November 9, 2011

Iron ore transport deal between Grängesberg Iron and the Swedish Transport Administration

Mining company Grängesberg Iron AB and the Swedish Transport Administration have signed a co-operation agreement on investigations regarding future ore train traffic between the iron ore mine in Grängesberg and…

November 9, 2011

India’s BEML exhibits mining offering in China for the first time

Homegrown Indian mining equipment manufacturer, Bharat Earth Movers Ltd (BEML) exhibited in China for the first time at the recent 13th China Mining Congress & Expo in Tianjin. BEML was…

November 9, 2011

SX/EW mixer settlers; liner lessons learned

Ian Peggs, President, I-CORP INTERNATIONAL, writes in the November issue of International Mining that for cost reasons there has been a move away from stainless steel mixer/settlers to lower cost…

November 9, 2011

Prodigy Gold testing confirms SAG milling option for Magino

Mining junior Prodigy Gold has announced the results of SAG Design test work and SAG Design comminution analysis preformed by Starkey and Associates on representative samples of gold mineralised rock…

November 8, 2011

Vale on iron ore price: after hitting 2-year low, the only way is up

Bloomberg reports Rio de Janeiro-based Vale SA, the world’s largest iron-ore producer, said prices for the raw material have stabilized and are recovering from “rock bottom” levels as a result…

November 8, 2011

Silvercorp emerges from short and distort saga awash with cash

Silvercorp Metals on Tuesday reported revenue of $62.1 million for its second quarter, up 71% from the same period last year. Cash flow from operations hit a record $35.2 million,…

November 8, 2011

With $3.1 billion in fresh funding, Peabody moves operations HQ to Australia

Platts reports that the global operations headquarters of US giant Peabody Energy will be relocated to Brisbane following the acquisition of Australia's Macarthur. Peabody raised $3.1 billion with the sale…

November 8, 2011

St. Augustine Gold and Copper to raise $10-$12 million for King-king

SPOKANE, WASHINGTON--(Marketwire - Nov. 8, 2011) - St. Augustine Gold and Copper Limited (TSX:SAU) ("St. Augustine" or the "Company") announces a non-brokered private placement offering for gross proceeds of CDN$10,000,000…

November 8, 2011

United Silver cans $6 million offering, says markets too volatile

United Silver Corp. ("USC" or the "Company") (TSX:USC)(OTCQX:USCZF) announced today that the Company has decided that it will not be proceeding with its "marketed" offering of units of the Company,…

November 8, 2011

Planet’s largest clean coal project could be going up in smoke

The Guardian reports Scottish ministers are expected to order a public inquiry into plans to build the UK's only new coal-fired power station with carbon capture and storage (CCS) technology…