MINING.COM

Glencore gets a bigger piece of the iron ore pie with Bellzone’s output offtake

Shares of iron miner Bellzone were on the rise this morning after the company agreed to sell all of its share of output from the Forecariah mine in Guinea to commodities trading giant Glencore.

Cecilia Jamasmie | August 9, 2012 | 2:16 pm

Xstrata to lavish $260,000 on every resident of tiny Australian town

Wandoan, with a population of less than 380 people, could get about $106 million from mining giant Xstrata if the Swiss company decides to go ahead with its $6 billion coal project bordering the local community.

Cecilia Jamasmie | August 9, 2012 | 1:28 pm

Tides Canada accused of ‘blatantly violating Canadian charities law’; complaint filed with Canada Revenue Agency

Canadian oil industry support group, EthicalOil.org, filed a 143-page complaint with the Canada Revenue Agency accusing Tides Canada of funnelling charitable donations to highly political, and non-charitable, groups like PETA and ForestEthics.

Michael Allan McCrae | August 9, 2012 | 5:32 am

Two kilometres down South Africa’s deepest mines: life

Scientists continue to plumb the earth's most extreme environments looking for signs of life and wondering what it might say about the possibility for life elsewhere.

Michael Allan McCrae | August 9, 2012 | 5:09 am

Winning iron at the Olympics. Fresh charges of conflict of interest over giant Arctic iron mine

The president of the Qikiqtani Inuit Association is on a junket at the London Olympics as a guest of ArcelorMittal, which is in the final stages of getting approval for its giant iron mine on Inuit land.

Frik Els | August 9, 2012 | 3:35 am

2Q profit slips at Yamana due to escalating costs

Canadian precious metal miner, Yamana Gold (TSX:YRI), saw its profits slip 80% in the second quarter compared to a year ago.

Michael Allan McCrae | August 9, 2012 | 2:41 am

Schlumberger Software Licenses for the University of Arizona College of Engineering

As the University of Arizona released, the department of mining and engineering received software licenses worth $23 million (software value and maintenance) […]

Susanne Iberle | August 8, 2012 | 11:27 pm

Foreign investors are pulling money out of India’s state-controlled metals and mining firms

India's economy is growing at its slowest pace in nine years and investor confidence has also been eroded by the current government's frequent policy u-turns, corruption scandals and power blackouts.

Frik Els | August 8, 2012 | 11:02 pm

New NASA images: Mars or the Pilbara?

"A metal-making process known to the ancient Romans could be pressed into service to bring Mars into the Iron Age - and start opening the solar system to human habitation."

Frik Els | August 8, 2012 | 10:35 pm

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