MINING.COM

Despite Educational Initiative still Accidents due to Rib and Roof Falls – Fine for Mine Operator

As reported on WorkersCompensation.com the U.S. Department of Labor’s MSHA proposed penalties in the amount of over $ 500,000 to a coal […]

Susanne Iberle | July 13, 2012 | 11:06 pm

Egyptian billionaire pays $492 million for La Mancha Resources

Naguib Sawiris,an Egyptian mobile phone entrepreneur, is paying $492 million for gold miner La Mancha Resources (TSE:LMA).

Michael Allan McCrae | July 13, 2012 | 8:30 pm

Nationalization worries and Oppenheimers’ exit: MINING.com’s top stories last week

It is mid-July, the heart of the summer, but there was news to be had. Here are our readers favourite stories last […]

Michael Allan McCrae | July 13, 2012 | 7:16 pm

Copper tops $3.50 after ‘significant pick-up’ in Chinese investment

“We are looking for a small rebound in the third quarter and a bigger rebound in the fourth quarter.”

Frik Els | July 13, 2012 | 6:52 pm

Ecuador to ‘make it easier’ for mining companies

Mining companies exploring and operating in Ecuador had some good news yesterday as President Rafael Correa said on state-owned radio station, Radio Publica, he might need to make it easier for miners from now on.

Cecilia Jamasmie | July 13, 2012 | 5:31 pm

Ousted Vale CEO back with a bang

Brazilian billionaire André Esteves has teamed up with Roger Agnelli, kicked out of iron ore giant Vale by government shareholders last year, to create their own mining company with an initial investment of $520 million.

Frik Els | July 13, 2012 | 4:48 pm

South Africa’s top mining execs push for higher safety standards

South Africa’s Chamber of Mines said Friday it will set up a special CEO “elimination of fatalities team” in an effort to bring down the number of deaths at the local mines.

Cecilia Jamasmie | July 13, 2012 | 3:45 pm

Baja Mining only has enough money for Boleo project for two more weeks

The Canadian mining company continues to struggle with cost overruns at its flagship Boleo mine in Mexico, the company has not yet received any funding proposals for the project and only has enough money to run it until August 1.

Cecilia Jamasmie | July 13, 2012 | 2:55 pm

Nobody can stop South Africa’s gold output collapse

South Africa's gold output continues to fall, dropping a further 2.9% in May. The last time the country's mines produced this little, the nation was still ruled by the Queen of England.

Cecilia Jamasmie | July 13, 2012 | 2:28 pm

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