MINING.COM

Korea Resources wants at least 10% of world’s largest met coal deposit

State-run Korea Resources Corp. (KORES) is planning to invest at least US$532 million (600 billion won) in mining projects abroad this yea, particularly in the coal sector of Indonesia and North America, reports Bloomberg.

Cecilia Jamasmie | March 16, 2012 | 1:34 pm

Mining expected to drive continued economic growth across Canada’s North

Canada’s North will be leading the country in economic growth over the next two years as a boom in mining projects takes hold, says the Conference Board of Canada’s Territorial Outlook-Winter 2012 study, reports CBC.

CBC Ottawa | March 16, 2012 | 12:05 pm

Kobe Steel to invest $298 million in Southdown iron ore project in Australia

Kobe Steel, Ltd. announces that it reached agreement with trading firm Sojitz Corporation to take a 33% equity share in Sojitz Resources & Technology Pty Ltd, currently a 100% owned subsidiary of Sojitz Corporation.

Kobe Steel | March 16, 2012 | 5:39 am

Chinese demand for zinc will outstrip mine output

Zinc fundamentals in China look promising according to a new report sourced by Intierra.

Andrew Topf | March 15, 2012 | 8:41 pm

If the CEO is single, the company’s stock will swing

CEOs who are male and single are bigger risk takers and their company's stock is more volatile, according to a study by the University of Pennsylvania.

Michael Allan McCrae | March 15, 2012 | 8:39 pm

Hard landing in China is already happening

Bloomberg reported bleak news from a leading Asian analyst who says there is no doubt that China's economy is already landing hard.

Michael Allan McCrae | March 15, 2012 | 6:30 pm

Field geologists can leave the guns at home: BYU study

Having a gun in the field doesn't provide anymore protection during bear encounters than encounters without, according to Tom S. Smith, a Brigham Young University biologist.

Michael Allan McCrae | March 15, 2012 | 6:05 pm

Murray & Roberts Cementation nominated as preferred contractor for proposed Venetia underground project

Murray & Roberts Cementation has been selected by De Beers as the preferred contractor to undertake the development of an underground mining operation at Venetia Diamond Mine. This project is in a feasibility stage and will be considered by the De Beers Board in 2012.

CNW Group | March 15, 2012 | 4:28 pm

Codelco’s battle with Anglo American worsens, threating Anglo’s business

Chilean copper giant Codelco is preparing new legal actions in its dispute with Anglo American (LSE:AAL) as the company is not satisfied with the documents submitted Wednesday to a civil court by the London-based company.

Cecilia Jamasmie | March 15, 2012 | 4:11 pm

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