May 9, 2012 Chinalco Mining seeks $1 billion IPO for massive Peru copper mine With huge investments in Peruvian copper, Chinalco Mining, a division of the giant Aluminum Corp of China, follows another Chinese state-owned miner to the Hong Kong market to raise money.
May 9, 2012 Wholesale grade drop pummels Harmony profits Exacerbated by stoppages and repairs, the gold miner reported a 20% drop in overall grade but, the bottom line was saved by a tax credit.
May 9, 2012 Anglo American Platinum to adopt fuel cell locomotive Anglo American Platinum (Amplats), the world’s largest platinum producer, launched today the first of five fuel cell-powered locomotive prototypes to be tested at its mining operations in South Africa.
May 8, 2012 Lucara Diamond Corp gets ready to auction rocks from its new Botswana mine Canadian diamond producer Lucara Diamond Corp announced today that production from its recently inaugurated Karowe mine in Botswana could be available for sale in June.
May 8, 2012 Potash is a diamond in the rough for the Republic of Congo Australian junior Elemental Minerals (ASX, TSX: ELM), which is developing a potash project in the Republic of Congo, announced it has increased measured and indicated resources at its Kola deposit…
May 8, 2012 Falling output hurts SA gold miners South African gold producers are expected to report lower quarterly earnings with production knocked across the board as output-disrupting safety stoppages continue to sting, a Reuters poll of 7 analysts…
May 8, 2012 Kinross Gold’s Mauritanian desert storm The Tasiast gold mine in the Mauritanian desert was the biggest acquisition in Kinross Gold Corp.’s 19-year existence and one of the biggest takeovers in the history of the gold…
May 7, 2012 China wants to take over the world’s largest undeveloped iron ore project A private group of Chinese magnates is planning to take away Guinea’s Simandou, the world's largest undeveloped iron ore project, from Anglo-Australian mining giant Rio Tinto.
May 6, 2012 South Africa mine casualty figures at record low Miningmx.com reports April has seen the lowest number of mining fatalities ever in South Africa, according to figures released by mines minister Susan Shabangu.
May 6, 2012 Asmara copper and zinc project minelife jumps 50% In a new prefeasibility study Sunridge Gold pulled four deposits together into a single mining scenario at its Asmara copper-zinc project in Eritrea for the first time, giving it added…
