MINING.COM

Vale gets green light for railway expansion

Brazil’s Vale (NYSE:VALE), the world's number one iron ore producer, was granted Monday an environmental permit to expand the Carajás railroad (EFC), a key part of its plans to increase iron ore production in the Amazon.

Cecilia Jamasmie | November 19, 2012 | 7:03 pm

Cliffs Natural Resources delays massive iron ore projects

Cliffs Natural Resources (NYSE:CLF), U.S.’ s largest producer of iron-ore pellets, said Monday it would delay mine expansion in Quebec as well as a portion of production at two of its operations in the U.S., as a result of weak commodity prices.

Cecilia Jamasmie | November 19, 2012 | 5:55 pm

India to auction 54 coal mines

Only three days after India’s auction for the 2G telecom spectrum ended in a fiasco with no bids, the South East Asian country is now talking about selling 54 coal mines.

Cecilia Jamasmie | November 19, 2012 | 5:27 pm

Newcrest licence to Australia’s largest gold mine challenged

Newcrest Mining (ASX:NCM) (TSX:NM), one of the world’s top five gold miners by production, reserves and market capitalization, is facing a lawsuit that challenges its licence to Australia’s largest underground gold mine, Cadia Far East.

Cecilia Jamasmie | November 19, 2012 | 4:47 pm

Keystone XL opponents demand Obama reject pipeline

Less than two weeks after U.S. President Barack Obama was re-elected for a second term, thousands of protesters rallied in Washington Sunday asking him to reject the proposed Keystone XL oil sands pipeline, which would transport crude oil from Canada to the U.S.

Cecilia Jamasmie | November 19, 2012 | 2:38 pm