Zijin Mining buys 10% of Canada’s Ivanhoe Mines
Zijn's main interest in Ivanhoe seems to be the Kamoa copper project.
Latest Stories
Shaft mounted gearbox range is available off the shelf from UK manufacturer
Renold Gears' standard range of SMX heavy-duty, shaft mounted gearboxes is now available off the shelf for immediate delivery as part of the company's Rapid Response gearbox delivery service.
Cliffs sells Ontario’s Ring of Fire claims to Noront for $20 million
The U.S. miner said the sale is part of a strategy to divest non-core assets and focus on supplying iron ore pellets to the North American steel industry.
South Africa woes cast doubt on BHP spin-off success
There are a number of challenges South32 is likely to face, including potential Black Economic Empowerment ownership concessions and power price hikes.
Honeywell lockout at Illinois uranium plant coming to an end
The seven-month work stoppage as crippled the U.S. only facility that converts uranium oxide into hexafluoride, used as fuel in nuclear power plants.
Coal projects, port expansion could permanently damage Great Barrier Reef: report
The Great Barrier Reef is at risk of permanent damage should huge coalmining and a port development in Queensland go ahead, scientists say in a new report.
Canadian mine targeted in Eritrea: African media reports
Media reports from East Africa on Saturday claimed that a gold mine partly owned by Canadian company Nevsun Resources (NYSE:NSU, TSX:NSU) was hit by Ethiopian fighter jets.
Indian gold smuggling soars
Gold has not surprisingly found a back door into India, despite import restrictions on the yellow metal that were only recently lifted.
Ontario slammed by Northern Prospectors Association
Dotted with lucrative gold mines like Red Lake, Hemlo, Musselwhite and Timmins, along with the nickel belt of Sudbury, Ontario with its storied mining history should be a prospector's dream.
