April 16, 2012

Key report for Newmont’s $4.8 billion Conga gold project now expected tomorrow

Peru’s long-running Conga mine dispute is about to reach a turning point as international consultants appointed by the government in February are expected to deliver their report on the viability…

April 16, 2012

Colluli potash resource tops 1 billion tonnes

South Boulder Mines Ltd (ASX:STB) is pleased to announce that the JORC/NI43-101 Compliant Mineral Resource Estimate for the flagship Colluli Potash Project now stands at 1.08 billion tonnes @ 18%…

April 16, 2012

Nexen wins regulatory approval for major expansion

Oil sands producer, Nexen Inc. (TSX, NYSE: NXY), said it received regulatory approval to proceed with development of pads 14 and 15 at Long Lake and the Kinosis 1A area.

April 16, 2012

Unheard of mineral discovered in a cave in Spain

A team of researchers from the Geological Survey of Spain and the Complutense de Madrid University has discovered a new mineral, the zaccagnaita-3R, in a cave known as “The Soplao,”…

April 16, 2012

Wrong call on gold costs fund manager his hair

Toronto fund manager, John Oliver, had his head shaved today after wagering four years ago that gold would hit $2,000/oz. Oliver, who works for Sprott Asset Management and said he…

April 16, 2012

Yukon watershed the size of New Brunswick becomes a flashpoint between environmentalists and miners

The Toronto Star profiles Peel River in the Yukon, a growing sources of contention between miners and environrmentalists

April 16, 2012

Ontario’s manufacturing sector laid low by the oil sands: Mulcair

Canada's Leader of the Opposition, Thomas Mulcair, said the oil sands are devastating manufacturing jobs in Ontario.

April 16, 2012

$1.7 billion in business as a result of Expomin 2012

1,300 exhibitors, 5,000 new products, 35 countries represented, 70,000 visitors and nearly $1.7 billion in future business is the result of ExpoMin 2012, the world mining congress held April 9…

April 16, 2012

‘US$60,000 would not be enough’: mining grads have high salary expectations

Reuters looks at the demand for mining school graduates and profiles some students who get to be picky about who they work for and what they get paid:

April 16, 2012

U.S. Defense Department undervaluing importance of rare earths for national security: report

The U.S. Defense Department needs to realize the dangerous consequences a potential lack of domestic rare earths may have on the U.S. weapon industry, suggests a latest study by the…