PR Newswire: Mining

Global outlook is positive for US coal and minerals mining, says NMA CEO

Copper production, alone, is expected to be up by more than 10% in 2013, according to mineral commodity specialists at the US Geological Survey.

Global X Funds launches junior miners ETF

Global X Funds, the New York based provider of exchange traded funds, launched Thursday the Global X Junior Miners ETF (NYSE Arca: JUNR), the firts platform that provides access to junior mining companies globally.

Namakwa Diamonds names new executives

London-based Namakwa Diamonds is undergoing a re-organization.

Schneider Electric acquires SolveIT Software

Schneider Electric (SU:EN Paris), a global specialist in energy management, has signed an agreement to acquire SolveIT Software (SolveIT), an Adelaide-headquartered scientific software provider specialising in supply & demand chain optimisation and predictive modelling. SolveIT’s […]

Cliffs and United Steelworkers Agree to Short-term Labor Contract Extension

Clliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today a short-term extension of its labor contract with the United Steelworkers (USW) since both parties have not reached a new agreement.

Excellon Resources declares force majeure at Mexico's mine La Platosa

Excellon Resources Inc. said Wednesday an ongoing blockade at a mine in Mexico has compelled it to declare a force majeure in connection with concentrate delivery contracts with a unit of global energy and mineral trader Trafigura in Mexico.

Peabody Energy analyst and investor forum focuses on global markets, Peabody positioning and value creation

Energy analyst and investor forum focuses on global markets, Peabody positioning and value creation

Scio Diamond – S3532 Technology produces big in first full production run

Scio Diamond Technology announced today that the first full production run using the company's S3532 technology on five diamond growing reactors was extremely successful. The five growers ran an average of 179 hours each producing over 220 gross carats of diamond.

Helio Resource reports exploration update on the DGP Gold Project, Namibia

Helio Resource Corp. (TSX-V: HRC) is pleased to provide an update of the recent drilling conducted at the Gold Kop Target and also to report the results of a second-phase geochemical soil sampling survey over the Otjimbojo Licence, adjacent to the Gold Kop target, part of the Damara Gold Project in central Namibia.

CoAL completes acquisition of Rio Tinto and Kwezi's South African coal assets

Coal of Africa Limited, a coal exploration, development and mining company operating in South Africa has completed the acquisition of Rio Tinto and Kwezi's South African Coal Assets.

Fortuna reports net income of US$11.11 million on revenue of US$40.60 million in the first quarter of 2012

Fortuna Silver Mines, Inc. (NYSE: FSM) (TSX: FVI) (BVL: FVI | Frankfurt: F4S.F) is pleased to announce that it has filed its financial statements and MD&A for the three months ended March 31, 2012.

Alpha Natural Resources to permanently close Upper Big Branch Mine

Alpha Natural Resources, Inc. (NYSE: ANR) announced today that it plans to permanently close the Upper Big Branch (UBB) mine near Whitesville, W.Va.

Extreme use of mining vehicles can make them catch fire — Here’s how to protect them

Fire protection equipment specialist Worldman offers a comprehensive range of vehicle fire suppression systems designed to detect and suppress fires occurring in mine site vehicles.

Uranium Energy Corp Closes Acquisition of Cue Resources Ltd

Uranium Energy Corp ("UEC" or the "Company") (nyse-amex:UEC) and CUE Resources Ltd. ("CUE")CA:CUE 0.00% are pleased to announce that UEC's acquisition of CUE by way of a plan of arrangement (the "Transaction") has closed, effective at 12:01 am on March 30, 2012.

Copper Mountain Announces 2011 Year End Results

Copper Mountain Mining Corporation (TSX: CUM) (the "Company" or "Copper Mountain") announces production results for the fourth quarter of 2011 from the newly opened Copper Mountain mine located in southern British Columbia.

Exploration Drilling Program to Start at California Gold Corp.'s AuroTellurio Project

California Gold Corp. (OTC BB: CLGL) ("California Gold" or, the "Company") today announced it is scheduling an April 2012 start for an exploration drilling program at the Company's AuroTellurio Project, located in the La Bambolla gold-tellurium mining district near Moctezuma, Sonora, Mexico, near the northern city of Hermosillo.

Commerce Resources Corp. Reports Significant Increase in Resources and Grade at the Ashram Rare Earth Element Deposit, Northern Quebec

SGS Geostat has determined a base case Inferred mineral resource of 219.8 million tonnes containing 1.88% TREO, an Indicated mineral resource of 27.7 million tonnes containing 1.90% TREO, and a Measured mineral resource of 1.6 million tonnes containing 1.77% TREO

Iron Creek & Hochschild Mining discover "exotic" copper mineralization, Victoria Joint Venture

Iron Creek Capital Corp. (TSX-V: IRN) is pleased to provide an exploration update on recent work completed by Hochschild Mining Holdings Limited (HOC.L: "Hochschild"), the operators of the Victoria Joint Venture project.

Caterpillar expands operations in United States; new factory near Athens, Georgia expected to employ 1,400 people

Caterpillar Inc. CAT -0.65% announced today it has selected land near Athens, Georgia, as the location for a new facility that will build small track-type tractors and mini hydraulic excavators. The state-of-the-art, one-million-square-foot-facility is expected to directly employ 1,400 people once it is fully operational.

US company’s unique decontamination technology used in Japan to remediate Fukushima school campus

CBI Polymers Inc., the U.S.-based innovator of DeconGel® nuclear decontaminant, announced today the collaborative effort to remediate radiation from the campus of the Asahimachi Baptist Church and Little Lamb Kindergarten in Fukushima, Japan, in a project CBI Polymers calls “Restore Playtime.”

IAMGOLD declares rare earth inferred resource of 467 million tonnes at a grade of 1.65% TREO

IAMGOLD Corporation ("IAMGOLD" or the "Company") today announced that it has declared an inferred resource of 466.8 million tonnes at a grade of 1.65% Total Rare Earth Oxides ("TREO") as a result of its 2011 exploration drilling program conducted on the rare earth elements ("REE") zone adjacent to its Niobec niobium mine near Saguenay, Quebec, Canada.

Cliffs Natural Resources Inc. Reaches Agreement for Sale of Previously Discontinued renewaFUEL Biomass Plant

CLEVELAND,Jan. 5, 2012/PRNewswire/ --Cliffs Natural Resources Inc.(NYSE: CLF) (Paris: CLF) announced today that its majority owned affiliate has reached an agreement for the asset sale of its previously discontinued renewaFUEL biomass production facility inMichigantoRNFL Acquisition LLC, an acquisition entity created by an investor group that includes renewaFUEL's minority partners.

Mountain Province Diamonds Announces Results of Kennady North Airborne Gravity Survey

Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPV, NYSE-AMEX: MDM) is pleased to announce that analysis of the final results of the Falcon airborne gravity gradiometry (AGG) survey over the Company's 100%-controlled Kennady North Project has identified over 70 geophysical targets of which 29 are considered high priority and closely resemble the known kimberlites in the Kennady Lake area.

Testimony in dispute between Caldera and Global Gold Corporation to end today

Caldera Resources Inc. provided an update on the current arbitration claim it filed against Global Gold Corporation for unilaterally terminating the JV between the parties on October 7, 2010.

Peabody acquires stake in Chinese coal importer

Peabody Energy (NYSE: BTU) on Thursday announced that it has acquired a 5.1 percent equity interest in Winsway Coking Coal Holdings Ltd. in a series of purchases of Winsway's shares on the Hong Kong Stock Exchange. The move further strengthens the strategic partnership between the two companies.