November 18, 2011

Antofagasta/Barrick JV says Pakistan rejection breached rules

The Antofagasta/Barrick Gold JV says the Baluchistan province's rejection of its Reko Diq mining lease application breached local rules and Pakistani law. Tethyan Copper, a joint venture between Chile's Antofagasta…

November 18, 2011

Britons sell gold for cash, boost Albemarle and Bond earnings

UK-based pawnbroker says it traded well in the four months to end-October as hard-up Britons sold their gold for cash. Pawnbroker Albemarle & Bond said it had traded well in…

November 18, 2011

Silver attempts comeback after Thursday’s rout despite margin hike

Marketwatch reports China’s leading market for precious metals trading increased its silver margin requirements Friday to a fresh high amid heightened volatility in precious metals. The Shanghai Gold Exchange lifted…

November 18, 2011

First blast at AuRico’s 200,000 oz a year Young-Davidson

Aurico announced on Friday open pit pre-production development has commenced at its Young-Davidson project after the company completed the first open pit blast on Thursday. Commissioning of the Young-Davidson mine…

November 18, 2011

China gains rights to explore 10,000 square km international seabed sulphide ore deposit

China has gained the right to explore a polymetallic sulphide ore deposit located in the southwest Indian Ocean over the next 15 years.

November 18, 2011

Minmetals extends Golden Grove’s mine life to 2019

The company plans to exploit an open pit deposit above its Golden Grove underground copper mine in Australia to extend the life of the operation by two more years. An…

November 18, 2011

Western Areas starts new nickel mine ahead of schedule

Western Areas' Spotted Quoll underground mine in Australia delivered its first nickel ore on Friday, two months ahead of schedule. Western Areas, Australia's third-largest nickel producer, said on Friday a…

November 18, 2011

Shanghai Gold Exchange to raise silver forward margins

If silver forward contracts hit limit up or down on settlement on Friday, the Chinese exchange said it will lift daily trade limits on silver forward contracts to 15%. The…

November 18, 2011

Plan for coal mine expansion near Bryce Canyon drives 21,000-name petition

A major expansion to an existing coal mining operation near historic Bryce Canyon National Park is getting a frosty reception in tourism-friendly Utah, reports Steel Guru. Alton Coal Development LLC…

November 18, 2011

Expansion at Cerro Verde, BHP to develop Orebody 24, Stornoway Diamond completes Renard feasibility study, Kazakhmys developing Bozshakol copper project, Oracle Coalfields making progress in Pakistan and much, much more…….

The latest issue of International Mining Project News, out today, has reports on 23 Prefeasibility Studies, 17 Feasibility studies, 38 projects in development, four new mines that have gone into…