MINING.COM

Fortescue wins eight year court case against corporate regulators

The Australian High Court has ruled in favor of Fortescue Metals Group (ASX:FMG) in a case brought against the mining giant eight years ago by the Australian Securities and Investments Commissions (ASIC).

Marc Howe | October 2, 2012 | 3:41 am

BC government rejects Morrison Lake mine for the salmon

The government of British Columbia has rejected plans for a combined copper-gold mine in the province's north-west due to fears it could threaten salmon populations in the Skeena River.

Marc Howe | October 2, 2012 | 3:12 am

Fed has doubled-down on Q3, unofficially announced Q4: Pento

Renowned investor and Bloomberg regular Michael Pento says the US Federal reserve has "doubled down on QE3 this morning and unofficially announced QE4."

Marc Howe | October 2, 2012 | 2:47 am

Beijing investor offers $100m to Coal of Africa for quarter of equity

A subsidiary of Beijing Haohua Energy Resource has offered Coal of Africa $100 million in equity funding following Exxaro's decision to refrain from exercising options for a stake in the South African miner's Makhado coal project.

Marc Howe | October 2, 2012 | 1:52 am

Leading investors disappointed with Xstrata’s takeover ‘on the cheap’

Leading investors in Swiss commodities giant Xstrata (LSE:XSTA) have expressed their disappointment and frustration at the board's recommendation of a merger with Glencore (LSE:GLEN) for what they believe to be a takeover "on the cheap."

Marc Howe | October 2, 2012 | 1:34 am

Hitachi introduces SkyAngle Advanced Peripheral Vision Support System at MINExpo INTERNATIONAL

New system provides “bird’s-eye-view” and dramatically enhances operator awareness

Hitachi | October 1, 2012 | 10:42 pm

BHP mega-projects: Jansen potash now ‘leading one horse race’

It would also be sweet revenge for the Anglo-Australian miner to put up shop in Potash Corp's backyard after being so summarily dismissed two years ago.

Frik Els | October 1, 2012 | 9:36 pm

Visionaire Inc. Announces New Mid-Size Cab Air Conditioner

Visionaire Inc., an OEM provider of air conditioning products, announces the Model 7060 low profile roof or wall mounted air conditioning system for heavy duty off-highway equipment.

Visionaire Inc. | October 1, 2012 | 8:52 pm

Anglogold warns of closures as strike losses top $55 million a week

South Africa accounts for roughly a third of Anglogold's annual output and the company is losing 32,000 ounces – worth more than $55 million at today's prices – of production a week.

Frik Els | October 1, 2012 | 6:46 pm

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