Bumi sees stock plummet in first day of trading after suspension
Halt was triggered by the coal miner’s failure to publish its 2012 audited full-year results.
Cecilia Jamasmie , Editor-in-Chief
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Zambia lets First Quantum restart dam project halted since May
The dam is key for the supply of water to the company’s Sentinel copper mine and the planned Enterprise nickel project.
Rio cuts 78 jobs at Argyle diamond mine in Australia
Measure only affects temporary construction workforce providing administrative, advisory and mining services.
Large miners affected by cost of desalinating water in Chile: twice as much as in the US
Along with the global squeeze affecting the mining industry, large companies operating in Chile are facing escalating costs related to assuring water supply for their operations.
Huge $16 billion gold deposit discovered in China
It also holds 187 million tonnes of iron and 1.5 million tonnes of zinc.
Guinea’s efforts to attract investors by reforming mining code lack teeth: report
Country's probe on all 18 mining contracts granted at Simandou making companies nervous.
Weak mining demand impacts Sandvik profit
The Mining division, Sandvick’s biggest business unit, was hardest hit area with a 30% decline in orders.
Barrick to face fresh legal challenges on Pascua Lama
Chilean indigenous group that has led the legal battle against Barrick wants the Supreme Court to order a new environmental impact assessment study.
Caterpillar remains on the Top 15 brokers list
CAT is the #9 broker’s pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average.
Copper, diamonds boost Anglo’s results ahead of strategy review
Anglo American is likely to report a 31% profit drop next week, when CEO Cutifani unveils key strategy for the underperforming mining group.
Panama moves to unlock copper from First Quantum mine
Commerce and Industries Minister may approve by Tuesday exports of already mined ore from Cobre Panama’s stockpiles.