Northam predicts significant increase in earnings

Black-owned platinum miner Northam Platinum said on Friday that the group’s earnings and headline earnings a share for the six months to the end of December were estimated to increase by between 136% and 156%. The higher earnings reflect the...

Riversdale posts FY loss, ZAC output falls

ASX-listed coal-miner Riversdale Mining on Monday reported a net loss, reflecting reduced interest income and lower production from its Zululand Anthracite Colliery (ZAC), in South Africa. The company, which is also developing coal projects in...

Great Basin Gold narrows FY loss

TSX- and JSE-listed Great Basin Gold (GBG) on Thursday said it was continuing to make good progress at both its gold projects, as it reported a C$0,16 share loss for the 2009 financial year. The loss a share was an improvement on the C$0,40 a...

Foundation Coal will idle West Virginia mining complex

US coal-miner Foundation Coal will idle its Laurel Creek mining complex, which includes three underground mines an a preparation plant, effective immediately, the firm said on Friday. Foundation said the operation's high-cost structure,...

Project delays, mine shutdowns and cutbacks

A chronological summary of project delays, mine shutdowns and production cutbacks announced by miners around the world in response the falling metals prices and tightening financial markets. Begins July 2008.

Short-Term Mine Planning Process in Perspective

There is an increasing need within the mining industry to ensure that the strategic intent of the company is successfully executed at an operational level of the business. The short-term planning process, typically the last step in the planning...