February 7, 2012

1.5 million carats on the block at Zimbabwe diamond auction

Up to 1.5 million carats worth of diamonds are being auctioned this week by companies allowed to mine the controversial Marange diamond fields in Zimbabwe.

February 7, 2012

Margaret River coal mine knocked back

A controversial proposal to build a coalmine in the Margaret River wine and tourism region has been rejected by the state government.

February 7, 2012

Hellenic Copper utilising Hitachi fleet in Cyprus

Two large Hitachi excavators are bringing advanced technology to an ancient copper mine in Cyprus. The ZX870LCR-3 and ZX470LCH-3 have been working at the site, which dates back more than…

February 7, 2012

GE offers new AC powered mining excavator solution

GE Energy has announced the introduction of a new alternating current (AC) excavator solution which consists of drives, controls and motors designed specifically for challenging surface mine applications and environments. GE already has…

February 7, 2012

IT management at a time when skill shortages are becoming a big problem

Gavin Halse, Managing Director of South Africa's ApplyIT says the “medium-term outlook for the world's mining sector remains positive. Global demand for resources driven from the emerging economies has over the…

February 7, 2012

Vale employees returning to work at Sudbury operations

Vale said the return to work process has begun at the company's five Sudbury area mines following a temporary suspension stemming from three fatalities at those operations.

February 7, 2012

Sunshine Oilsands Postpones Hong Kong $700 Million IPO-WSJ

Sunshine Oilsands Ltd, a Canadian oil explorer backed by Chinese state-owned enterprises, has delayed the launch of a planned up to $700 million initial public offering in Hong Kong that…

February 7, 2012

Russian Railways to build $1.7 bln coal line in Indonesia – govt

Russia's state railway firm Russian Railways plans to build a train line to transport coal in Indonesia's East Kalimantan province on Borneo island, with $1.7 billion of investment for a…

February 7, 2012

Centerra Gold Kumtor Mine work stoppage

TORONTO, CANADA--(Marketwire - Feb. 6, 2012) - Centerra Gold Inc. (TSX:CG) announced that the unionized employees of its Kumtor operation in the Kyrgyz Republic have begun an illegal strike.

February 7, 2012

Proposed Utah mine expansion reflects the politics of coal

An obstacle to greening L.A.'s energy portfolio is the DWP's contract with a Utah plant, which requires the city to buy coal power until 2027.