MINING.COM

No surprises expected as Nexen shareholders vote on CNOOC takeover

Despite the controversy generated by China National Offshore Oil Corp's proposed $15.1 billion takeover of Canadian oil producer Nexen, Thursday’s shareholders vote is seen by industry experts as a mere formality.

Cecilia Jamasmie | September 20, 2012 | 1:18 pm

Brazil a step closer to fully mining the Amazon

A controversial project to mine Brazil's vast indigenous territories in the Amazon, to be presented at the South American country’s Congress in October, has revived a long-dragged confrontation among authorities, environmentalists and local communities.

Cecilia Jamasmie | September 20, 2012 | 10:17 am

How depressing is Australia’s official 2013 iron ore and coking coal chart

Australia's Bureau of Resources and Energy Economics don't buy recent iron ore and coking coal rallies.

Frik Els | September 20, 2012 | 12:20 am

Nautilus Minerals plumbs new depths, comes up smelling of roses

Nautilus Minerals shot up 9.5% on Wednesday as investors digested the maiden mineral resource estimate for the company's polymetallic nodule project in 4-6km deep water in the central Pacific Ocean.

Frik Els | September 19, 2012 | 10:49 pm

Rio Tinto bets on India to revive its ailing diamond business

Mining giant Rio Tinto has decided to target the Indian marriage gifting market with its “Nazrana” brand of gem-based jewellery in an effort to boost its depressed division.

Cecilia Jamasmie | September 19, 2012 | 6:46 pm

Greenland – The next mining destination

Greenland could become the next global mining frontier, as global warming uncovers precious metals from glacial surroundings, states new research by natural resources experts GlobalData, a UK-based global business intelligence provider.

globaldata | September 19, 2012 | 4:22 pm

Centerra Gold Boroo mine in Mongolia resumes heap leach operations

Canadian Centerra Gold said Wednesday that its Boroo open-pit gold mine, located in Mongolia, has received regulatory approval for its heap leach facility, allowing the company to resume operations at the plant.

Cecilia Jamasmie | September 19, 2012 | 3:40 pm

Gold sector to see a rise in mining acquisitions

Goldcorp, one of the top producers of the precious metal, expects mergers and acquisitions in the sector to increase in the coming months.

Cecilia Jamasmie | September 19, 2012 | 3:10 pm

Tahoe reports civil unrest from outsiders at its Guatemala’s Escobal silver mine

Vancouver-based Tahoe Resources Inc. said Wednesday construction activities on the power line for the Escobal silver project in Guatemala were disrupted by a mob intent on forcing the company to end construction.

MINING.com Editor | September 19, 2012 | 2:28 pm

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