MINING.COM

Newcrest restarts Lihir mine

Gold producer Newcrest Mining (ASX:NCM) resumed its operations at the Lihir project, in Papua New Guinea, following the resolution of a dispute lodged by the Lihir Mining Area Landowners Association (LMALA).

Cecilia Jamasmie | August 29, 2012 | 12:30 pm

EPA needs $635 million and 30 years to clean Silver Valley

Idaho's Silver Valley will need to pay $635 million under a new 30 year plan by the federal government to clean up over a century's worth of mining pollution in the region.

Marc Howe | August 29, 2012 | 7:04 am

Republican Party will ‘rein in EPA’ to pursue domestic energy independence

The Republican Party's 2012 Party Platform says it will 'rein in the EPA' in the pursuit of domestic energy independence and push for the development of coal, oil and natural gas reserves as well as nuclear energy.

Marc Howe | August 29, 2012 | 4:54 am

China slows overseas investments during leadership transition

MMG (HSX:1208) CEO Andrew Michelmore says China's leadership transition later this year could put the brakes on overseas investment due to impeded decision-making by China's policy-making elite.

Marc Howe | August 29, 2012 | 3:22 am

Silver junior Aurcana gains 12% on 50-fold rise in resource estimates

Shares in Canadian silver junior Aurcana (TSX:AUN) leapt 12% to CND$1.05 after the company announced a radically updated estimate for resources in its La Negra Mine in Mexico.

Marc Howe | August 29, 2012 | 2:02 am

Molycorp announces start of Californian rare earth operations

Molycorp Inc. (NYSE:MCP) has announced that its new Project Phoenix heavy rare earth concentrate facilities situated at Mountain Pass in California have […]

Marc Howe | August 29, 2012 | 1:47 am

Baja Mining stocks surge 77% on Korean consortium’s $90mln payment

Shares in Vancouver-based Baja Mining Corp. (TSX:BAJ) have surged following confirmation from the company that a Korean consortium has paid USD$90 million to become a 51% owner of Baja subsidiary Minera y Metalurgica del Boleo S.A. de .C.V. (MMB)

Marc Howe | August 29, 2012 | 1:25 am

School instead of Work – India finally bans Child Labour

The Times of India reports that India’s Cabinet finally prohibited the employment of children under 14. Furthermore, children in the age between […]

Susanne Iberle | August 28, 2012 | 11:36 pm

Land fight forces Newcrest to shut Lihir gold mine

Australia’s largest listed gold company by market capitalization, Newcrest Mining (ASX:NCM), said Tuesday it had to suspend production at its flagship Lihir mine in Papua New Guinea, as protests from a local landowners’ group keep escalating.

Cecilia Jamasmie | August 28, 2012 | 6:56 pm

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