K + S OKs C$3.35bn Sask. potash mine

German fertiliser-maker K + S Aktiengesellschaft on Tuesday hiked the capital costs of its Legacy potash project in Saskatchewan by 30% to C$3.25-billion, as it envisaged a bigger, 2.86-million t/y mine. K+S bought the Legacy project through its...

Mandalay sees Cerro Bayo cash-flow positive from Jan 2011

Since taking over as CEO at TSX-listed Mandalay Resources a year ago, former Lonmin boss Brad Mills has overseen two snappy acquisitions, and has more up his sleeve. The company last month closed the buyout of the mothballed Cerro Bayo silver...

Afghanistan touts big iron-ore deposit, seeks investors

Afghanistan is probably more commonly associated with the military variety of a mine, but the government is trying to flog a big iron ore resource to international mining companies. The Hajigak deposit, located 130 km west of the capital, Kabul,...