April 17, 2012

New earth-moving tyres from Mitas

Paris-Nord Villepinte/Prague, – Industrial tyre producer Mitas presented a set of new earth-mover tyres that extends the family of its ERL/ERD tyre sizes by 30 percent.

April 17, 2012

AVEVA Laser Modeller reduces 3D modelling time by up to 50%

Solution to rapidly and cost-effectively transform laser scan data into intelligent, as-built 3D plant models released

April 17, 2012

NovaGold On Track To Complete the NovaCopper Spin-Out on April 30

NovaGold Resources Inc. (TSX:NG)(NYSE Amex:NG) ("NovaGold" or "the Company") is pleased to announce that it will be implementing the previously approved spin-off of NovaCopper Inc. ("NovaCopper") on schedule and as…

April 17, 2012

Rio blames output drop on weather

Production of Rio Tinto’s prime commodities has slipped in the first three months of 2012, compared to the previous period.

April 17, 2012

IMF forecast gets more upbeat

The International Monetary Fund increased its outlook for the world's economy on Tuesday, saying it expects global GDP to expand by 3.5 per cent this year.

April 17, 2012

Alufer Mining: Bauxite mine developer plans US$150-200 mln AIM IPO

Alufer Mining is laying the groundwork for a listing on the AIM market that will value the Guinea-focused bauxite specialist at between US$150 and US$200 million.

April 17, 2012

Freeport McMoRan ripe for takeout, analysts say

Freeport McMoran Copper & Gold is currently valued so low that it is an excellent target for a takeover, according to media reports today.

April 17, 2012

Final report on Newmont’s $4.8 billion Conga gold project delivered to Peru’s Government

The long-awaited and twice-postponed report from international experts on the environmental impact study (EIS) for Newmont and Buenaventura’s US$4.8 billion copper-gold project, the Conga mine, is finally in the Peruvian…

April 17, 2012

$4bn subsidy for Australian mine sector

The federal government gives just over $4 billion in direct subsidies to mining companies each year, mainly in the form of cheap fuel and tax breaks for building roads and…

April 17, 2012

Mongolian government tells SouthGobi Resources to stop mining

Three weeks after SouthGobi Resources' $925 million deal with Chalco, the Government of Mongolia told SouthGobi that it had to suspend exploration and mining activity on certain licenses.