Breaking News
GOLD
PanTerra starts processing at Las Lagunas
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ASX-listed gold miner PanTerra Gold has started processing at its Las Lagunas gold/silver project, in the Dominican Republic.
High-grade refractory tailings from the Pueblo Viejo mine were currently being fed into the Albion carbon-in-leach (CIL)...
23rd May 2012
GOLD
Gold slumps on scepticism of EU meeting
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Gold eased on Wednesday extending sharp losses made in the previous session as investors were sceptical that an informal European Union meeting later in the day would yield steps to help solve the region's debt crisis.
Gold fell to as low as $1...
By: Reuters
23rd May 2012
DIAMONDS
De Beers mounts rescue bid for trapped illegal Namaqua diamond diggers
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Diamond miner De Beers has mounted a rescue bid for at least seven illegal diamond diggers who are trapped in illegally excavated tunnels at De Beers' Namaqua diamond mines in the Northern Cape.
De Beers and Namaqualand Mines said that the...
By: Martin Creamer
23rd May 2012
Afri, Eur, Aus: Newsletter roundup
Rapid progress at Randgold's Kibali, Moz buys Moatize stake, Chinese eye Uganda copper mine and other news in the Africa Mining Roundup
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This month's electronic report includes details on African miner Randgold Resources' development of the Kibali project, in the Democratic Republic of Congo; the government of Mozambique's deal to acquire a 5% stake in the Moatize coal project for...
23rd May 2012
IRON-ORE
Indian steel companies secure new iron-ore reserves
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Two Indian steel companies, Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL) would be granted new iron-ore leases in the central Indian province of Rajasthan.
SAIL and RINL would be granted leases for 864.6 ha and...
By: Ajoy K Das
23rd May 2012
IRON-ORE
LIM kicks off 2012 with first China exports
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Toronto-listed Labrador Iron Mines (LIM) shipped its first China-bound load of the steelmaking ingredient for 2012 last week, and is on track to meet its two-million-ton sales target for the year, it said on Tuesday.
Its James mine, located in...
By: Matthew Hill
22nd May 2012
MANAGEMENT RESHUFFLE
Ncondezi restructures top management
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London-listed Ncondezi Coal has started restructuring its senior management team with the appointment of a new CEO from June 1.
Current COO Nigel Walls would replace CEO Graham Mascall, who stepped down to become a nonexecutive director in the...
By: Natasha Odendaal
22nd May 2012
COPPER
Mowana copper concentrate production interrupted
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Mineral exploration and development group African Copper said Tuesday that the ball mill pinion shaft at its Mowana mine, in Botswana, had failed.
The company said the failure and resultant damage had rendered the ball mill inoperable and...
22nd May 2012
SAFETY
US legislators visit Sasol mines to view new life-saving technology
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New people-to-vehicle proximity detection technology that stops shuttle cars in their tracks if they are moving too close to personnel in underground mines is preventing injuries in Sasol Mining’s coal production areas, Sasol Mining GM...
By: Martin Creamer
22nd May 2012
COPPER
Glencore takes control of Mutanda with $480m deal
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Commodities trader Glencore has taken majority control of its fast-growing Mutanda copper operation in Congo with deals worth $480-million, marking the first step in a planned merger of the mine with its nearby Kansuki concession.
Mutanda, in...
By: Reuters
22nd May 2012
Topics in these articles
| City | Company | Country | Facility |
PanTerra Gold
SPDR Gold Trust
De Beers
Gingko Energy Company
Randgold Resources
Andhra Pradesh Mineral Development Corporation
India Limited
NMDC Limited
Rashtriya Ispat Nigam Limited
Eskom
Liberum Capital
Ncondezi Coal
Ncondezi Coal Company
Prophecy Coal Corp
Strata Limited
Zanaga Iron Ore Company
African Copper
Glencore
Mutanda Mining
Samref Congo
Samref Overseas
|
Industry Term | Person | Continent | Currency |
| Natural Feature | Province Or State | Product | |
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Breaking News Multimedia
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