Chile delays copper, gold projects worth $39bn
Nearly 25% of the mining copper and gold projects considered in the total 2012 portfolio for the country were hindered.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
India’s Central Bank to curb nation’s climbing gold demand
Gold imports are causing a $64 billion fiscal deficit.
India and Brazil to replace China as main drivers of resources demand: report
A second wave of raw materials demand from India and Brazil will support the global mining industry says global accountancy firm KPMG
Nebraska up in arms about TransCanada’s Keystone XL
While the cross-border outcome for TransCanada’s Keystone XL pipeline is still up in the air, U.S. opposition to the southern section currently under construction in Texas and Oklahoma is escalating.
BHP holds a whopping 1,425 permits in Peru
BHP obtained 144 exploration permits in the South American country in 2012
Perseus Mining misses Ghana gold production forecast
Perseus Mining (ASX, TSX: PRU) said Wednesday gold production at its Edikan gold mine in Ghana will be less than the 58,500 ounces projected in late November for the December 2012 quarter.
Canada’s New Gold Blackwater project open for public comment
The Canadian Environmental Assessment Agency is requesting local people send in their opinions about the Blackwater project, New Gold Inc.’s proposed mine in British Columbia.
Egypt halts Centamin gold exports
Centamin was the only large producer in the country
Mining shares lead rally ignited by US fiscal cliff deal
The FTSE 100 index rose 139 points to 6,037 points, the first time it has been above the 6,000 level in 17 months, with mining shares exceptionally high.
ArcelorMittal selling $1.1-billion stake in Canadian iron ore business to Asians
The consortium includes South Korean steelmaker POSCO and Taiwan-listed China Steel.
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.
