MINING.COM

China to help Venezuela develop one of world’s largest gold mines

China and Venezuela have signed an agreement to jointly develop Las Cristinas gold mine, one of the world’s largest deposits of the shiny yellow metal, located near a town bearing the name of the mythical golden city of El Dorado.

Cecilia Jamasmie | September 24, 2012 | 5:36 pm

McEwen starts production at gold mine in Mexico

McEwen Mining Inc. (NYSE:MUX)(TSX:MUX) announced that El Gallo Phase I in Sinaloa State, Mexico has achieved its first gold production.

MINING.com Editor | September 24, 2012 | 4:49 pm

Divisive contract to exploit Lithium in Chile granted to local SQM

Chile’s Chemical and Mining Society (SQM), the world’s largest lithium producer, has won a tender to develop a lithium concession in the country, which produces nearly 40% of the increasingly popular metal.

Cecilia Jamasmie | September 24, 2012 | 3:55 pm

Rio Tinto coal mining cull claims new victims

Rio Tinto is cutting even more coal mining jobs in Australia as the miner is struggling with a dramatic plunge in coal prices and a high Australian dollar.

Cecilia Jamasmie | September 24, 2012 | 3:13 pm

Diamond prices may be poised for recovery

It has been a challenging year in the diamond market, with prices for rough stones dropping about 20%. But RBC Capital Markets analyst Des Kilalea sees some “green shoots” that suggest a turnaround may be in sight.

Financial Post | September 24, 2012 | 2:24 pm

Blood Diamonds of ore: GE takes on conflict minerals

GE is one of 30 companies participating in a pilot program to implement guidelines on conflict minerals due diligence developed by the Organisation for Economic Co-operation and Development (OECD).

GE | September 24, 2012 | 2:07 pm

General Electric unveils global mining industry business unit

GE Transportation, a unit of diversified conglomerate General Electric Company (NYSE:GE) launched Monday its newest business unit, GE Mining, which will be based out of Brisbane, Australia.

MINING.COM Staff Writer | September 24, 2012 | 1:47 pm

Record surge of mining claims in western Canada

An exceptional number of mineral claims have been filed in British Columbia, Canada, over the last three years and more than 11,000 were filed in the first seven months of 2012.

Cecilia Jamasmie | September 24, 2012 | 1:25 pm

Norsk Hydro sells aluminum remelt plant in Taiwan

Norwegian Norsk Hydro, one of the world's top aluminum producers, is selling its aluminum remelt plant in Taiwan to Ting Sin Metal Co. Ltd for an unrevealed amount, the company said in a statement on Monday.

Cecilia Jamasmie | September 24, 2012 | 10:51 am

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