April 3, 2012

Barrick installs three Weba transfer chutes at Chimiwungo

Following an order placed by Bateman Engineered Technology (BET) in 2011, bulk materials handling company Weba Chute Systems has delivered three transfer chutes to Barrick's Chimiwungo Development Project (Chimiwungo is…

April 3, 2012

‘Invisible’ nanominerals uncovered – clues to the formation of rich gold deposits

A new book which explores naturally occurring nanomaterials also sheds light on ‘invisible' gold particles and nanoparticles of iron oxides. Nature's Nanostructures edited by CSIRO scientists Dr Amanda Barnard and…

April 2, 2012

Mali is quickly turning very ugly: Separatists, Islamists seize Timbuktu

Tuareg rebels aided by Islamists ransacked bars, banned Western-style dress and music and called for the imposition of Sharia law.

April 2, 2012

Fortescue chief sees iron ore price down 25% from current levels. Says it’s a ‘good thing’

Fortescue chief executive Neville Power also told The Australian newspaper that Chinese steel production growth will be lower over the next five years at about 4% – 5%, from 7%…

April 2, 2012

Rare 12-carat round pink diamond could fetch $10 million at auction

It is one of only two known round pink diamonds of significant size in the world, the auction house said.

April 2, 2012

Canada’s oil sands to more than double its workforce over the next decade: Report

The Canadian oil sands will need to more than double its workforce over the next decade, as expansion projects create new positions and existing workers retire, says the Petroleum Human…

April 2, 2012

Prophecy up 4.8% after Southgobi deal puts Mongolian coal back in focus

Prophecy has more than 1.4 billion tonnes of surface minable coal resources at its flagship Chandgana project and is already producing at Ulaan Ovoo in Mongolia.

April 2, 2012

‘Sense of duty’ prevented another Fukushima nuclear disaster

The Mainichi Daily News profiles Yanosuke Hirai, a technocrat in Japan, whose doggedness and sense of personal duty, compelled him to build a breakwater high enough to deflect the March…

April 2, 2012

Gold One buys First Uranium’s Elzuwini Mining Company for US$70M

First Uranium (TSX:FIU) announced Monday it has sold its South African-based Elzuwini Mining Co. to Gold One International for US$70 million, transaction that should be completed by June 29.

April 2, 2012

Australia to lure more U.S. construction workers to mining projects by reforming licensing rules

Australia is hoping to lure more American plumbers, electricians and construction workers to be employed on Outback projects in the burgeoning mining and gas industries by changing how their skills…