September 27, 2011

ArcelorMittal formally commences iron ore production in Liberia

MONROVIA, Liberia Regulatory News: Important milestone in Liberia’s economic recovery achieved ArcelorMittal, the world’s largest steel and mining company, today commenced commercial iron ore production from its mining operations in…

September 27, 2011

Minister shuts down Kunene’s gold mine

Central Rand Gold mine, which Kunene co-ownes with Gayton McKenzie, was stripped of its rights to mine after complaints that it was not complying with the law.

September 25, 2011

Mega tailings dam in South Africa could get kyboshed

Fin24 is reporting that a huge tailings dam being built in Kuma township could get kyboshed due to opposition from environmental groups, pressure groups and demands from landowners. The Kareerand…

September 25, 2011

Tanzania not rushing new mining taxes – Finance Minister

"It's not a question of saying we'll be doing that from tomorrow. It's an issue being discussed with the companies," Finance Minister Mustafa Mkulo told Reuters on the sidelines of…

September 25, 2011

Allana Potash intersects high-grade potash at 38% KCl over 3.5 metres and provides project update

Allana Potash Corp. (TSX:AAA)(OTCQX:ALLRF) ("Allana" or the "Company") is pleased to announce that it has intersected three zones of strong potash mineralization in Hole DK-11-27 ("Hole 27").

September 25, 2011

Zim gets just 20% of diamond value — experts

NewsDay reports that diamond colleges have accused the government of being concerned with selling the stones rather than adding value, which would create employment for millions of Zimbabweans and rake…

September 25, 2011

Mining firms invest USD $9 million in diamond prospecting in Bié, Angola

AngolaPress reports at least USD 9.0 million was invested in diamond prospecting the central Bié province by three private mining companies.

September 25, 2011

Rich pickings on gold mine dumps

"You're standing on gold now," said Charles Symons, chief operating officer for DRDGold, as he surveyed a crater 30m deep and 250m long blasted out of the Elsburg dump, east…

September 25, 2011

Endiama head: $150m invested in diamond prospecting in past 6 years

Over the past six years, Endiama – a joint diamond production venture between De Beers and the Angolan government – has invested $150 million in prospecting for diamonds in Angola’s…

September 24, 2011

Mining equipment financing gets lift

For a few years up to 2009, demand for mining equipment finance was strong, but it then declined as companies cut back because of the international financial meltdown. Since the…