Philippine coal miner halts operations after pit collapse kills 3
MANILA (REUTERS) - The Philippines' biggest coal miner, Semirara Mining Corp, has suspended operations at a mine in the central part of the country after three workers were killed and seven left ...
View ArticleTanzania Five Held Over Stolen Export Minerals
FIVE people, including an official with Tanzania Revenue Authority (TRA), have been arrested for allegedly being involved in the theft of tantalite minerals which were meant for export at Dar es ...
View ArticleZimbabwe Need to Amend Mining Laws
Deputy Prime Minister Arthur Mutambara yesterday said there was a need to amend the mining laws, among other things, if Zimbabweans were to benefit from its numerous resources. DPM Mutambara said ...
View ArticlePhilippine president orders probe on Antique mining accident
Philippine President Benigno Aquino III on Thursday ordered the National Disaster Risk Reduction Management Council (NDRRMC) to determine the cause of Wednesday's mining accident in the central ...
View ArticleDynasty Metals completes ground magnetic survey at Marandoo iron ore project
(MENAFN - ProactiveInvestors - Australia) Dynasty Metals (ASX:DMA) has completed a 240 line kilometres ground magnetic survey over its E47/2396 iron ore tenement within the Pilbara region in Western ...
View ArticleBalamara Resources gains strategic partner for base metals project development
(MENAFN - ProactiveInvestors - Australia) Balamara Resources (ASX: BMB) has signed on Centurion Resources (AIM: CEN) as a partner in the development of its flagship Montenegro Base Metals Project ...
View ArticleWalsh sets stringent cost control measures as Rio posts $2.9bn net loss
on Thursday set out stringent cost control measures in an effort to return shareholder value. "Under my leadership, Rio will have an unrelenting focus on pursuing greater value for ...
View ArticleOceanaGold exceeds full year output guidance
PERTH (miningweekly.com) – Dual-listed OceanaGold has exceeded its production guidance for 2012, on top of reporting a 55% increase in gold production for the three months to December. ...
View ArticleBandanna releases Springsure Creek EIS
PERTH (miningweekly.com) - Coal developer Bandanna Energy has released its environmental impact statement (EIS) for the Springsure Creek coal project, in Queensland, for public review, following ...
View ArticleCleveland raises A$7m for exploration
PERTH (miningweekly.com) - ASX-listed Cleveland Mining would raise some A$7-million through a share placement to institutional and sophisticated investors, to fund its exploration activities. The ...
View ArticleBalamara gets partner for Monty
PERTH (miningweekly.com) - ASX-listed Balamara Resources has entered into a strategic partnership with Aim-listed Centurion Resources to develop its flagship Montenegro base metals project, in the ...
View ArticleMirabela warns of A$380m impairment for 2013
PERTH (miningweekly.com) - Nickel miner Mirabela Nickel has warned shareholders that it would likely report impairment charges of $380-million for its 2012 full year, on its Brazilian assets. The ...
View ArticleLabour cost pressures dents Implats H1 headline earnings output
JOHANNESBURG (miningweekly.com) – Impala Platinum (Implats) on Thursday reported a 77.6% drop in headline earnings for the six months ended December 31, 2012, to R776-million, compared with ...
View ArticleRio appoints new iron-ore and copper chiefs
, who was formerly the division’s president for international operations. He will join the executive committee. Both appointments became effective on Thursday. "These two ...
View ArticleRio pays no mining tax
Mining giant Rio Tinto has not contributed a cent to the federal government's mining tax and does not know when it will start. However the new chief executive at the world's second largest ...
View ArticlePSEi slips on news of PH MSCI cut Semirara coal mining accident
MANILA, Philippines--Local stocks slipped from record highs on Thursday as the Philippines’ weight on its country trade flows was cut while a fatal landslide occurred at a coal mining site of ...
View ArticleModiin Energys Gabriella partners refuse to fund drilling
Brownstone Energy Inc. (TSX: BWN; Bulletin Board: BWSOF), have rejected its demand that they deposit their share of the credit lines for the rig operator drilling a well at the license, Noble ...
View ArticleHarmony reopens Kusasalethu expects full output by end-June
JOHANNESBURG (miningweekly.com) – Gold producer Harmony Gold was expected to start reopening the embattled Kusasalethu gold mine on February 15 after securing union and worker commitment to ...
View ArticleChevron moves closer to Romania shale gas exploration
Thu Feb 14, 2013 6:29am EST * Chevron has planning permits * Still needs at least two more permissions * Leftist government in favour of explorationsh By Ioana Patran BUCHAREST, Feb 14 (Reuters) - ...
View ArticleAustralian mining company Rio Tinto takes $3 billion loss for 2012
LONDON - Anglo-Australian mining group Rio Tinto PLC posted a $3 billion loss for 2012 after taking a $14 billion writedown from its aluminum business and the acquisition of a coal company in ...
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