CIL slows down underground development/expansions

The world’s largest coal miner Coal India Limited (CIL) has decided to slow down development or expansion of its underground coal mines in the country, in view of steadily declining trends in production. CIL operates 467 mines; of which 273...

ArcelorMittal eyes 30Mt/y Canadian iron-ore output

The world’s biggest steelmaker, ArcelorMittal, has the potential to increase its Canadian iron-ore output to 30-million tons yearly, and will conduct prefeasibility and feasibility studies to this effect, the Luxembourg-based firm said on...

ArcelorMittal plans $125 iron-ore investment to raise output by 65%

Global number one steelmaker ArcelorMittal has revealed that it intends to invest $125-million in its iron-ore mines in Brazil, in order to increase their production by 65% by next year. The company’s Brazilian mines are forecast to produce...

23/03/2012 (On-The-Air)

South African banks are being engaged to fund Liberia’s first commercial gold mine; Official bungling is preventing fully trained South African electricians from proving that they are fully qualified; and South Africa and the brand new...

Kalagadi manganese project, South Africa

The Umtu main and ventilation shafts continue to progress in their development.

Expansion project on track despite challenges

The second phase of the Lion ferrochrome complex expansion project, in Limpopo, is progressing steadily and on budget, despite challenges arising from local community unrest, reinforcing steel availability and delivery issues

Coeur takes Rye Patch to court in claims dispute

Coeur d’Alenes Mines, the Idaho-based silver producer, said on Monday it is suing TSX V-quoted Rye Patch Gold, which earlier in the day said it had acquired claims to part of the bigger company’s Rochester mine in Nevada. According to Rye...

Iron-ore junior signs on Larry King to raise recognition

Black Iron, a Canadian junior developing an iron-ore project in the Ukraine, on Monday announced a novel way to raise its profile – hiring recently retired “King of Talk” Larry King. The news did little for the TSX-listed company’s stock,...

Dundee's Cooper to become COO at Labrador Iron

Toronto-based Labrador Iron Mines (LIM) has appointed Dundee Securities mining analyst Rod Cooper as president and COO, the fledgling producer said on Thursday Cooper takes over from Bill Hooley, who will move vice-chairperson.

New head for ArcelorMittal's Canadian iron ops

The world’s biggest steelmaker, ArcelorMittal, has appointed former Vale Canada VP Steve Wood to head up its iron-ore operations in the America’s, it said on Tuesday. The company is the second-biggest iron-ore producer in Canada, after Rio...

Peabody edges closer to Macarthur ownership

US energy major Peabody Energy has taken majority ownership of Australian coal producer Macarthur, after gaining an 87.8% shareholding. At the end of last week, Peabody extended it $5-billion bid for Macarthur to November 25, after failing to...

Ukraine project could produce 7.3Mt/y: Black Iron

Shares in Black Iron, backed by Toronto’s Forbes & Manhattan, build on last week’s gains on Monday, after the company published the results of a preliminary economic assessment (PEA) of its flagship project in the Ukraine, sketching a...