Gold production in Africa up almost 10% in 2011
But South Africa's output continues to fall says the Economics Group’s.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Colombian guerrilla attacks BHP coal mine
An alleged unit from the Revolutionary Armed Forces of Colombia, or FARC, blew up Tuesday heavy equipment at the Colombian coal mine Cerrejon, in the northern province of La Guajira, part owned by BHP Billiton.
Nationalization is no help ending a mine fight in Bolivia
Over $1 million has lost Bolivia so far due to the conflict over rights at the silver, tin and zinc mine that used to belong to commodity trader Glencore (LON:GLEN), but that President Evo Morales nationalized last June.
Great Panther Silver acquires El Horcon silver-gold project in Mexico
Great Panther bought the project from Compañía Minera El Dore for $1,600,000 in cash.
Diving Chinese demand hits Canadian iron ore market
Canada’s Labrador Iron Mines (TSX:LIM) said it had cut its capital expenditure (capex) budget as a result of iron-ore prices falling sharply during August.
Agnico Eagle is spending $158 million on Mexican project
The company says it expects construction costs to be about $158 million for the project and that commercial production will begin in the second half of 2014.
Canadian Arctic mining boom draws in China-backed MMG
The new kid on Canadian Arctic block is announcing plans to build two mines in Nunavut in the next six years.
Lynas OK to operate controversial rare earths plant in Malaysia
Malaysia's Atomic Energy Licensing Board granted a temporary licence for an initial two-year period under strict safety requirements.
Baja Mining’s partners indecisive on further funding for Mexico project
Canadian Baja Mining (TSX:BAJ) shareholders continue to be anxious about the future of the company’s flagship Boleo project in Mexico, as its South Korean partners were unable to decide on the second stage of financing for the copper-cobalt-zinc mine development, the miner said Tuesday.
Chile’s Codelco kicks off $3.5 billion copper mine expansion
Chilean state-own Codelco, the world's largest copper producer, began construction of the access tunnels to the new level of its El Teniente copper mine on Tuesday.
Wheaton lands $4.3B BHP silver stream, enters Australia
Major deals in Peru and Australia expand production reach and secure long-term precious metals supply streams.