ERA widens net loss in 2012
PERTH (miningweekly.com) - Uranium miner Energy Resources of Australia (ERA) has widened its net loss for the full year as uranium prices continued to decline. The miner said this week that net ...
View ArticleLynas facing one more court hurdle
PERTH (miningweekly.com) - Rare earths miner Lynas said this week that there was only one judicial review challenge remaining against its advanced materials plant (LAMP). The miner said that it ...
View ArticleIvanhoe Australia delivers on target
PERTH (miningweekly.com) - Copper-gold producer Ivanhoe Australia has remained well within its targeted expectations during the three months to December, with the miner producing some 4 322 t of ...
View ArticleAquilaVale sign Belvedere deal
PERTH (miningweekly.com) - Diversified miner Aquila Resources has reached an agreement with joint venture partner Vale on the price for its share in the Belvedere hard coking coal project, in ...
View ArticleGujurat gets takeover offer
PERTH (miningweekly.com) - ASX-listed Gujarat NRE Coking Coal have told shareholders to hold off on taking action on a 20c a share takeover offer from Jindal Power & Steel. The company was ...
View ArticleEvolution restarts Mt Rawdon
PERTH (miningweekly.com) - Australian gold major Evolution Mining has restarted processing operations at its Mount Rawdon gold mine, in Queensland. Operations were suspended earlier this week ...
View ArticleVele operations restart after flooding
JOHANNESBURG (miningweekly.com) – Aim-, ASX- and JSE-listed Coal of Africa Limited (CoAL) expected production at its Vele colliery to resume in the first week of February after extensive ...
View ArticleContinental opens thirds SA mine targets 2.8Mty RoM output
JOHANNESBURG (miningweekly.com) – Continental Coal has increased its combined targeted run-of-mine (RoM) rate to 2.8-million tons a year, following the start of production at its third South ...
View ArticleChinas Africa resource scramble goes platinum
LEDIG – China's scramble for resources is breaking new ground on South Africa's platinum belt. As older and less profitable shafts face closure, Chinese money is bank rolling one ...
View ArticleBeacon Hill enters ten-year coal transport lease
JOHANNESBURG (miningweekly.com) – ASX- and Aim-listed coal junior Beacon Hill Resources said on Friday that it agreed to lease rolling stock for the bulk transport of coal along ...
View ArticleGeological Facelift in the Appalachians
-; How does a mountain range maintain its youthful, rugged appearance after 200 million years without tectonic activity? Try a geological facelift -- courtesy of Earth's ...
View ArticleIndonesian province halts palm mining expansion
Indonesia's East Kalimantan province has imposed a 1-year ban on forest destruction, citing the need to curb mining and palm oil expansion and cut back on land ...
View ArticleRomania Govt Awards Shale Gas Exploration Permit to Chevron
Designated Romanian Prime Minister Victor Ponta addresses lawmakers during the validation vote session, in Bucharest, Romania, 21 December 2012. Photo by ...
View ArticleHuge blast kills at least 25 at Mexico’s Pemex HQ
An explosion caused by --so far-- unknown reasons left 25 people dead and over 100 injured at the Mexico City headquarters of state-own oil firm Petroleros Mexicanos (Pemex) late Thursday. Rescuers ...
View ArticleNorthcliff announces new directors and chairman
Feb. 1, 2013 /CNW/ - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF) announces the appointment of Marchand Snyman and David J. Copeland to the ...
View ArticleA.M. Kitco Metals Roundup Gold Firmer on Short Covering Bargain Hunting U.S....
Gold prices are trading modestly higher in early U.S. dealings Friday, on a corrective technical bounce and some bargain hunting following the strong selling pressure seen Thursday. A weaker U.S. ...
View ArticleCathay to let Discovery bid lapse after offer conditions “breached”
Discovery Metals Ltd lapse after bid conditions were "breached".The Shanghai-based private equity firm, which offered A$1.70/share for the company, said earlier it had "material ...
View ArticleVale snaps up outstanding Belvedere stake
Aquila Resources Ltd for the stake following an evaluation of the project from an independent third party in December last year.The transaction will take Vale's interest in the Belvedere ...
View Article‘Heavily-geared’ Eskom sees no alternative to tariff rises
In the absence of a fresh equity injection from its shareholder, State-owned electricity provider Eskom calculates R25-billion would be shaved off its revenues over a five-year period for every ...
View ArticleSierra Leone Sand-Mining Threatens Homes and Livelihoods
Freetown - Round-the-clock sand-mining on beaches within a few kilometres of Sierra Leone's capital Freetown is having a devastating effect on the coastline, destroying property, and damaging ...
View Article