TORONTO (miningweekly.com) – TSX-listed Inmet Mining, which ditched plans to merge with Lundin Mining in March, said most major mining companies had expressed interest in buying a 40% stake in its Cobre Panama copper project, and that it had signed
Diamond-mining company Koidu Holdings reports that development on the Koidu kimberlite expansion project, in Sierra Leone, is on schedule and within budget, promising to ramp up mining production to 100 000 t/m by the second quarter of 2012. Some six
JSE-listed Optimum Coal, which Glencore and local businessperson Cyril Ramaphosa want to buy, said on Friday that an alternative bidder has withdrawn its interest in acquiring a controlling stake in the miner.
Zambia is famous for its significant reserves of copper and cobalt, located in the Zambian Copperbelt province, however, the country is also a miner and producer of selenium and silver. Gold, platinum, and palladium are also produced as a by-product of
Recently launched occupational health and safety consultation and training company KBC Mauritius intends to expand its presence and service offering on the Copperbelt as demand for training is fuelled by growth in the Zambian mining sector. "KBC
Workers at Cerro Verde in Peru launched a two-day pay strike on Wednesday but no impact on output was expected at the mine that produces around 2 percent of the world's copper, union and company representatives said.
PERTH (miningweekly.com) Iron-ore miner Fortescue Metals has reported that current reserves at its Chichester Hub operation, in Western Australia, suggested a 19-year life of mine, based on a production rate of 90-million tons year. Fortescue has
WINDHOEK – Four drums of radioactive material stolen last week in Namibia contained uranium ore and came from Areva's Trekkopje Mine in the country, the French company said on Friday. Four suspects have been arrested and the stolen material has been
PERTH (miningweekly.com) Global law firm DLA Piper on Wednesday estimated that Africa would need an estimated $93-billion infrastructure investment each year. “This is best exampled when you consider there are only 10 000 km of roads connecting African