India to auction 54 coal mines
Only three days after India’s auction for the 2G telecom spectrum ended in a fiasco with no bids, the South East Asian country is now talking about selling 54 coal mines.
Cecilia Jamasmie , Editor-in-Chief
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Newcrest licence to Australia’s largest gold mine challenged
Newcrest Mining (ASX:NCM) (TSX:NM), one of the world’s top five gold miners by production, reserves and market capitalization, is facing a lawsuit that challenges its licence to Australia’s largest underground gold mine, Cadia Far East.
Keystone XL opponents demand Obama reject pipeline
Less than two weeks after U.S. President Barack Obama was re-elected for a second term, thousands of protesters rallied in Washington Sunday asking him to reject the proposed Keystone XL oil sands pipeline, which would transport crude oil from Canada to the U.S.
Petaquilla granted mining rights to re-open Lomero-Poyatos gold mine in Spain
Canadian gold miner Petaquilla Minerals Ltd. (TSX:PTQ) said Monday it has completed the titling process for its wholly-owned Lomero-Poyatos project in Andalucia, Spain, about 500 km south of Madrid.
Over 300 kg of gold sold as festive season kicks off in India
Despite gold prices being at the highest in the last three weeks, India’s sales in just one city totalled 300 kg on Sunday, as the country’s festive season of Diwali kicks off.
Peru to resume talks on Newmont’s $4.8 billion Conga mine
Peru's government is considering resuming talks with opponents of the $4.8 billion Minas Conga copper and gold mining project in the northern region of Cajamarca, Environment Minister, Manuel Pulgar Vidal, said in a TV interview on Sunday night.
Rio Tinto’s massive diamond deposit in India brightens up the miner’s future
Just when major miners thought it was better to ditch their diamond divisions, giant Rio Tinto (LON, ASX, NYSE: RIO) says it is looking at the business with renewed enthusiasm, as a deposit the company discovered in India in 2004 has started to bear its shiny fruits.
Gold One to resume operations at its S.A.’s Ezulwine Cooke
Gold One International (ASX:GDO) is lifting the operational suspension imposed on its Ezulwini Cooke 4 shaft last month and will offer employment to workers who were dismissed for participating in strikes during October.
Harmony Gold’s mine halted after deadly accident
Drilling at Harmony Gold’s Kusasalethu mine, in western Gauteng, was halted on Monday after a worker was killed and another injured in a blasting accident.
Osisko Mining buying Queenston in $550-million deal
Canada’s Osisko Mining Corp. (TSX:OSK) announced Monday it will buy Queenston Mining Inc for about $550 million to get access to gold-rich properties in the Kirkland Lake area in north-eastern Ontario.
Leaked documents show world’s biggest miner quietly shelved billions in climate projects
Leaked documents reveal BHP delayed climate projects in Western Australia despite internal warnings about reputational risks.