December 14, 2011

Alberta gas wells shut due to potential bitumen impact

Energy Resources Conservation Board (ERCB) issued a decision today decreeing that 691 natural gas wells in the Athabasca oil sands area must be shut because they present significant risk to…

December 14, 2011

Why Ivanhoe, Rio Tinto are so keen on Mongolia

It has been said that the best place to look for a new mine is next to an existing mine. -- Harris Kupperman, Mining Services Primer, Nov. 10, 2009. If…

December 14, 2011

Mozambique ports grow with Rio Tinto appetite for coal

Roads were little more than rubble and there was barely enough working equipment to load cargo at Maputo port in 2003. Then Mozambique brought in Grindrod Ltd. (GND) and DP…

December 14, 2011

Joy Global Inc. announces fourth quarter and fiscal 2011 year-end operating results

MILWAUKEE--(BUSINESS WIRE)-- Joy Global Inc. (NYSE: JOY), a worldwide leader in high-productivity mining solutions, today reported fourth quarter and full year fiscal 2011 results. Fourth quarter bookings increased 33 percent…

December 14, 2011

Is gold’s bull market over?

Early Wednesday, the euro dropped to under $1.30, its lowest level since January. The decline came after Italy paid a euro era record yield of 6.47% to sell five-year notes.…

December 14, 2011

Antofagasta approves US$1.3 bn Antucoya copper project

Antofagasta PLC (ANTO.LN) announced that its board of directors has approved the development of the US$1.3 billion Antucoya copper project in the north of Chile.

December 14, 2011

Coal demand to grow by 600,000 tonnes a day over the next five years, says IEA

Global demand and prices for coal will continue to expand aggressively over the next five years despite public calls for reducing reliance on the high-carbon fuel as a primary energy…

December 14, 2011

‘Don’t turn our cattle into cats,’ Malaysians tell Australia’s Lynas Corporation

Cows shrinking to the point they turn into cats and villagers wrapped in do-it-yourself anti-radiation suits are only some of the effects of allowingAustralia's Lynas Corporation to open a rare…

December 14, 2011

Terranova Scoping Study – NEW AGE EXPLORATION LIMITED

New Age Exploration announced the completion of the Terranova hard coking coal mine mechanisation project scoping study,

December 14, 2011

Kings Valley project Pre-feasibility Study results – WESTERN LITHIUM USA CORPORATION

Western Lithium USA Corporation announced the completion of a positive Pre-feasibility Study for its wholly-owned Kings Valley Lithium Project in Nevada, USA.