Mining Indaba Commodity prices to rise as global markets become less jittery
The acute phase of the global financial crisis is over, said Ric Deverell, head of commodities research at Credit Suisse, speaking at Mining Indaba ...
View ArticleNorthland shares in free fall after it pulls US$375m fundraising
Sweden .The Luxembourg-based company said: "It became apparent [we were] not in a position to conclude the offerings at the end of the subscription period. "[We] are engaged in discussions ...
View ArticleMining Indaba Anglo American’s Carroll adds to speculation about career plans
Anglo American plc's chief executive Cynthia Carroll told Mining Indaba that she was not going anywhere, sparking renewed speculation about where she will reappear within the mining ...
View ArticleDiscovery hits out at Chinese claims it breached takeover conditions
copper producer last week.The Shanghai-based private equity firm said last Friday it would let it's A$1.70/share offer for Discovery lapse after conditions of the transaction were ...
View ArticleCyprus to grant gas drilling license to Total
NICOSIA, Cyprus -; Cyprus will give France's Total SA a license to drill for undersea oil and gas deposits off the country's southern ...
View ArticleHD Mining chief makes his case for hiring temporary foreign workers
Penggui Yan, the chair of HD Mining International Ltd., explains a mining method that is used at nine of his other mines at the HD Mining offices in Vancouver on Feb. 4, 2013. (RAFAL GERSZAK FOR THE ...
View ArticleVideo New safety concerns over vitamins minerals herbs Study
Supplements are a big part of Americans' lives, but new research into vitamins, minerals and herbs is raising safety concerns. Dr. Holly Phillips ...
View ArticleINFOGRAPHIC The Periodic Table of smartphones
They seem to be everywhere these days: smartphones, wind turbines, hybrid cars, night-vision goggles and even weapons. Rare earth elements have become such a hot commodity that entrepreneurs and ...
View ArticleRio Tinto to generate over 2000 jobs in Western Australia
keep Australia as the world's number one iron ore producer , giant miner Rio Tinto (ASX, LON, NYSE:RIO) is creating over 2,000 jobs in the Pilbara ...
View ArticleReliance announces management changes to enhance North American presence
Mr. Gary Lewis to step down as Chief Executive Officer and remain as Non-Executive Chairman Immediate focus is to strengthen Reliance's presence among brokers and investors in the North ...
View ArticleCrocodile River mining suspended after fatality
JOHANNESBURG (miningweekly.com) – Operations at Eastern Platinum’s (Eastplats’) Crocodile River mine have been suspended following a fatal accident on Tuesday. Eastplats ...
View ArticleBotswana Diamonds considers equity in Orapa licences
JOHANNESBURG (miningweekly.com) – Aim-listed Botswana Diamonds entered into an agreement with a private South African company, which held an 85% interest in 13 prospecting licences covering 6 ...
View ArticleAngloGold Ashanti moving closer to ultradeep-mining goal
CAPE TOWN (miningweekly.com) – The world’s third-largest gold-mining company, AngloGold Ashanti, was moving closer to its goal of continuous gold mining at ultra depth using a method that ...
View ArticleJubilee Platinum Australia again extend merger completion date
JOHANNESBURG (miningweekly.com) – Aim- and JSE-listed Jubilee Platinum and ASX-listed Platinum Australia had again extended the heads of agreement (HoA) for the possible merging of the two ...
View ArticleFirestone completes first settlement under financial-restructuring process
JOHANNESBURG (miningweekly.com) - In the first stage settlement of South African coal miner Firestone Energy’s financial restructuring, it had sold 27.15-million new convertible notes (NCNs) to ...
View ArticleDeadly explosion in Mexico caused by gas buildup not bomb
A buildup of gas in the basement of the headquarters ofthe national oil company and not a bomb as local media reported caused the blast that killed 37 people and woundeddozens last week, ...
View ArticleTuesday Sector Laggards General Contractors Builders Metals Mining Stocks
In trading on Tuesday, general contractors & builders shares were relative laggards, down on the day by about 1.5%. Helping drag down the group were shares of Ryland Group (RYL), off about 3.3% ...
View ArticleMining Indaba South Africa’s mining minister expects to see positive results...
Anglo American Platinum Ltd regarding the producer's restructuring plans that could result in the loss of about 14,000 jobs, although she declined to give any details while the discussions are ...
View ArticleImmersive simulators for UG coal
Immersive Technologies has developed of simulators (conversion kit) for underground coal mining. This includes simulators for continuous miners, shuttle cars, roof bolters, longwalls and miner ...
View ArticleCBO underestimated potential revenues from expanded drilling study finds
Congressional Budget Office ’s estimate of potential revenue from expanded oil and gas leasing in federal areas was far too conservative, underestimating the potential budget impact by billions ...
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