September 23, 2011

WA Premier won’t extend Oakajee deadline

PERTH (miningweekly.com) - Western Australian Premier Colin Barnett reportedly refused to extend a December 31 deadline for a final decision on the development of the multi-billion-dollar Oakajee port and rail…

September 23, 2011

Coal India to use $9.2 billion cash to pay higher dividends

(Updates with comment from analyst in fifth paragraph.) Sept. 23 (Bloomberg) -- Coal India Ltd., the world’s biggest producer of the fuel, plans to use its $9.2 billion of cash…

September 23, 2011

Gold premium over platinum seen rising to record: commodities

Gold cost 3.1 percent more than platinum in London yesterday, compared with an average discount of 39 percent over the past decade, data compiled by Bloomberg show. The metal may…

September 23, 2011

Copper, Nickel, Tin Slump on European Debt, Global Growth Risk

Sept. 23 (Bloomberg) -- Copper dropped to the lowest in more than a year while nickel and tin plunged as the deepening European debt crisis and threat of a U.S.…

September 23, 2011

Alliance to spend $525M on coal mining

Tulsa-based Alliance Resource Partners LP will spend up to $525 million on an Illinois longwall mining operation, the company announced Thursday.

September 23, 2011

Shares of Canadian Oil Sands Trust Fall…

Canadian Oil Sands Trust (NASDAQ:COSWF) traded today at a new 52-week low of $19.16. This new low was reached on above average trading volume as 460,000 shares traded hands

September 23, 2011

Mongolian ministers assigned to renegotiate foreign mining deal

The Mongolian Cabinet Office would ask Canadian and Australian mining companies to renegotiate the Oyu Tolgoi copper-gold mining agreement, local media reported Thursday. Chimed Khurelbaatar, chief of the Cabinet Office…

September 23, 2011

Gold companies merge into McEwen Mining

Canadian Press reported Thursday on the merger of US Gold Corp. (TSX:UXG) and Minera Andes Inc. (TSX:MAI) to form a new corporate entity called McEwen Mining.

September 23, 2011

Copper, coal: crystal balls for the global economy

Copper, coal and other industrial commodities can be great tools for predicting economic prospects and right now they’re offering a gloomy outlook, but a closer analysis shows a glimmer of…

September 23, 2011

Evolution Mining and Norrliden Mining formed, Agnico-Eagle Mines acquiring Grayd Resource, Petra Diamonds completes acquisition of Finsch diamond mine and so much more news – read on

finsch.jpg International Mining’s fortnightly global project watch is a great way of keeping up to date with your peers - other mining companies, other consultants or other engineering companies. If…