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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... →
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... →
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... →
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... →
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... →
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... →
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... →
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... →