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IRON-ORE

Finland’s Outotec focuses on Indian iron-ore miners

Finnish minerals and metals technology solution provider Outotec, has drawn up major expansion plans for India by creating a design hub in the country and offering small, 1.5-million-ton capacity iron-ore pelletisation plants to small miners....
9th May 2012
 
M&A

Inmet to keep 80% of Cobre Panama, remains ‘open minded’

Panama mine developer Inmet Mining on Monday said it would hold on to its 80% interest in the Cobre Panama copper/gold/molybdenum project, while CEO Jochen Tilk added that the company remained “open minded” to potential suitors. The company,...
7th May 2012
 
Intierra Resource Intelligence

Company Announcement: Nickel Supply Surge Causes Concern PDF Available

While in recent years the nickel market has grown at a healthy rate, virtually all of this growth has been taken by nickel pig iron, leaving the main suppliers with what is, in effect, a flat market.
7th May 2012
 
COPPER

First Quantum eager for power pact to avoid copper project delays

Base metals producer First Quantum Minerals is “optimistic” it will conclude negotiations “in a short timeframe” with Zambia over a power tariff agreement for the Sentinel copper project the Vancouver-based miner hopes to build in the...
3rd May 2012
 
GOLD

Agnico-Eagle Q1 beats estimates, shares climb

Agnico-Eagle Mines last week reported first-quarter net earnings rose 73% to $78.5-million as gold production rose slightly to 254 955 oz, even though the comparable period benefited from output at the Goldex mine, which was shuttered in October....
30th April 2012
 
GOLD

Gold Fields reports resource, reserve estimates

South African gold miner Gold Fields has reported a 15% increase in mineral reserves at its South Deep gold mine, near Carletonville. The company stated in its 2011 Mineral Resources and Mineral Reserves guide that the mine design optimisation...
23rd April 2012
 
Mining Services

Processing solutions company looks to expand in Ghana

Processing solutions company Flowrox (formerly known as Larox Flowsys) is planning to expand its business in Ghana, Flowrox product manager William Chabant tells Mining Weekly.
13th April 2012
 
Creamer Media on SAfm

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

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...
23rd March 2012
 
COPPER

First revenue from Outokumpu - Altona

ASX-listed Altona Mining has garnered its first revenue from its Outokumpu copper project, in Finland. The miner said on Friday that copper-gold concentrate shipments started in the last week in February, with some 445 t of concentrate delivered...
16th March 2012
 
Altona Mining

Company Announcement: First Revenue From The Outokumpu Project PDF Available

Altona Mining today announced the receipt of the first revenues from the Outokumpu Copper Project in Finland.
16th March 2012
 
Mine Profile

Kittilä mine, Finland.

An openpit mine situated in Finnish Lapland.
16th March 2012
 
Mining Indaba Review

Major gold miner making progress with diversification strategy

South Africa-based miner Gold Fields has established a strong growth portfolio over the next five years to increase its current gold production base of 3.5-million ounces a year, CEO Nick Holland said at the Investing in Africa Mining Indaba in...
9th March 2012
 
 
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