February 20, 2012

A new kind of hyperinflation: Zimbabwe hikes mining fees by as much as 8,000%

The Zimbabwe Chamber of Mines says the government's hike of pre-exploration fees for the majority of minerals – by as much as 8,000% – together with increased royalty rates will…

February 20, 2012

Quadra FNX Securityholders Approve Plan of Arrangement With KGHM

Quadra FNX Mining Ltd. ("Quadra FNX") (TSX:QUX) is pleased to announce that its securityholders have approved the previously announced plan of arrangement (the "Arrangement") involving Quadra FNX, 0929260 B.C. Unlimited…

February 20, 2012

Zambia NFCA Starts Work On $832 Million Copper Project – Report

Chinese-owned NFCA Mining has stated developing a $832 million copper mine project in Zambia's Copperbelt province as it steps up efforts to boost copper production at its Zambian operations, Zambia's…

February 20, 2012

Iron Creek & Hochschild Mining discover “exotic” copper mineralization, Victoria Joint Venture

Iron Creek Capital Corp. (TSX-V: IRN) is pleased to provide an exploration update on recent work completed by Hochschild Mining Holdings Limited (HOC.L: "Hochschild"), the operators of the Victoria Joint…

February 20, 2012

Chile the largest copper producer and the country with the biggest reserves — USGS

Chile is not only the largest copper producer in the world, but also the country with the largest worldwide reserves of the red metal, reveals the latest commodity report by…

February 20, 2012

Chile Collahuasi mine resumes operations after snowstorm halt

Collahuasi, the third largest copper mine in the world, resumed operations this morning after a snowstorm halted production on Sunday, publishes online news outlet Terra.cl

February 20, 2012

Avanco Resources to double copper gold resource through acquisition from Xstrata

Brazilian copper developer Avanco Resources (ASX:AVB) said today that it would double the company’s copper gold resources through the acquisition of the Pedra Branca Copper-Gold Project in Brazil's Carajas Mineral…

February 19, 2012

Two of the 33 Chilean miners trapped in 2010 back to work

Two of the 33 Chilean miners trapped during 69 days underground in 2010 are back in the mining world, after over a year of vain efforts to find a job,…

February 19, 2012

Ex Equinox Minerals CEO back on African mining trail

WSJ reported that Mr Craig Williams is back in Africa with a new mining venture 7 months after steering Zambia-focused copper producer Equinox Minerals to USD 7.3 billion Canadian dollar…

February 19, 2012

Junior gold and copper sectors will be lucrative for objective investors

Tom MacNeill discusses the conditions that have primed the junior gold and base metals resource environment for growth. Interview with The Gold Report.