August 29, 2012

Veteran miner slashes wrists to keep Italy’s last coal pit open

49-year old Sardinian miner Stefano Meletti slashed his wrists in front of television cameras on Wednesday to protest the planned closure of Italy's last coal pit.

August 29, 2012

Powerscreen takes control

Powerscreen, one of the world’s leading providers of mobile crushing and screening equipment, announces a series of improvements to the plant controls used in its crushing and screening equipment.

August 29, 2012

Mexican army and police break protest at Excellon’s la Platosa mine

Close to 100 soldiers and officers of the Mexican Army and Federal and state police agencies broke through a peaceful protest taking place in front of the La Platosa mine,…

August 29, 2012

Condoto Platinum signs cooperation agreement for significant-scale alluvial mining operation in Novita, Colombia

Condoto Platinum NL (ASX:CPD) (the “Company”) is pleased to announce that it has signed a Cooperation Agreement with Evelio Casimiro Martinez Asprilla (“Martinez”) in order to commence bulk sampling initiatives…

August 29, 2012

Iron ore freefall catches miners

Iron ore prices hit the lowest level since November 2009 on Tuesday as the commodity crashed 4.6% closing at $94.80. The dive proved a drag for producers of the commodity,…

August 29, 2012

Finances keep new gold mine in Australia on hold

Cautious investors could stall a major underground gold mine east of Canberra, which will cost more than A$77 million to build.

August 29, 2012

Condor Gold surges on latest drilling results

Shares of London-based Condor Gold (LON:CNR) went up almost 11% Wednesday, closing at 125 pounds, as it revealed final results from its latest drilling programme at its 100% owned La…

August 29, 2012

Gran Colombia gold announces additional purchases of shares by managers directors

Canadian Gran Colombia Gold Corp. (TSX:GCM), the largest underground gold and silver producer in the South American country, announced that senior managers and members of the board of directors have…

August 29, 2012

Anglo American sheds workers as coal prices plummet

London-based Anglo American (LSE:AAL) has joined an expanding list of coal producers making staff cuts at specific Australian operations, after it announced it will cut at least 50 jobs when…

August 29, 2012

Balmoral discovers three new areas of gold mineralization in Quebec property

Balmoral Resources (CVX:BAL) reported Wednesday that exploration drilling on its Martiniere Property, in central Quebec, conducted well outside the previously known extent of the site’s gold system, has intersected three…