Posts by mining weekly:

Mali gold mine resuming operations after political strife

A few weeks after explorer Pearl Gold officially inaugurated its Kodieran gold mine, in Mali, a delegation comprising the company’s management and supervisory board visited the project to inspect the effect of recent political unrest in the country on operations.

Tasman’s PEA gives Norra Karr a $1.46bn value

Vancouver-based Tasman Metals on Wednesday published the results of a scoping study at its Norra Karr rare earths project in southern Sweden, sketching out a mine that would cost $290-million to build, and have a $1.46-billion net present value.

Alacer posts $75m profit for 2011

TSX- and ASX-listed Alacer Gold, the company formed out of the merger of Anatolia Minerals and Avoca Resources early last year, said it made $75-million in net profit in 2011, having produced a revised guidance-beating 411 933 oz of gold.

Nevsun posts $78m profit for Dec quarter

Nevsun Resources, which owns the Bisha gold mine in Eritrea, made $78.3-million in net after-tax earnings in the last three months of 2011, about 12% lower than the previous quarter’s profit, as output and prices shrunk.

India working on mining tax

An Indian government task force comprising representatives of steel, mines, forest and environment ministries was working on modalities for levy of a Forest Development Tax (FDT) on minerals mined from forested regions.

Rockwell restructures BEE deal, acquires new mine

TSX- and JSE-listed Rockwell Diamonds on Monday reported the successful completion of “robust” negotiations with black economic-empowerment (BEE) partner Africa Vanguard Resources (AVR) following a restructuring of the deal.