Swiss and Indian bidders vie for Northern Iron
Aussie-listed iron ore junior Northern Iron (ASX:NFE) is now the object of competing bids for control from rival investors in Switzerland and India.
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63% of Newcrest’s assets situated in ‘very high-risk’ countries
Newcrest Mining (ASX:NCM) is the one Australian mining major exposed to the greatest level of country risk with 63% of its assets situated in nation-states categorized as 'very high-risk' by analysts.
Diamond production up on a global scale
With Botswana a top producer, diamond production rose by 26% to $14.41 billion 2011.
Dour mining report substantiates warnings of an Australian resource sector slowdown
A report indicating weak sentiment on the part of Australian mining companies would appear to substantiate warnings that Australia's flourishing resources sector is headed for a slowdown.
Platfields calls for state intervention in South African platinum sector
Bongani Mbindwane, CEO of South African junior explorer Platfields (SJ:PLL), has written an open letter to South Africa's mineral resources minister calling for direct assistance in dealing with the platinum sector's dire condition.
Molycorp production push to challenge Chinese rare earth dominance
The USA's largest rare earth producer Molycorp (NYSE:MCP) is mounting a credible challenge to Chinese rare earth dominance by dramatically scaling up output and potentially increasing its global market share to 30% from 4% at present.
A few Republicans start talking carbon tax
While their counterparts in Australia are having nothing to do with it, some wonkish types in the Republican Party are floating the idea of a carbon tax.
Nearly a quarter of streams in southern West Virginia polluted due to mine runoff
Phys.org says damage to streams and rivers in southern West Virginia is substantial due to mining, and even small operations can have a large impact on wildlife.
Diavik spent $146.7 million on northern business in 2012
Diavik Diamond Mine touted the out-sized impact it has on the local economy in its 2012 mid year socio economic report.