April 16, 2012

Lining up the colours: Westridge Resources’ epithermal gold project in Mexico

About 40-minutes’ drive beyond a seaside resort town in Mexico, past tomato, mango and orange farms, Westridge Resources has optioned an 11,000 ha property. The Charay project (pronounced "cha-rye") is…

April 16, 2012

The meek shall inherit the earth, but not its mineral rights: Meet mining’s 40 richest billionaires

MINING.com counts more than 90 billionaires involved in minerals, metals and mining on the planet with a combined wealth of well over $300 billion.

April 15, 2012

Codelco buys in copper to meet deliveries

The world's largest copper miner has been forced to buy from other miners and traders to meet its deliveries to customers, a rare move that underscores how the mining industry…

April 15, 2012

Private equity firm KKR plans to create diamond giant from BHP, Rio units

Private equity firm Kohlberg Kravis Roberts & Co. wants to buy the diamond mining operations of BHP Billiton Ltd. and Rio Tinto PLC and merge them to create a challenger…

April 15, 2012

400,000 tonnes dead weight – Vale’s massive ore carriers suffer new setback

Two of Vale's massive Valemax carriers were in Subic Bay, Philippines for just under a month transferring cargo to smaller ships to carry iron ore onto China, because the 400,000…

April 15, 2012

South Africa’s Transnet coal deliveries gain momentum

Transnet on Monday raised the curtain on its recently announced $37 billion expansion programme, saying it included an ambition to take thermal coal rail capacity to 98Mt per year by…

April 15, 2012

Coal of Queensland shareholders fight over float

Influential shareholders in Coal of Queensland will take court action today as part of a dispute over whether they should be allowed to buy a large part of the company…

April 15, 2012

8% drop in U.S. polished diamond imports

U.S. diamond traders and buyers imported less diamonds in February and increased their exports during the month. At the same time, the focus is shifting to higher value goods.

April 15, 2012

Botswana’s diamond exports soar in February

Botswana's diamond exports surged forward in February for the first time since October 2011. The country's polished and diamond exports of $306.5 million are a 181.2 percent increase over January's…

April 15, 2012

Canada’s Harper tells Americas summit mining has ‘vast power to change the way a nation lives’

Mining contributed $50 billion to the country’s GDP in 2011, he said, and provides “well paying” jobs for more than 300,000 Canadians.