November 27, 2011 Draft mining bill provides for royalty sharing in India The Indian government set up a group of ministers to look into the proposed new draft Mines and Minerals (Development and Regulation) Bill, 2011. The cabinet considered the recommendation of…
November 27, 2011 Mokopane iron ore project is a world class asset – Obtala It is reported that Obtala Resources, the natural resources investment and Development Company has confirmed the presence of robust vanadiferous titanomagnetite mineralization averaging between 40 and 50 metres in thickness…
November 27, 2011 Chavez calls in troops to move first of 15,000 gold bars to Caracas central bank Latin American Herald Tribune reports Venezuela's first shipment of 160 – 180 tonnes of gold held abroad was received at Maiquetia International Airport outside Caracas on Friday night. In operation…
November 27, 2011 Diversified no more: internet firm and one-time Warren Buffet darling Level 3 sells coal mine US-based Level 3 Communications, a global optic fibre network operator, this week announced that it has completed the sale of its entire coal mining business for an undisclosed amount to…
November 27, 2011 Chinese investors ‘do not want to become a Potash-like story themselves’ “Chinese companies that are looking to invest in Canada do not want to become a Potash-like story themselves. Face and company reputation are important,” Peter Harder, president of the Canada-China…
November 27, 2011 New study says acid drainage from coal mines ‘devastating’ South Africa’s rivers BusinessLive reports that while acid mine drainage from disused gold mines in the Johannesburg area of South Africa is well documented, according to a new study AMD from nearly 6,000…
November 27, 2011 Rio Tinto, Chinalco finalize exploration joint venture A joint venture between uber-miner Rio Tinto and Chinese partner Chinalco was finalized on Friday. The JV, called CRTX, has been officially registered and cleared to do business in China.…
November 27, 2011 Xstrata, Highlands push back PNG study to end-2012 Miners Xstrata Copper and Highlands Pacific have delayed the completion of the feasibility study for the Frieda River joint venture copper/gold project, in Papua New Guinea, by 11 months. Xstrata…
November 27, 2011 Indochine Mining kicks off drilling near Barrick’s Porgera gold mine in PNG Indochine Mining (ASX: IDC) has commenced the first phase of a drill programme of up to 10,000 metres at its Mt Kare gold/silver project in Papua New Guinea, designed to…
November 27, 2011 China realizes world’s biggest carbon cut – equal to 630 million tonnes of coal China reduced its greenhouse gas emissions by 1.5 billion tonnes between 2006 and 2010, the biggest decrease of any country in the period, according to a new report. The country's…
Iron ore price nears best close since November on year-end metal rally The steelmaking ingredient advanced for a third straight session in Singapore, climbing nearly 1.8% to as much as $106.55 a ton in intraday trading. December 29, 2025 | 07:51 am
