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Three dead in underground mine accident at Russia’s Nornickel

Three people were killed on Tuesday in an accident at…

Norway’s $1 trillion fund builds Rio stake after dirty mine sold

After freezing out Rio Tinto for more than a decade…

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Aguablanca nickel mine to restart in 2012, Lundin says

Lundin Mining Corp. (TSX:LUN) says an assessment of its Aguablanca mine suggests full operations will likely restart in 2012 after a shutdown in December due to heavy rains, according to a report in The Brandon Sun: The base metals miner says it plans to spend the year preparing the mine to guarantee the operation's viability and safety after an assessment at the nickel mine in Spain.


Selwyn mobilizes

Selwyn Resources has mobilized the mining equipment and supplies integral to the Selwyn Project Joint Venture's proposed underground advanced exploration program.

White Tiger Gold swallows Century Mining Corp for C$743 million

Canadian gold miner White Tiger Gold Inc. has offered 0.40 of its share for each Century Mining share. The offer values Century at about C$1.82 a share -- more than three times the stock's Friday closing, according to Reuters: White Tiger's operations are mainly in Russia, including the Savkino and the Nasedkino project, while Century Mining's primary asset is the Lamaque gold mine in Quebec. The boards of both companies support the deal and White Tiger shareholders will own about 39 percent of the company.

Indian mining industry to face skilled manpower shortage

India, ranked among the top five global players in production of several major minerals, is poised for rapid growth in its mining industry - about five percent of the GDP. However, lack of skilled workers is set to hit the industry, creating a demand-supply gap of over 2,200 people by 2025, according to a study on mapping of human resources and skills for the mining industry in India by Confederation of Indian Industry (CII).

January gold output up 12.4% in Russia

Russian firms produced 7.53 tonnes of gold in January, 12.4 percent more than in January of 2010, the Gold Industrialists' Union industry lobby said on Saturday. The union expects gold production by Russia -- the world's No. 5 producer -- to rebound to 205-207 tonnes this year after it fell 1.4 percent last year to 201.3 tonnes.

Astur Gold releases promising PEA

Astur Gold, based in Vancouver, is exploring for gold in northern Spain. The company’s Salave property is located a few kilometres from the village of Tapia on the Spanish coast. The company has released its preliminary economic assessment. Astur Gold CEO Cary Pinkowski talks about the study: