investing Mining News

Flight to quality, key to junior mining investing

While the junior mining sector has not seen the benefits of higher gold prices, there is reason for optimism, says Vikas Ranjan, managing director and principal of Ubika Research.

Atlas Copco Announces the EDGE Drill Monitor for DTH Drilling

Atlas Copco is revolutionizing down-the-hole hammer drilling by providing a simple graphical display to show the driller what is happening with the hammer and, therefore, the bit at the bottom of the hole.

Fortescue Investing $8.4B to Expand Iron Ore Production

Fortescue Metals has approved capital expenditures totaling $8.4 billion to expand its iron ore production in Western Australia from 55 million to 155 million mt/y over a period of 30 months. The expansion and spending […]

Rio Tinto creates new $10 million Centre for Underground Mine Construction

img_sd_d5047_w0c2079.jpg On November 25, Rio Tinto announced the establishment of the Rio Tinto Centre for Underground Mine Construction (RTC-UMC) at the Centre for Excellence in Mining Innovation (CEMI) located in Sudbury, Ontario, Canada. Rio Tinto will be investing $10 million dollars over five years to undertake research at the centre.

Newcrest Developing Australia’s Largest Underground Mine

Newcrest Mining is investing A$1.91 billion to develop an underground panel cave mine to extract the Cadia East orebody as the next major ore source for its Cadia Valley operations in central western New South […]

Newcrest Developing Australia’s Largest Underground Mine

Newcrest Mining is investing A$1.91 billion to develop an underground panel cave mine to extract the Cadia East orebody as the next major ore source for its Cadia Valley operations in central western New South […]

Metso demonstrates the sustainability of its products in Brazil

During M&T Expo 2009, Metso presented solutions in portable crushing, crushing control systems, automation, pulp pump (slurry), belt conveyors, ESI (energy saving idlers), scrapers, rubber and polyurethane screens, Trellex Poly-Cer idlers, idler of Skega metallic mill and Polymet rubber and steel idler and process technology. During the event the company reported that being a global engineering [...]

Anglo American reviews Zimbabwe mine options

Anglo, responding to a U.K. newspaper article saying politicians and investors have condemned Anglo for investing in Zimbabwe, said it condemned violence and human rights abuses in the country.

Arizona Geology: Why are so many foreign companies investing in Arizona mines?

Today we hear that Sumitomo Corp. of America has loaned Augusta Resources Corp. $40 million in exchange for the right to negotiate a minority ownership interest in the Rosemont project [ right: credit, Rosemont ...

Caterpillar Announces A $1 Billion Multi-Year Capacity Expansion Plan For Illinois Operations

Despite sluggish economy in the United States, company remains committed to investing in major Illinois plants to keep them competitive for the long run PEORIA, Ill. – Demonstrating confidence in its ability to compete globally […]

Environmental concerns and increasing electricity demand are boosting the nuclear energy market

Supplying over 31% of electricity demand, nuclear energy plays a key role in the EU’s generation structure, and emerges as a comprehensive and cost-effective generating option. In fact, it has the potential to reduce carbon […]