October 21, 2011

Outotec recognized again in Carbon Disclosure Leadership Index

For the third consecutive year Outotec is included in the Nordic Carbon Disclosure Leadership Index, which highlights companies with the most professional approach to climate change disclosure practices. Outotec received…

October 21, 2011

A-Cap Resources: Uranium Recoveries of up to 80% Confirmed Through 1m Column Leaches

Highlights Total of twenty seven one metre column leaches completed at SGS Oretest Laboratories in Perth, Western Australia High recoveries of up to 80% confirmed as indicated in earlier mini…

October 21, 2011

Canada-EU trade row brewing as bloc says WTO won’t stop it from ranking oil sands world’s dirtiest fuel

Reuters reports a proposed European Union law to rank Canadian oil sands as dirtier than conventional fuel can probably be successfully defended if Ottawa challenges the move at the World…

October 21, 2011

More companies seeking compensation from BC uranium mining ban

Two days after the BC government compensated Boss Mining $30 million for expropriating its mining claims near Kelowna as part of a province-wide uranium mining ban in 2008, another company…

October 21, 2011

China 2011 coal imports set to decline 8.5% despite tight domestic supplies

China's net coal imports this year are expected to reach around 150 million tonnes less than last year's 164.83 million tonnes, state news agency Xinhua said on Friday, citing the…

October 21, 2011

Gold miners send mixed signals regarding precious metals market

Gold stocks have been volatile of late as concerns regarding Europe's debt crisis resurfaced this week. While gold is traditionally seen as a safe haven in a slowing economy, Phillip…

October 21, 2011

Chinalco to buy 45 mln T of Tavan Tolgoi’s coking coal

Chinalco signed a contract with Mongolian miner Erdenes MGL in July for the purchase of 45 million tonnes of Tavan Tolgoi's coking coal over the next three years, and the…

October 21, 2011

Simandou speeding up, Olympic Dam open pit going ahead, massive copper find in Bolivia, Greenland Minerals and Energy’s critical technical breakthrough, $1.5 billion Aktogay copper project progress and much more …….

International Mining's fortnightly project watch is a great way of keeping up to date with your peers - other mining companies, other consultants or other engineering companies. The fortnightly issue…

October 20, 2011

Outokumpu to cut 1 in 6 workers on gloomy steel outlook

Reuters reports Outokumpu said it expected to report a significant operating loss in its final quarter as weak demand and prices continued to hit margins forcing the stainless steel maker…

October 20, 2011

Judge pares fine over deaths after hearing about UK Coal’s dire finances

The UK Daily Record reports a judge hearing how four miners died following safety breaches in 2006 and 2007 at Britain's biggest mining firm – UK Coal – has indicated…