Rio Tinto Alcan may shutter Sebree aluminum plant
NEW YORK - Rio Tinto Alcan said on Thursday the company is exploring several options for its Sebree aluminum plant, including a possible closure following a proposed rate hike by the Big Rivers ...
View ArticleIron Valley gets maiden reserve
PERTH (miningweekly.com) - Developer Iron Ore Holdings (IOH) had declared a maiden probable reserve of 134.7-million tons, grading 58.5% ion at its Iron Valley project, in Western Australia. The ...
View ArticleAquarius reports 29 drop in 2013 H1 revenue
JOHANNESBURG (miningweekly.com) – Aquarius Platinum on Friday reported that its revenue for the half-year ended December 31, 2012, had decreased by 29% from $252-million in the first half of ...
View ArticleFerrum Crescent to start Moonlight construction in 2015
JOHANNESBURG (miningweekly.com) – ASX-, JSE- and Aim-listed Ferrum Crescent on Friday said it planned to progress with a bankable feasibility study at its Moonlight iron-ore project, in ...
View ArticleMines must tackle migrant-labour millstone – SRK
JOHANNESBURG (miningweekly.com) – South Africa’s mining industry must tackle the thorny issue of migrant labour, says SRK Consulting South Africa ...
View ArticleDistressed PGMs sector’s ‘crisis’ can be resolved – analyst
The South African platinum mining industry – which hosts about 80% of the world’s resources – is in some distress, with the challenges it is experiencing including sluggish demand ...
View ArticleAquarius appoints new board member
to its board of directors with effect February 6. De Bruyn Sebotsa would also assume the role of chairperson of AQP’s local subsidiary Aquarius Platinum South Africa to ...
View ArticleIndustrial Metals Nickel moves lower amid ample global supplies
Precious metals tumbled on Thursday after Mario Draghi said the ECB will maintain its loose monetary policy. He also added inflation is likely to fall below 2%, putting heavy pressure on the precious ...
View ArticleKusalethu mine remains closed as labour talks continue
JOHANNESBURG (miningweekly.com) – Harmony Gold on Friday said that discussions with unions about the reopening of its Kusalethu mine were ongoing. The company had not reopened the mine after ...
View ArticleCity council deadlocks on $1.4 million exploration fee for Rays
A member of the St. Petersburg City Council said the City should stand its ground and demand that Tropicana Field is "the right place to play." The St. Petersburg city council split on a ...
View ArticleUnions rebuff Chinese mining firm
The company behind a plan to use Chinese miners at a proposed underground coal mine in northern B.C. is pleading with a pair of unions to drop their legal challenge of the project's temporary ...
View ArticleNewcrest Mining Limited - Financial Results for the 6 months ended December...
Feb. 8, 2013 /CNW/ - Newcrest Mining Limited ("Newcrest") (ASX: NCM)(TSX: NM) today released its financial results for the 6 months ended December 31, ...
View ArticleGold Fields To Extract Minerals From Brine
Gold Fields Ghana has noted that it has initiated project studies to extract minerals from the brine of its water treatment plants, which can be used as the base for the production of commercial ...
View ArticleTVI Pacific Inc.s Philippine Affiliate Provides Update on Net Smelter Return...
Feb. 8, 2013 /CNW/ - TVI Pacific Inc. (TSX:TVI) (OTCQX:TVIPF) TVI Pacific Inc. (TVI or the Company) and TVI Resource Development (Phils.), Inc. (TVIRD) are pleased to provide an update on net ...
View ArticleMonument Comments on GoldMet Disclosure No Agreement Reached
Feb. 8, 2013 /CNW/ - Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) ("Monument" or the "Company") wishes to inform the market that while it is in discussions with GoldMet ...
View ArticleMetals Stocks Gold flat takes cue from stable euro
FRANKFURT (MarketWatch) -- Gold futures were little changed Friday, with traders taking their cue from a stable euro a day after tracking the shared currency's losses, while strategists said ...
View ArticleSouth Africa Mining Must Be Agent of Change - Cutifani
Visits to Guinea in his role as head of AngloGold Ashanti brought home to Mark Cutifani the fact that something dramatic had to shift within the mining industry if it was to survive. There is ...
View ArticleMedgold arranges $975000 convertible debenture financing
Feb. 8, 2013 /CNW/ - Medgold Resources Corp. (TSX-V: MED), the European focused gold exploration company, is pleased to announce that it has arranged, subject to Exchange approval, ...
View ArticleA.M. Kitco Metals Roundup Gold Slightly Down Little Reaction to China...
Gold prices are trading just below unchanged levels in the early going Friday. The gold and silver markets showed little reaction to some fresh, upbeat Chinese economic data released Friday. April ...
View ArticleNorthland’s Swedish subsidiary files for reconstruction
Sweden .The move comes days after the failure of the group to raise funds via a US$375 million equity and bond issue.The decision to file for reconstruction, a type of insolvency, will also affect ...
View Article