April 20, 2012

Xstrata threatens Australian marketing company with defamation over spoof of anti mining taxes campaign

Mumbrella may face defamation charges from Xstrata Coal after it published a parody video of the anti mining taxes campaign, re-launched last week by The Minerals Council of Australia.

April 20, 2012

Tanzanian Royalty reports more high grade assay results from its Buckreef Gold Project in Tanzania

The latest assay results from the ongoing drill program at Tanzanian Royalty’s Buckreef Gold Project in northern Tanzania lend additional support to the emergence of a high grade gold discovery…

April 20, 2012

All aboard the Chinese iron express: BHP joins Rio Tinto and Vale in new trading platform

Diversified miner BHP Billiton (NYSE:RIO) today became the third iron giant to join the new China Beijing Metals Exchange (CBMX), only a few days after competitors Vale (NYSE:VALE) and Rio…

April 20, 2012

Vale’s latest business sounds fishy, in a good way

Brazilian mining giant Vale has taken the concept of mining diversification to a new level by announcing that it will start raising fish by its Sudbury, Canada, location.

April 20, 2012

Worker riot at African Minerals’ Sierra Leone mine turns deadly

The unrest by workers at African Minerals' Tonkolili iron ore mine in Sierra Leone has left one woman dead and at least six injured, witnesses and medical staff said Friday.

April 20, 2012

Marathon Gold Files Technical Report with Initial NI 43-101 Compliant Resource Estimate for the Golden Chest Mine

Marathon Gold Corporation ("Marathon" or the "Company") (TSX: MOZ)today announced it has filed its Technical Report with the first NI 43-101 compliant Resource Estimate on the Golden Chest Mine in…

April 20, 2012

Avanti pops 20% after securing $640 million loan for moly mine

Avanti shares rose 20% Thursday after the Vancouver company secured $640 million in financing for its Kitsault molybdenum mine.

April 20, 2012

ENRC swallows Kazakhstan coal producer for $600 million

Eurasian Natural Resources Corporation (ENRC) has paid US$600 million for the remaining 75% of Kazakhstan coal producer Shubarkol Komir.

April 20, 2012

Gold miners vs ETFs. Round 2

Should gold mining companies pay dividends to attract investors who are pouring money into gold-backed exchange traded funds?

April 20, 2012

Two more sites for Fiji bauxite mining

Villagers of Nawailevu in Bua have benefitted from the bauxite mining which is planned for two more districts in Bua.