TAFE Western Invests in Equipment for Training in the Mining Industry
As the Lithgow Mercury reports, the TAFE Western Acting Institute In Dubbo (NSW Australia) invests in training equipment to be prepared for […]
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Global growth shocks drop copper to 2012 low
Copper suffered another sharp drop in New York on Friday with traders reacting to bad economic news from the US in the form of dismal jobs numbers, a crisis in Europe that seems to be stressed to breaking point and a steep drop-off in growth in China, Brazil and India.
Gold gaps higher after dismal US jobs numbers and fresh Spanic
The raft of bad US economic numbers this week that culminated in the terrible employment report this morning, combined with the stream of bad news emanating from Europe, saw the gold price jump more than $50 an ounce on Friday.
Nautilus dispute with Papua New Guinea to delay or even cancel underwater mining dreams
Canada-based Nautilus Minerals Inc. said its Solwara 1 underwater copper project could be delayed or even cancelled due to a dispute with Papua New Guinea over the mine ownership agreement.
Bolivia to decide Canadian South American Silver mine’s future based on indigenous referendum
Bolivia’s President Evo Morales announced he will consult the indigenous communities of the Altiplano before authorizing the eventual exploitation of the silver and indium deposit of Mallku Khota, currently under exploration by Canadian South American Silver (TSX:SAC).
Brazil Potash raises funds for Amazon Basin development
Brazil Potash Corp. announced it has secured $58 million for potash exploration at the Amazon Basin project, where it plans to build a $3.5 billion to $4 billion mine.
Debunking the goldbugs, one belief at the time, FT style
Are gold supporters part of a special group? More than a market philosophy, do they represent a doctrine and a belief-system? These and many other interesting questions are answered by Financial Times writer, Izabella Kaminsk, in her most recent post.
Chile’s mining future jeopardized by delay in Patagonia $7 billion dam project
Chile, the top copper producer in the world, will not be able to keep mining for the red metal, gold and other minerals if the country doesn’t find a solution to the pressing energy needs, experts believe.
After announcing six metres at 617 g/t of gold, Mawson Resources’ stock jumps 33%
Mawson Resources (TSE:MAW) spiked 33% to $1.44 a share on Thursday after announcing its first drill results from the Rompas gold project in Northern Finland.