Latest News
Comment from Davos: Severstal, Rusal, Rio Tinto and Anglo-American
Luminaries from the world’s mining industry have been speaking to reporters at the World Economic Forum in Davos, Switzerland, giving their views on mining in the global economy. Full story...
MEG Monitor: Financings kept index steady
Metals Economics Group (MEG) Pipeline Activity Index (PAI) increased in November to reach its highest level since March 2011, thanks to another record month of significant drill results and improved financings, before falling again in December as explorers paused for the holiday season. Full story...
Read more: Minerals and Africa’s Development
The Mining Journal website this week includes a report on Africa's mineral development regimes. The report was published last month by the International Study Group, which was established in 2007 by the UN Economic Commission for Africa. Full story...
Tailings JV for Gold Fields, Gold One
Southern-Africa focused Gold One International Ltd has joined forces with the world’s firth-largest gold producer, Gold Fields Ltd, regarding a potential joint venture to process tailings on the West Rand. Full story...
Detour Gold finds funds for Detour Lake
Detour Gold Corp (DG) has announced the raising of C$240.8 million (US$240.5 million) through a bought deal with a syndicate of underwriters. The company said the funds would be used to develop its Detour Lake gold project. Full story...Atacama continues move into West African metals with Sirocco acquisition, C$60M raising
Atacama Minerals Corp has announced the completions of an acquisition and private placement, gaining 100% ownership of Sirocco Gold Inc and raising C$60 million (US$59.2 million) for the acquisition of new projects in South America and West Africa. Full story...Chile launches US$150M exploration fund
The government of Chile has announced the creation of a US$150 million public-private fund to aid exploration by small- and medium-sized enterprises in the South American state. Full story...Lynas sells US$225m bonds for Mount Weld rare earths refinery
Australia-based Lynas Corp has announced the sale of US$225 million in convertible bonds, aimed at providing funds for the company’s proposed advanced materials plant in Gebeng, Malaysia. Full story...Fatality and strike stop local production for African Rainbow and Impala
A fall of ground accident resulted in the death of a mineworker on Saturday at the Two Rivers platinum mine in South Africa, co-owned by African Rainbow Minerals and Impala Platinum Holdings Ltd. Full story...
Pan American to buy Minefinders
Pan American Silver Corp has announced an agreement to purchase Minefinders Corporation Ltd, which operates the Dolores gold-silver mine in northern Mexico. Full story...
Copper excitement
On Thursday, the copper price on the London Metal Exchange reached a four-month high of over US$8,210/t for three-month delivery. Full story...
De Beers and Glencore: executive changes
De Beers today announced the appointment of a new chief financial officer, while reports indicated that commodities major Glencore International plc will see the first departure from its management committee since the company went public in April 2011. Full story...
Nyrstar to generate 50% of profits from mining by 2016
The world’s largest zinc smelter, Nyrstar NV, is to continue its expansion into mining over the coming year. The company plans to spend a further €2 billion (US$2.5 billion) on mine acquisitions, with a view to generating 50% of its profits from mining by 2016. Full story...Citigold raises A$50 million in Chinese investment for Charters Towers
ASX-listed gold producer Citigold Corp Ltd has announced the raising of A$50 million (US$52.6 million) to fund development at its Charter Towers goldfield. Full story...Rio's record final quarter
Rio Tinto has reported record production results for the three months to end-December. Chief executive Tom Albanese noted that "across the group, production has bounced back from the severe weather conditions experienced in the first half. Full story...Gold: Surveys show short-term optimism
Two surveys of the gold market have revealed an optimistic view of short-term prices, tempered by concerns about the resilience of prices into 2013. Full story...Site Search
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MJ 27/01/12
PROFESSIONAL PLACEMENTS
Geologists- Senior and Junior Positions
Gryphon Minerals is aggressively growing its world class Banfora Gold Project in Burkina Faso, West Africa.
Mining and Metals Opportunities - Hatch
Mining and Metals Opportunities in London and Globally: Senior and junior roles.
Minerals Geoscientist Vacancy - Neftex
Do you want to help develop the world’s most detailed commercially-available 4D Earth Model to support the mining majors?
Opportunities for Senior & Principal Level Consultants - SRK
Professionals needed for central Moscow office.
Senior Hydrogeologist - Schlumberger
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'Sustained' growth for MJ's parent company
The parent company of Mining Journal, Aspermont Ltd, recently announced a 19% increase in revenue from its media business to A$24.98 million (US$25.8 million) for the year to end-June.
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