March 27, 2012

Zimbabwe diamond mine pay deal agreed

ANJIN, the biggest miner operating in Zimbabwe’s controversial Marange diamond fields, said yesterday a two-day strike by workers had ended after management agreed to a 25 per cent wage rise.

March 26, 2012

World’s largest coal company muscling in on world’s largest metallurgical deposit

"Shenhua is the most competitive bidder for the project given its technology, transport infrastructure, access to the Chinese market and the backing of the Chinese government," Shenhua CEO Ling Wen…

March 26, 2012

La Mancha’s measured and indicated resources more than double to 4.8 million ounces of gold equivalent

Dominique Delorme, President and CEO of La Mancha, noted: "Having quadrupled our resource base to nearly 5 million ounces of gold equivalent since 2007, it is exciting to see that…

March 26, 2012

Forsys completes acquisition of remaining 30% interest in Namibplaas

"This acquisition positions Forsys to be better able to realize the full potential of consolidating Namibplaas with its wholly-owned Valencia Uranium Project," said Marcel Hilmer, CEO and Director of Forsys.

March 26, 2012

Win some lose some: Gold Fields delving deeper into Philippines, suspends drilling in Mali

Nick Holland of CEO Gold Fields said on Monday the company has plonked $63 million on a second gold-copper project in the Philippines. The globe's fourth-largest gold miner also announced…

March 26, 2012

Congolese families take Canadian mining company to the Supreme Court

The Canadian Association Against Impunity (CAAI), which represents several human rights groups and non-governmental organizations, filed today a last-minute plea at the Supreme Court against Canadian miner Anvil Mining Limited…

March 26, 2012

Energizer Resources Confirms Jumbo Flake Graphite With +90% Purity; DRA Mineral Projects Makes Initial Equity Investment in Energizer

TORONTO, ONTARIO--(Marketwire - March 26, 2012) - Energizer Resources Inc. (TSX:EGZ)(OTCBB:ENZR)(FRANKFURT:YE5) ("Energizer" or the "Company") is pleased to announce that it has received positive initial metallurgical test results from its...

March 26, 2012

Finders Resources reviewing options for Ojolali Gold‐Silver Project

Metals developer Finders Resources Limited (ASX:FND) announced it has started a strategic evaluation of its alternatives for the Ojolali gold-silver project, in Sumatra.

March 26, 2012

First Quantum Minerals Provides Mineral Resource and Reserve Estimates for Its Sentinel Copper Project, Zambia

First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX:FM)(LSE:FQM) today issued the mineral resource and reserve estimates for its Sentinel copper project in Zambia. The project is part of…

March 25, 2012

Coal import duty cut to help bottom lines of cement firms

Companies have already increased prices by around Rs 5-10 per bag A reduction in the cost of coal imports due to reduced import duties from the financial year 2012-2013 is…