MINING.COM

MICROMINE releases Geobank Mobile 2

MICROMINE, the leading provider of software solutions to the international mining sector, is pleased to announce the release of Geobank Mobile 2, the latest version of the company’s geological field-logging solution.

MICROMINE | October 28, 2014 | 4:57 pm

New modelling and mine planning tools in Maptek Vulcan 9.1

Maptek™ Vulcan™ 9.1 delivers widespread improvements to the flagship modelling and mine planning product. Standout new features are Gantt Scheduler for underground operations, Level Designer for stope access design and enhancements to Implicit Modelling.

Maptek | October 28, 2014 | 4:38 pm

Former Anglo’s senior exec. said to have taken $3.5 million from firm

Instead of paying for mine equipment and services, the former project director sent the money to private bank accounts in Barbados and London.

Cecilia Jamasmie | October 28, 2014 | 3:13 pm

At least 18 Turkish miners trapped in coal mine after collapse

Initial media reports said the collapse occurred after water that had built up inside the mine coursed into areas where the workers had been located.

Cecilia Jamasmie | October 28, 2014 | 2:16 pm

Canada’s oil sands group commits to environmental impact reduction

The head of a group of Canadian oil sands producers, including some of the world’s biggest energy companies, said Monday that the consortium has committed to reducing the use of fresh water at some operations.

Wall Street Journal Online | October 28, 2014 | 1:23 pm

Freeport-McMoRan’s profit down 32% amid lower copper, gold prices

The U.S. largest miner by market value and revenue is also dealing with a strike threat at its Indonesia's Grasberg copper and gold mine, which recently resumed operations.

Cecilia Jamasmie | October 28, 2014 | 11:45 am

Gold price: ETF investors cash out

The last time gold-backed fund vaults were this empty was September 2009 when gold was trading below $1,000 an ounce.

Frik Els | October 27, 2014 | 10:02 pm

David Harquil on the gold streaming model and raising capital for miners

David Harquail joined well-known investors ‘Lucky’ Pierre Lassonde and Seymour Schulich in 1987, when Franco-Nevada was just getting its legs. He’s been with the company ever since, currently serving as CEO.

Sprott's Thoughts | October 27, 2014 | 9:45 pm