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Rio Tinto seeks OK for W. Australia iron-ore mine

Posted on May 20, 2012

Rio Tinto PLC RIO -2.50% has unveiled its latest iron ore mine development plans to start the construction next year of its Turee Syncline project in Western Australia, according to referral documents posted Friday on the Australian government's environmental website.

Barrick looking to extend mine life in Peru

Posted on May 14, 2012

Canadian mining company Barrick Gold Corp. (ABX, ABX.T) is hoping to extend the mine life at its Peru operations as it aims to increase reserves through exploration projects, said Darrell Wagner, the general manager of local subsidiary Minera Barrick Misquichilca SA.

Gold at week high on housing data, weaker dollar

Posted on April 24, 2012

Gold futures advanced Tuesday, erasing some of their recent losses as concerns about the euro zone eased, weak housing data added more pressure to the dollar, and most other commodities traded higher.

Chilean miner Codelco shuffles management

Posted on April 5, 2012

Chile state copper company Codelco shuffled management at several of its divisions, the company said Wednesday.

Silver calls for a winning strategy

Posted on March 9, 2012

Prices have fallen by around 9% from their settlement above $37 on Feb. 28. All of that makes silver attractive, despite its penchant for volatility.

Brazil's Vale to lease Petrobras potash mine

Posted on February 10, 2012

Brazilian mining giant Vale SA (VALE, VALE5.BR) on Thursday said its board of directors has approved a deal to lease for another 30 years a potash mine in northeastern Brazil, from Brazilian oil giant Petroleo Brasileiro SA (PBR, PETR4.BR).

Molycorp says more than 75% of phase 1 production at Mountain Pass committed

Posted on January 3, 2012

Molycorp Inc. (MCP) reported that more than three-quarters of the Phase 1 rare-earth production at its flagship California manufacturing facility has been committed, helping the rare-earth mining company meet its allocation target for last year.

Australia moves towards new coal port

Posted on December 14, 2011

Australia edged closer to the creation of a new 10 billion Australian dollar (US$10.02 billion) port focused on exporting coal to Asia when the state of Queensland allocated land to units of Brookfield Asset Management Inc. BAM +2.16% and India's Adani Group for two terminals at Dudgeon Point on Wednesday.

High-grade gold mineralization confirmed at North Abitibi Project

Posted on December 12, 2011

Tri Origin Exploration Ltd. (TOE – TSX Venture),("Tri Origin" or the "Company") is pleased to announce high-grade assay results have been received from a recent trenching program at its North Abitibi gold property located 150 kilometres north of Kirkland Lake in the Abitibi Greenstone Belt of Ontario.

Philippine 2011 mining investment may hit $2.8 bln

Posted on September 13, 2011

Mining investments could reach $2.8 billion in the Philippines this year if Chinese investors proceed with plans to jointly develop mining projects in the country, a senior mining official said Tuesday.

There is a good chance that an initial target of $1.4 billion could be doubled if Chinese investors follow through in the last quarter on investments they have expressed interest in, Mines and Geosciences Bureau director Leo Jasareno said.