleTransition Metals nearly doubles Saskatchewan claim size
TORONTO (miningweekly.com) – Project generator Transition Metals on Wednesday said it has expanded the size of its fully owned Janice Lake property, which is located about 55 km southeast of ...
View ArticleForsys Metals consolidates Namibia projects under
TORONTO (miningweekly.com) – Namibia-focused uranium project developer Forsys Metals on Wednesday said positive drilling results from an extension-exploration programme on the company’s ...
View ArticleWorld’s largest Caterpillar dealer turns 80
TORONTO (miningweekly.com) – This year Canadian mining equipment merchant and the world’s largest Caterpillar dealer Finning International celebrates its eightieth anniversary. On ...
View ArticleNew Colombian coal port to be ready in a few months - govt
BOGOTA – A new 22-million-ton-capacity Colombian coal port by Glencore International's Prodeco unit should be ready in the next "few months", the government said on Wednesday. ...
View ArticleMolycorp warns on first-half revenue shares fall
Rare-earth producer Molycorp warned of significantly lower revenue and cash flow for the first half of the year and said it might have a cash shortfall of about $250-million for the year, sending its ...
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