December 6, 2011

Anglo American OKs $1.7 billion Queensland project to triple its Australia met coal output

Anglo American said on Tuesday its board had approved the $1.7 billion Grosvenor metallurgical coal project in Queensland, Australia, which is expected to produce five million tonnes per year over…

December 5, 2011

Codelco to invest over US$4 billion in 2012 as Anglo American hurries to resolve conflict

Chile's state copper giant Codelco plans to invest over US$4 billions next year to speed up the development and construction work at several new mining projects, including Ministro Hales Mine…

December 4, 2011

Police destroy roadblocks as basic goods shortages appear on day 10 of Peru anti-gold mine protests

Reuters reports protestors abandoned roadblocks on Saturday after police were called in to secure access for basic goods to Cajamarca on day 10 of the conflict over Newmont Mining’s proposed…

December 4, 2011

Rio wants Canada’s uranium legal controls lifted

Rio Tinto's chief executive Tom Albanese said on Saturday that he would lobby Canada to ensure it was the operator of the Roughrider uranium project in Saskatchewan, despite legal hurdles,…

December 4, 2011

Rio Tinto chief: one more year of $120-plus iron ore – then it’s over

Tom Albanese says "assumptions that the floor price would not go much below $120 a tonne might be valid next year but not long beyond that."

December 2, 2011

New Canadian diamond mine would drain part of lake

The environmental impacts of what would be the Northwest Territories' fourth diamond mine are being studied in Yellowknife, the capital.

December 2, 2011

Rio Tinto to invest US$2.7 billion to complete the modernization of the Kitimat smelter

Rio Tinto has given the green light to an additional US$2.7 billion capital investment to modernize its aluminium smelter in Kitimat, British Columbia. This new investment will allow for completion…

December 2, 2011

Canadian uranium scene sizzles as Rio Tinto enters Athabasca Basin

Months after drawing the mining giant into the province’s potash sector through a JV with North Atlantic Potash, Saskatchewan is rolling out the carpet again for Rio Tinto, and this…

December 1, 2011

World’s largest miners looking for a pot of Potash

Large miners, such as Rio Tinto and BHP, are looking to enter the potash business, or expand existing operations, as they look for increased demand from developing nations such China,…

December 1, 2011

Codelco starts new legal actions against Anglo amid accusations of generating an “artificial dispute”

The legal battle between Codelco and Anglo American is escalating. Yesterday, Chile’s state-owned copper company lodged a so-called pre-judicial preparatory measure in the 17th Civil Court of Santiago, seeking details…