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Rockfall traps nine miners in Iamgold mine in Quebec

By: Reuters     Updated 6 hours ago Rescuers were clearing rocks to free nine miners trapped about 1 km underground at Iamgold's Westwood gold mine, in Quebec, on Tuesday after a rockfall, a company spokesperson said. The miners, who have been trapped more than 12 hours, were uninjured and in constant contact with mine officials... 

Barrick investors welcome Chinese tie-up, debt reduction moves

By: Reuters     Updated 6 hours ago Barrick Gold's first step to long-promised partnerships with China, as well as progress in reaching an ambitious debt-cutting goal, are turning sceptical investors warmer toward the world's biggest gold miner. Barrick said on Tuesday it would sell a stake in its Porgera mine in Papua New Guinea... 

London Metal Exchange aims to boost liquidity, electronic trading

By: Reuters The London Metal Exchange (LME) took more steps on Tuesday to boost liquidity by making it easier for new members, including US speculators, to have direct access to its electronic trading system. The LME's owner, Hong Kong Exchanges and Clearing, has been striving to increase LME volumes and... 

Iamgold pays Sanatana Resources more than $400 000 in failed easement application

By: Henry Lazenby Canadian explorer and project developer Sanatana Resources has received $403 189.86 from international gold producer Iamgold, who paid on behalf of subsidiary Trelawney Mining and Exploration for the full costs awarded by the Ontario Mining and Lands Commissioner (MLC) regarding Trelawney's... 

Platinum project partners consolidate Waterberg JV, Extension projects

By: Henry Lazenby Following a firm $20-million funding commitment from joint-venture (JV) partner Japan Oil, Gas and Metals National Corporation (Jogmec), fellow JV partners Canadian explorer Platinum Group Metals (PTM) and black empowerment partner Mnombo Wethu Consultants had in conjunction with Jogmec agreed to... 

China's Zijin Mining extends global reach with Barrick, Ivanhoe partnerships; Aus offer

By: Henry Lazenby One of China’s largest mining companies Zijin Mining Group has extended its global reach after forming two new long-term mining partnerships with Western miners, while sustaining an aggressive pursuit of an Australian gold miner.  The world’s largest gold producer by output Barrick Gold on... 

China's Zijin Mining extends global reach with Barrick, Ivanhoe partnerships; Aus offer

Zuma promises to release Marikana report

By: RDM News Wire President Jacob Zuma has told parliament that he will release the report of the Farlam commission of inquiry into the Marikana massacre by the end of next month. Zuma was responding to mounting pressure‚ including a threatened court action by the families of the victims of the incident which saw... 

Zuma promises to release Marikana report
Photo by Duane Daws
President Jacob Zuma

Zim tungsten mine construction remains on track

By: Megan van Wyngaardt JOHANNESBURG (miningweekly.com) – Progress in the construction of the RHA Tungsten project, in Zimbabwe, was progressing on schedule , multicommodity resource and development company Premier African Minerals reiterated on Tuesday. Processing plant manufacturer Appropriate Process Technologies... 

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