MINING.COM

Chiquita tries to peel back oil sands pledge

After Chiquita told ForestEthics that it would quit using oil sands derived fuel to truck its bananas, the fruit company is assuring upset truckers that the company, while committed to going green, that will adopt a go slow approach.

Michael Allan McCrae | December 23, 2011 | 6:49 pm

EPA now unsure of link between between water contamination and hydraulic fracturing

Environmental Protection Agency Administrator Lisa Jackson, who was appointed by Obama in 2008, says that the Pavillion study in Wyoming that found water contamination from hydraulic fracturing may need another look.

Michael Allan McCrae | December 23, 2011 | 4:31 pm

Gold steady in shortened session but Christmas rally spied

Gold has risen between Christmas and New Year in 8 of the last nine years, if the trend continues the yellow metal could end the year around $1,650.

Mineweb | December 23, 2011 | 4:22 pm

Copper order in Mongolia awarded to FLSmidth

FLSmidth has been awarded a contract worth approximately USD 105m (approximately DKK 600m) from the Mongolian company, Mongolyn Alt (MAK) Group, to supply a greenfield copper concentrator for a mine some 500 kilometres from the capital city Ulaanbaatar, Mongolia.

Michael Allan McCrae | December 23, 2011 | 4:09 pm

China announces discovery of massive coal deposit

The discovery of a massive new coal reserve in Xinjiang Uygur is hoped will help meet China's coal requirements, which are set to grow to 1 gigaton during the 12th 5-year plan.

Mineweb | December 23, 2011 | 2:42 pm

Gold to retest all time highs in 2012 – analysts

While the yellow metal has struggled in the last few months, many analysts are still expecting big things from gold in 2012.

Mineweb | December 23, 2011 | 12:25 pm

Barcap metals traders lose out to Red Kite

Betting that copper prices would rise, Barclays Capital traders lost tens of millions of dollars, sources say, the bank said the losses were not "big" and that there was no "abnormal" trade.

Mineweb | December 23, 2011 | 8:29 am

DOE report finds 5 clean-energy related REEs at risk in short-term

The substantial capex required for the development of a rare earths mine, compounded by major miners' lack of interest in mining rare earths, may spell trouble in meeting future demand.

Mineweb | December 23, 2011 | 8:20 am