FIRB approves Isaac Plains sale

The Foreign Investment Review Board (FIRB) has approved ASX-listed Aquila’s A$430-million disposal of its 50% interest in the Isaac Plains coal mine, in Queensland, to Japan’s Sumitomo Corporation. Executive chairperson Tony Poli said on...

Sierra Gorda copper/molybdenum project, Chile

Sierra Gorda is the first big mining project in Chile to be approved under the new environment regulations.

Quadra FNX gets approval for Chile project

Quadra FNX Mining will start site preparation at its Sierra Gorda copper/molybdenum project in northern Chile, after receiving environmental-impact assessment approval, the company said on Wednesday. The firm has been placing orders for major...

Quadra FNX plans $500m notes sale to help fund Chile project

Canadian copper miner Quadra FNX Mining plans to sell $500-million of senior notes, to help fund its share of the Sierra Gorda copper/molybdenum project in Chile, the firm said on Monday. Shares in the company edged up 0.36% on Monday morning, to...

Quadra FNX unveils Sumitomo as partner on Chile copper/moly project

Canada's Quadra FNX Mining has agreed to sell 45% in its Sierra Gorda copper/molybdenum project in Chile to Sumitomo Metal Mining and Sumitomo Corporation, the group announced on Sunday. Quadra FNX also gave details on a recently completed...

Ambatovy nickel project, Madagascar

The Ambatovy nickel/cobalt project should produce its first metal in the second quarter of this year.

Bolivia seeks to trigger a 'metals revolution' through beneficiation

The South American republic of Bolivia is planning to beneficiate a significant proportion of its zinc production within the next few years. This was revealed on Wednesday by the country’s Minister of Mines and Metallurgy, Jose Pimental, in an...

Newmont sells 10% of Batu Hijau, extends deadline for rest

Colorado-based Newmont Mining and partner Sumitomo Corporation have completed the sale of 10% in their Batu Hijau copper/gold mine, in Indonesia. Newmont's ownership in PT Newmont Nusa Tenggara (PTNNT), which owns the Batu Hijau mine has now been...

Mining in Africa projects 2009

A sample of projects taking place across the African continent.

Ambatovy nickel project, Madagascar

The Ambatovy nickel project will consist of an openpit mining operation and an ore preparation plant at the mine site.

Arbitration panel gives Newmont six months to sell Indonesia mine stakes

An international arbitration panel has ruled that the Indonesian government may not terminate the contract of work with Newmont mining, for the Batu Hijau copper gold mine in the country. But, in a ruling on Tuesday, the panel also said that...

Newmont expects ruling on Indonesia divestiture by mid-year

US senior gold producer Newmont Mining expects that an arbitration committee will announce a decision during the first half of the year on the details of the firm's obligation to sell stakes in its Batu Hijau copper/gold mine, in Indonesia, to...