CP strike threatens Canada's name as reliable potash supplier

The Canadian Pacific railway strike that started May 23 in Canada could damage the country’s reputation as a reliable potash supplier, a producer of the crop nutrient cautioned on Friday. While the work stoppage at CP, which carries virtually...

Rio's Zimbabwe spin-off covets Murowa diamond mine

Zimbabwe's RioZim Limited has opened talks with Rio Tinto in a bid to take full control of the Murowa diamond mine as the global mining major seeks to leave the gem business, a key shareholder said on Thursday. Rio Tinto has a 78% stake in...

SA mining skills in high demand but short supply

The ability of recruiters to source technically skilled South African mining labourers is becoming increasingly difficult and these expertise will soon be in serious short supply, says project support specialist Mecs Africa MD Roland Glass.

Marathon Gold consolidates Valentine Lake project ownership

TSX-listed Marathon Gold on Thursday said it had entered into an agreement to acquire all the outstanding shares of Mountain Lake Resources and its 50% interest in the Valentine Lake project, in Newfoundland, Canada. This resulted in Marathon now...

NTC posts Q2 profit, pushes to increase Cantung mine life

TSX-V-listed North American Tungsten (NTC)on Wednesday reported a second-quarter net profit of $2.5-million, or 1c a share, compared with a loss of $8.8-million, or 4c a share, during the comparable period in 2011. The tungsten concentrate...

Olma to make 'concrete proposal' to First Uranium by weekend

First Uranium shareholder Olma Investments plans to submit a “concrete proposal” to the board of directors by Friday laying out an alternative to the asset sales the gold and uranium producer has announced, head of equities at the wealth...

Rio upbeat about Pilbara’s iron-ore future

Diversified miner Rio Tinto has moved to allay fears that it was close to depleting its iron-ore deposits in the Pilbara, with iron-ore CEO Sam Walsh saying that the company was expecting growth in output. “Our mine plan presently extends to...

Coeur doesn't expect big output knock from Mexican stoppage

Coeur d’Alene Mines, the Idaho-based precious metals producer, on Wednesday said it did not believe an illegal strike at its Mexican Palmarejo mine would have a material impact on production. The company shut the mine and mill, which produced...

Company Announcement: Leapfrog signs new Software License Agreement with Barric

ARANZ Geo Limited, developer of 3D geological modelling software Leapfrog Mining, announced today that they have signed a new Software License Agreement with the world’s largest gold producer Barrick.

Ontario wildfires cut mines’ power supplies, output suspended

Seasonal forest fires had cut the power supply to at least two gold mines in north-east Ontario, Canada, with miners AuRico and Kirkland Lake Gold on Monday reporting disruptions to their main power supplies. AuRico said a forest fire located...

Rio Tinto offloads aluminium cable business for $185m

Rio Tinto has agreed to sell its Atlanta, Georgia-based wire and cable business Alcan Cable to NYSE-listed General Cable for $185-million, the companies said on Monday. The diversified mining giant has sold off noncore operations from the...

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...