July 21, 2012 Congo probe into mining companies’ disappearing tax payments The Democratic Republic of the Congo's new prime minister has ordered an investigation into the nation's mining industry after a damning report by an international watchdog found tens of millions…
July 21, 2012 China’s Sino Iron mine in Australia just got $2 billon more expensive The cost of building China's CITIC Pacific’s first iron ore mine in Australia, Beijing’s largest investment in the Aussie mining sector, has increased to a shocking $8 billion.
July 21, 2012 Two solar power plants to relieve mining sector’s power needs in Chile As subsidies for renewable energy are falling in the depressed European economies, which represent the world's largest market for solar technology, manufacturers have started looking to new markets and Chile…
July 20, 2012 New gold mining technology to boost South African miners efficiency A new method of underground gold mining, being tested by AngloGold Ashanti, is filling headlines in the country, as the method has the potential to reverse the decline in South…
July 20, 2012 Freeport to start $4 billion Peru’s copper mine expansion in 2013 Freeport-McMoRan Copper & Gold (NYSE: FCX) will start its $4 billion mill expansion at the Cerro Verde copper operation in Peru next year, said CEO Richard Adkerson a conference call…
July 20, 2012 Major Anglo American reshuffle as Amplats CEO walks away Neville Nicolau, the head of Anglo American’s platinum business is leaving the company, after the South African unit warned its earnings per share for the first half could drop as…
July 20, 2012 Seaway pipeline expansion almost ready: operators Canadian Enbridge and Enterprise Products Partners LP have nearly completed work on the Seaway pipeline to increase its capacity from 150,000 to 400,000 barrels per day.
July 20, 2012 Colombian coal miners’ strike risks Glencore operation Following a series of recent protests and other problems affecting mining companies with operations in Colombia, coal workers for the local unit of Glencore International went on strike late Thursday,…
July 20, 2012 De Beers’ profit down 53%; Venetia expansion still going ahead Profit for De Beers, the world's number two diamond producer after Russia's Alrosa, is down 53% for the first half of 2012 affected by worries over consumer demand and shortage…
July 19, 2012 It is possible to create a crime free environment The criminal has evolved to the point whereby they are no longer “effectively” deterred by conventional security such as alarms, CCTV, grills or by old technologies such as data or…
Codelco, SQM seal lithium venture in Chile’s Atacama desert NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060. December 27, 2025 | 09:38 am
