Zimbabwe’s teachers want their salary in diamonds
The core teachers’ union of Zimbabwe has demanded the proceeds of diamond sales be spent on their wages and on improving current working conditions.
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Kennady Diamonds completes plan of arrangement
Canadian junior Kennady Diamonds Inc. announced Tuesday the plan of arrangement between the company and Mountain Province Diamonds Inc. is now complete, and KDI shares have commenced trading on the TSX Venture under the ticker symbol KDI.
Botswana cuts taxes, gives private sector scope
Botswana is setting out to lower the fiscal burden on resources investors in a charm offensive that separates it from the mining jurisdictions that are currently looking to increase mining taxes.
Patriot Coal goes bankrupt
Patriot Coal confirmed Monday what everyone already knew: the company is headed to bankruptcy, causing shares to implode in regular trading and continue to fall after hours.
New giant truck lift by Stertil-Koni
Stertil-Koni introduced a massive truck lift thousands of feet below the surface of the earth where it is used to help service special, heavy duty vehicles involved in a major mining operation.
Teck weighs future of its $5.6 billion expansion project in Chile
Canadian miner Teck Resources has temporarily withdrawn the Social and Environmental Impact Assessment application for its $5.6 billion Quebrada Blanca II expansion project in northern Chile.
Anglo American optimistic on its $3 billion Peru copper project
Despite the recent deadly and divisive disputes over mining projects in Peru, London- based mining giant Anglo American says it hopes to begin construction of its $3 billion Quellaveco copper project in the country as soon as possible.
Canadian business owners stay rosy
Despite global economic uncertainty, senior managers remain positive and expect sales growth to increase over the next 12 months.
Augustine Ventures identifies additional gold resource potential at the Wawa Gold project
A previous report inferred the mineral resource estimate of the Ontario-based project to be 32,169,000 tonnes at a grade of 1.14 g Au/t, and 1.18 million ounces of contained gold.
