Global Mining News in real time

Mining in the Extreme: Why USA/Canadian skills at a premium for cold weather mining

Despite the plunge in commodity prices, some of the countries that continue to prosper within the mining sector, such as Mongolia and Kazakhstan, are also those where every day temperatures can drop to minus 45 C, which gives rise to a whole new set of challenges for the Mining sector. With... 

Mozambique’s coal contribution, Australia’s cost disadvantage, Petra funds diamond expansions

By: Martin Creamer Coal has become Mozambique’s number two export earner; project costs in Australia have risen faster than elsewhere; and diamond miner Petra has secured new debt facilities to make the funding of its expansions more "comfortable". 

Gold fever infects sporting enthusiasts

Gold panning – a traditional form of individualistic mining that extracts gold from placer deposits using a pan – is an activity largely associated with the bygone era of the famous Californian, Australian, Canadian and South African gold rushes of the nineteenth century. It conjures up images of... 

NRC receives funding commitment to unearth new Nunavut projects

By: Henry Lazenby A long-term vision for the economic inclusion and direct participation in the resources sector of the Inuit people of Canada’s newest territory Nunavut was one step closer to realisation, with a funding commitment, on Wednesday, by the Kitikmeot Inuit Association (KIA), which set in motion the... 

Harry Winston Q1 profit soars to $11.6m

By: Henry Lazenby Diamond miner and luxury goods producer Harry Winston on Wednesday reported a 200% increase in first-quarter profit to $11.6-million on the back of increased rough sales and renewed interest in luxury goods. The Toronto-listed company said rough diamond sales increased by 43% to $89-million for... 

International Tower Hill delays mine study

By: Reuters International Tower Hill Mines said on Tuesday that it has delayed the release of a preliminary feasibility study for its Livengood gold project in Alaska until next year. The company said the study, which was originally expected by the end of 2011, is being extended in order to complete... 

Company Announcement: Fill-controlled couplings with new blade wheel profile

New Voith Turbo fluid coupling for open-pit mining belt conveyors: lightweight – compact – offers greater power. Open-pit mining belt conveyors often transport the extracted raw materials over long distances.  

Voith unveils powerful coupling that can function in harsh conditions

By: Megan van Wyngaardt Germany-based drive technology manufacturer Voith Turbo has developed a new hydrodynamic coupling for the drives of belt conveyors, which transmits twice the power that previous couplings of the same size could achieve. 

25/02/2011 (On-The-Air)

By: Martin Creamer Mining titan Anglo American is planning to invest R34-billion in South Africa in the next few years; South Africa’s Gold Fields is building five new gold mines on four continents and More mining will have to take place in the next 20 years than has taken place in the last 10 000 years, to meet... 


By: Martin Creamer Many in the world may be holding thumbs that British petroleum company BP does immensely less polluting of the pristine Arctic Circle than it did last year in the US Gulf of Mexico. With its share price still depressed from its Gulf misadventures, BP is now staking some of its future on a... 

Arctic Circle opencast iron-ore mine reopens in Norway

The Sydvaranger opencast iron-ore mine, at the northern tip of Norway, 400 km north of the Arctic Circle, was reopened after 14 years out of service. This is the first new iron-ore mining operation to be launched in Europe in the twenty-first century, reports earthmoving, mining and construction... 

Kinross produces first metal at new Russian mine

By: Liezel Hill Canadian gold-miner Kinross Gold has produced the first gold and silver from its Kupol project in Russia, the company announced on Friday. Kupol is the first of three development projects that Kinross plans to bring on line this year. 

BHP Billiton starts production ahead of schedule at Canadian gem mine

By: Liezel Hill The world's largest mining group, BHP Billiton, has completed the construction of its third underground diamond mine, the Koala underground project, in northern Canada, the company said on Monday.  

De Beers wins export category in 2007 steel competition

By: Dennis Ndaba Diamond-miner De Beers has been named the export category winner of the 2007 Southern African Institute of Steel Construction competition, for its installation of modularised diamond-recovery plants in an extremely challenging environment. 

Local DMS plants set sail for the Arctic circle

Local company DRA Mineral Projects received a $2-million order last year from the Russian diamond miner Alrosa for three modular dense medium separater (DMS) plants for alluvial mining operations in the Yakutia province in northern Siberia, near the Anabar river. 

Norilsk raises platinum, palladium output forecast

By: Bloomberg OAO GMKN Norilsk Nickel, the biggest Russian miner, said platinum and palladium output this year will be as much as 4,4% more than previously forecast, adding to sales already buoyed by record prices. 

DMS plants supplied to Russian project

Local company Dowding, Reynard and Associates (DRA) has been at the cutting-edge of diamond-recovery technology for the past 17 years. 

Future uncertain for cobalt

THE decline in the price of cobalt, which started at the beginning of this year, is likely to continue, driven by US government stock sales, recycling and new production, says ABSA Corporate & Merchant Bank commodities consultant Hilton Ashton. 

Miner continues selling gold nuggets online

Canadian miner Silverado Gold Mines yesterday announced that it is auctioning off one of the bigger nuggets from its Nolan gold-mine, weighing in at 8,65 oz, or 269 g, on eBay. 

Loan to boost Russian bauxite production

The International Finance Corporation, the private-sector arm of the World Bank Group and the European Bank for Reconstruction and Development (EBRD) have each signed a $75-million loan agreement that will provide Russia’s privately-owned SUAL group a total of $150-million to boost Russian... 

Canadian miner auctions gold nuggets online

Canadian Silverado Gold Mines said yesterday that, as part of its ongoing gold nugget sales programme, it has resumed auctioning gold nuggets from its Nolan mine, in Alaska, via eBay – the leading online auction site. 

Harsh conditions for Canadian project

By: lauren rota Just 200 km south of the Arctic circle, on the 65 

Israeli diamond group makes offer for Ekati mine

An Israeli diamond consortium made an unsolicited offer for BHP Billiton's Ekati diamond mine yesterday, but the world's biggest mining group said the lucrative operation in Canada's North was not for sale. 

Explorer prepares to turn gold producer

Australian explorer Dragon Mining is set to make the transition to gold producer within eight months after starting construction of its Svartliden gold project in northern Sweden, located at a remote site 150 km south of the Arctic Circle. 

Nordic gold rush attracts major players

The lone snow grouse crossing the narrow gravel road in a remote Finnish forest north of the Arctic Circle may be walking on Europe's biggest gold deposit. 

Arctic diamonds polished in most unlikely place

Peter Finnemore, a diamond master cutter, had no idea where he was going when Sirius Diamonds approached him about opening a factory in Canada's Northwest Territories. 

Exports now 45% of turnover, says company

By: Marius Roodt High-tech wholly-owned South African company, UV+IR Engineering, says it has become a leading force in mining and industrial drying. 

SouthernEra finds shine in platinum

Canada's SouthernEra Resources made its name as a diamond operator, but it is fast finding a shine in the platinum group of metals in the world's biggest deposits in South Africa. 

Canadian gem exploration renaissance

Miners are rushing to stake claims in the frozen terrain of northern Quebec and Nunavut after Ashton Mining re-energised Canada’s diamond sector with new discoveries there, analysts and producers said. 

Germans remain upbeat about SA mining prospects

By: System Author German mining contracting, construction, mining and construction equipment manufacturer Deilmann-Haniel’s recent decision to buy 43% of South African-based Samat Mining represents a vote of confidence in the South African mining industry. 

Russian supply set to slip lower

By: System Author Amplats 

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