January 13, 2012

Columbus McKinnon increases its focus on the mining industry in South Africa

Columbus McKinnon Corp, a leading designer, manufacturer and marketer of material handling products, has acquired 100% of the shares of privately-held Yale Lifting Solutions located in Magaliesburg, South Africa.

January 13, 2012

Copper hits 2-month high as EU debt fears ebb

Copper rose to its highest level in more than two months on Thursday, boosted by the euro's strength against the dollar and a Spanish bond auction that drew strong demand,…

January 12, 2012

Gindalbie launches skills search for Karara

Metals developer Gindalbie Metals has launched a major new recruitment campaign for fly-in, fly-out workers to staff its A$2.57-billion Karara iron-ore project in Western Australia.

January 12, 2012

Nautilus signs contract for Eastern Pacific exploration tenements

Nautilus Minerals' Tongan wholly owned subsidiary, Tonga Offshore Mining Ltd ("TOML") recently formally signed the agreement with the International Seabed Authority ("ISA") for exploration tenements in the Eastern Pacific granted…

January 12, 2012

Iron ore prices: Vale’s force majeure, cyclone Heidi vs China slowdown

Reuters reports spot iron ore was trading close to seven-week highs after a cyclone closed down the world's largest export terminal in Australia and heavy rains in three Brazilian states…

January 12, 2012

Silver Standard ups silver production from Pirquitas by 12%

Silver Standard Resources (TSE:SSO) Thursday provided an update on operations at its Pirquitas mine in Jujuy, Argentina and announced guidance for 2012.

January 12, 2012

Protest in Mozambique blocks coal train line

AFP reports about 500 protesters blocked a coal train line in Mozambique in a dispute with Vale over housing.

January 12, 2012

Frontier Mining agrees US$29 mln financing for expansion of Benkala copper mine

Frontier Mining (LON:FML) today unveiled a new US$29 million financing arrangement that will help support the development of the Benkala copper mine in Kazakhstan.

January 12, 2012

Exxaro bid puts Republic of Congo on iron-ore map

South Africa’s black-controlled diversified mining company Exxaro Resources is putting the Republic of Congo (RoC) on the map as a new African iron-ore development frontier with its R3-billion (A$338-million) cash…

January 12, 2012

Desperate search for 10,000 mining jobs in WA Goldfields

New analysis of upcoming resource and infrastructure projects in Western Australia indicates a desperate need for workers to fill job vacancies.