EPA report outlines potential Pebble mine risks

Large stretches of salmon-spawning streams and thousands of acres of wetlands would be wiped out if a large-scale mining project were to be built in southwestern Alaska's copper-rich Bristol Bay region, according to a report issued Friday by the...

East Africa to join world gas giants

To East Africa's assets of spectacular wildlife, abundant land and shimmering beaches you can now add gas - so much gas it could transform global energy flows along with some of the world's poorest countries. Finds announced just last week off...

Australia government climbs out of the red with 2012/13 Budget

Australia's government delivered its promised surplus budget on Tuesday, scrapping planned tax breaks but offering more cash to its traditional supporters to deflect attention from scandals that threaten Prime Minister Julia Gillard's grip on...

Miner ENRC mulls carving off international assets

ENRC, one of the largest London-listed mining groups, is considering options to boost its value that include a possible split of its international arm, comprising its mines in the Democratic Republic of Congo, from its core Kazakh assets....

UK orders Anglo-Lafarge venture to sell assets

Miner Anglo American and cement maker Lafarge must sell major assets to win British clearance for a tie-up of their building materials businesses, a move the regulator hopes could bring new players into the market. Britain's Competition...

Zimbabwe's business law seen enriching black elite

The Zimbabwean government's drive to force foreign businesses to give 51% of their shareholding to locals will benefit the few black elite and must be reviewed, Finance Minister Tendai Biti said on Thursday. The controversial so-called...

Polished diamond prices seen hit by economy in Q1

Polished diamond prices may struggle to hold onto gains in the first quarter of 2012 due to worries over the global economic outlook, diamond dealers said on Monday. Dealers attending the January 29 to 31 Antwerp Diamond Trade Fair said European...

Sierra Leone shields coveted forest from mining

Sierra Leone has conferred protected national park status on a remote tract of forest that has attracted attention for its iron-ore mining potential. The creation of the 71 000-hectare Gola Forest National Park near the border with Liberia is...

Kenya grants first-ever gold mining lease

Kenya is set to join the league of gold-producing nations following the granting of the first mining lease to UK company Goldplat.

Macusani eyes central plant for Peru uranium deposits

Peru-focused uranium junior Macusani Yellocake aims to release a preliminary economic assessment in the first quarter of next year for building a four-million pound a year project in the south-eastern part of the country, CEO Peter Hooper said...

Gold stocks have big upside, gold price on way back to $2 000/oz – UBS

Some gold-mining stocks currently have upside potential of 40% and more, says UBS Sub-Saharan Africa market head Marco Spichiger, who expects the gold price to trend back towards $2 000/oz and $2 200/oz levels within six months. Spichiger, who is...

Project sponsorship perspective essential for success – author

The implementation of an integrated project methodology to interlink a company’s strategy phases with its project and operation phases will lead to project success, says author Rory Burke.