Gabriel Resources uncertain about future of Romanian gold project
The miner may lay off 400 workers at its Romanian subsidiary unless prospects for its Rosia Montana gold and silver mine improve.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Canada’s Cigar Lake uranium mine begins production
First ore produced at the massive mine is on its way to Areva’s McClean Lake mill.
Fukushima nuclear radiation found in Canada’s coast raises fears across North America
While the levels detected are said to be "extremely" low, the finding evidences the radioactive plume of contaminated water heading across the Pacific Ocean after the disaster has already reached North America.
Rough diamond shows there is water hidden deep in the Earth
University of Alberta scientists have found the first direct evidence of vast amounts of water trapped deep inside the Earth.
South Africa approves law that gives state a 20% of oil, mining firms
The new law also lets the state to acquire an unspecified additional share at an “agreed price,” among other debated changes.
Uranium miner Paladin falls as Newmont sells 5.4% stake
Newmont said the sale will generate more than $24 million in cash for the company.
KGHM completes seawater pipeline for its Sierra Gorda copper mine in Chile
The open-pit mine, to begin operations later this year, is considered the world’s seventh largest copper project.
South African police shot Marikana miners as they fled: lawyer
Fresh evidence contradicts South African police account of the events, which claims most died as they opened fire when striking miners charged officers.
Drummond to resume coal exports from Colombia on March 24
The US-based miner Cienaga port, on the Caribbean Sea, is set to handle an extra 3 million tonnes of coal a year.
Australia’s mining tax expected revenue continues to disappoint
It has raised a mere $232 million so far, as opposed to $4 billion originally forecast when the legislation was enacted in 2011.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
