Tag: mining news

Mining News about New R1.7bn mining venture

A new R1.7 billion black-owned mine that will create 500 jobs in a remote corner of the country has to be a good thing.   In the uncertain world of South African mining a new mine that starts ……

Mining News: Xstrata and Vale to Expand Canadian Fraser Mine

Xstrata Nickel and Vale have entered into a partnership agreement to expand Xstrata’s Fraser mine in Ontario, Canada. Xstrata Nickel will mine copper ore from Vale’s ore deposits, which ……

Mining News: Caterpillar Receives EU Approval for Bucyrus Acquisition

Construction equipment manufacturer Caterpillar has received approval from European Union (EU) antitrust regulators to buy Bucyrus International for $8.6bn.   The European Commission said in……

Grizzly starts actively hunting for Alberta potash

Shares in Grizzly Discoveries jumped 36% after the TSX V-listed junior announced it started exploration work at its Alberta potash project.   “We are aggressively pursuing the development of ……

Mining News: Chinese bank provides $500m loan for Moly’s Spinifex Ridge

ASX- and TSX-listed molybdenum producer Moly Mines said on Monday its largest shareholder, Hanlong Mining Investment, had secured a $500-million project finance facility from the China Developmen……

Mining News:Freeport Indonesia workers demand safety guarantee

Hundreds of employees of U.S. mining giant Freeport have demanded guarantees of safety at the world’s largest gold mine in eastern Indonesia after the death of two colleagues.   The wo……

Mining News:Thai PTT completes Australian Straits Resources deal

Thailand’s top energy company, PTT Publich Company Limited (PCL) said on Mar 21 it had completed the acquisition of Australia’s Straits Resources Ltd and would delist the coal miner f……

Mining News: Explosion Disrupts Xstrata’s Norwegian Copper Production

An explosion has disrupted Xstrata’s copper production operations at its copper and nickel plant in Norway. The explosion at a roasting facility in Xtrata’s Kristiansand plant, which ki……

Mining Weekly News: SA mine law may be amended by year-end, online licensing system unveiled

JOHANNESBURG (miningweekly.com) – South African Mineral Resources Minister Susan Shabangu announced on Monday that she hoped that amended minerals and mining legislation will be passed by Pa……

Mining News: Major Indian Firms to Bid for Afghanistan Mine

Major Indian steel firms are planning to bid for Hajigak Mine in Afghanistan, which is estimated to contain 1.8 billion tonnes of iron ore deposits, according to Indian Mines Secretary Vijay Kum……
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