December 24, 2012

ALROSA starts stripping works at Botuobinskaya open-pit diamond mine

Commercial diamond mining at the Botuobinskaya mine is expected to begin in the fourth quarter of 2015.

December 24, 2012

Zoloto Kuryi to boost gold output by 37% this year

As of today, Zoloto Kuryi has mined 700 kg of gold worth RUB 1.15 billion (USD 37.45 million) this year.

December 24, 2012

The greatest mining flameouts of 2012

The notable flops, failures and flameouts of the year.

December 24, 2012

China’s Shandong Gold snares majority stake in Australia’s Focus Minerals

Deal is the biggest transaction of its type for a mid-tier gold miner in recent years

December 24, 2012

Western Australia expects four more uranium mines over next ten years

State premier gives firm support to uranium mining despite federal approval delays

December 24, 2012

Buy physical gold as governments charge towards insolvency in 2013: Pento

Tremendous macroeconomic dangers lie in wait over the next year

December 23, 2012

Mining costs soar as productivity languishes, superfluous staff proliferate

Excess sub-contractors and outdated construction techniques lead to cost blowouts and project delays

December 22, 2012

Russia boosted titanium, magnesium output on 11M 2012

Crude titanium output in Russia in January-November 2012 increased by 23.7% YoY, the federal statistics agency has reported.

December 21, 2012

Teck Resources coal sales to exceed prior outlook

Shares in Canada’s Teck Resources (TSX:TCK.B) (NYSE:TCK) climbed slightly Friday after the company announced that coal sales for the fourth quarter are expected to top its prior outlook of 6.2…

December 21, 2012

Copper Mountain announces 2013 production guidance

Copper Mountain Mining Corporation (TSX: CUM) is projecting 2013 production of approximately 80 million pounds of copper, 35,000 ounces of gold, and 315,000 ounces of silver.