MINING.COM

Canadian Eco Oro to appeal Colombian court order

Gold and silver junior Eco Oro Minerals said it will to appeal a ruling by a Colombian court that ordered the Ministry of Mines and Energy to take action to “leave without effect resolution 3452", which is the company’s main mining title.

MINING.COM Staff Writer | July 21, 2012 | 9:02 pm

China’s Bosai Minerals Group ponders leaving Guyana due to hostility

Chinese producer of bauxite Bosai Minerals Group halted its operations in Guyana on Friday due to violent protests against the miner that left at least three deaths on Wednesday, said the President Donald Ramotar.

Cecilia Jamasmie | July 21, 2012 | 8:54 pm

Canadian Atlanta Gold forced to pay $2 million in fines

An Idaho court has ordered Canadian Atlanta Gold Corp (TSX:ATG) to pay a bulky $2 million fine for its continuing failure to stop arsenic and iron from flowing into a tributary of the Boise River system.

Cecilia Jamasmie | July 21, 2012 | 6:46 pm

Lithium ion batteries cost for electric vehicles to decline

The price of automotive lithium ion batteries is expected to fall dramatically by the end of the decade and even further by 2025, according to a new McKinsey study.

Canada News Wire via Quote.com | July 21, 2012 | 6:09 pm

India’s Jindal employees in Bolivia arrested and equipment seized for alleged ‘breach of contract’

Two employees of India’s Jindal Steel and Power were arrested on Friday and equipment confiscated in Bolivia, after the company abandoned its $2.1 billion El-Mutun iron ore project five days ago.

Cecilia Jamasmie | July 21, 2012 | 5:58 pm

No signs of the mining boom ending for Australia any time soon: studies

There is no end on sight to the mining boom in Australia, a country which mineral resources sector value is expected to reach $122.6 billion by 2016, growing at an annual average rate of 4.3%, reveals a study published Saturday.

Cecilia Jamasmie | July 21, 2012 | 4:54 pm

Congo probe into mining companies’ disappearing tax payments

The Democratic Republic of the Congo's new prime minister has ordered an investigation into the nation's mining industry after a damning report by an international watchdog found tens of millions of dollars a year in tax revenues were being lost in the system.

The Independent | July 21, 2012 | 4:02 pm

China’s Sino Iron mine in Australia just got $2 billon more expensive

The cost of building China's CITIC Pacific’s first iron ore mine in Australia, Beijing’s largest investment in the Aussie mining sector, has increased to a shocking $8 billion.

Cecilia Jamasmie | July 21, 2012 | 3:39 pm

Two solar power plants to relieve mining sector’s power needs in Chile

As subsidies for renewable energy are falling in the depressed European economies, which represent the world's largest market for solar technology, manufacturers have started looking to new markets and Chile seems to be the most attractive one.

Cecilia Jamasmie | July 21, 2012 | 12:00 pm

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