December 11, 2012

$27 billion injected into Amazonia mining by 2016

Vale's Carajas iron ore mine is the biggest but some 60 gold explorers are also active in the Brazilian region.

December 11, 2012

Aussie miners told ‘death’ only excuse for not working on Christmas

Miners who don’t show up to work the Christmas and New Year period at Sandfire Resources’ DeGrussa copper and gold mine in Western Australia, are being threatened with major fines…

December 11, 2012

Rio Tinto and Anglo sell Palabora to Chinese group

Mining giants Rio Tinto and Anglo American are selling a 74.5% shareholding in the South African copper company Palabora Mining to a consortium of Chinese and South African firms, in…

December 11, 2012

The Prospectors and Developers Association of Canada announces 2013 award recipients

Winners were announced in the fields of prospecting success, mine development, international discoveries, distinguished service, social responsibility and Aboriginal achievement in the mineral industry.

December 11, 2012

Glencore-Xstrata deal hits South African snag

Glencore has extended the deadline to complete takeover of Xstrata (LON:XTA) by a month after South African power utility Eskom expressed worries about its coal supplies.

December 11, 2012

Solvista Gold continues to expand its gold-copper discovery at Caramanta results include 160.2 meters at 1.79 g/t gold equivalent with 67.4 meters at 2.75 g/t gold equivalent

Results include 160.2 meters at 1.79 g/t gold equivalent with 67.4 meters at 2.75 g/t gold equivalent.

December 11, 2012

Barminco appoints new CEO

Leading underground hard-rock mining contractor, Barminco Holdings Limited (Barminco or the Company), is pleased to announce Peter Stokes has been appointed as Chief Executive Officer.

December 10, 2012

Jiangxi Copper required by CSRC to rectify violations

Jiangxi Copper announced that it has received a letter from the China Securities Regulatory Commission (CSRC), which required the company to rectify violations in financial accounting, use of raised funds,…

December 10, 2012

Resource nationalism is miners’ number one fear and major threat to global security — report

Resource nationalism is one of the main causes of the current commodity prices instability and it is threatening global security, warns London-based Chatham House in its latest report.

December 10, 2012

Indico Resources Ltd.: initial drill results from phase 2 drilling campaign Ocana porphyry Cu-Mo-Au project

Significant gold grades accompany the copper, for example, OCA004 which intersected 264 metres of 0.36% copper and 0.15 g/t gold, including 39 metres of 0.69% copper and 0.20 g/t gold.