18/09/09
Two of AIM’s largest companies identified as ENRC’s targets
Eurasian Natural Resources Corp plc this week confirmed that it has targetted the potential acquisition of Central African Mining Company plc and African Minerals Ltd Full story...Trade unions tell Vale to stay out of Africa
The International Federation of Chemical, Energy, Mine and General Workers’ Union (ICEM) has told Brazil-based Vale SA to “stay out of Africa” unless it improves its labour practices. Full story...Construction suspended at Kolwezi
First Quantum Minerals Ltd has halted construction at its disputed Kolwezi project in the Democratic Republic of Congo (DRC) following an order to seal the facilities by the Katanga province’s General Prosecutor Full story...Shanghai opens its doors
The Shanghai stock exchange is finalising regulations to open the bourse to foreign companies for the first time in its 20-year history. Full story...Guinea court says Rusal purchase invalid
A court in Guinea has given the government free reign to sell the Friguia aluminium refinery after cancelling UC Rusal’s purchase agreement. Full story...
Production and Markets
Trade unions tell Vale to stay out of Africa
The International Federation of Chemical, Energy, Mine and General Workers’ Union (ICEM) has told Brazil-based Vale SA to “stay out of Africa” unless it improves its labour practices. Full story...
Diamond mines to restart as market recovers
Rio Tinto has confirmed that it will cancel the proposed winter shutdown at its Diavik diamond mine in Canada’s Northwest Territory. Full story...Chelopech permit
The Bulgarian government has issued an Integrated Pollution Prevention and Control permit to build a metal-processing facility at Dundee Precious Metals Inc’s Chelopech mine Full story...Gold production growth: "a blip"
Metals consultancy GFMS says the growth in global gold mine production in 2009 should not be seen as a new growth trend following a decade of underlying decline. Full story...Mwana AGM
Mwana Africa plc announced that the first phase of its refurbishment project of the Freda Rebecca mine in Zimbabwe has been completed and that the mine remains on track to start commercial production before the end of this month Full story...Guinea court says Rusal purchase invalid
A court in Guinea has given the government free reign to sell the Friguia aluminium refinery after cancelling UC Rusal’s purchase agreement. Full story...Exxaro withdraws from Sasol Mining venture
Exxaro Resources Ltd says it has withdrawn from a R1.4 billion (US$190 million) export coal venture with Sasol Mining, announced several years ago. Full story...BHP Billiton ups Olympic Dam reserves
BHP Billiton has upped the proven and probable reserves at its Olympic Dam deposit by 25%, increasing the current reserve life to over half a century from 43 years previously. Full story...More mountaintop mining permits on hold
The US Environmental Protection Agency (EPA) is continuing with moves to reverse rules on mountaintop mining after recently announcing that it has identified 79 proposed coal-mining projects for more in-depth review. Full story...Rio Tinto image clarification
Last week Mining Journal published the wrong image from Rio Tinto in the article ‘Rio exports three billionth tonne as China talks fail’ Full story...Exploration & Development
Construction suspended at Kolwezi
First Quantum Minerals Ltd has halted construction at its disputed Kolwezi project in the Democratic Republic of Congo (DRC) following an order to seal the facilities by the Katanga province’s General Prosecutor Full story...
Tiger abandons legal case in DRC
Perth-based Tiger Resources Ltd won’t pursue legal claims in the Democratic Republic of the Congo, after being advised it was unlikely to win a case in the country's court system Full story...SKM consolidates iron-ore capabilities
Sinclair Knight Merz (SKM) has consolidated its iron-ore expertise by appointing Paul Reed to manage business development and the global iron-ore department Full story...Kisladag results
Eldorado Gold Corp has announced results from its latest 13 diamond-drill hole programme at the Kisladag project in Turkey Full story...Increible approval
Rusoro Mining Ltd has received an exploitation permit from Venezuela’s Ministry of Basic Industry and Mines to mine at the Increible 6 gold deposit in the southeastern state of Bolivar Full story...Nautilus gets approval
Nautilus Minerals Inc has been given an environmental permit for its Solwara 1 copper project by the Department of Environment and Conservation in Papua New Guinea Full story...Increased strike length at Noble
Noble Mineral Resources Ltd says the latest drilling at its Morrison project in Ghana has extended the known strike length of mineralisation by 100m Full story...Etango shaping up
Bannerman Resources Ltd has reported further drilling results at the Oshiveli and Onkelo prospects in the Etango uranium project in Namibia Full story...Latest results from Red Cliff
Decade Resources Ltd says the results of the nine diamond drill holes at the Montrose zone of its Red Cliff project in British Columbia indicate the structure is striking further northwest than thought. Full story...Kisladag gold hits
Eldorado Gold Corp has announced results from its latest 13 diamond-drill hole programme at the Kisladag project in Turkey, which focused on testing the extent of higher-grade gold mineralisation below the current pit design limits and evaluating potential for deep mineralisation in the eastern portion of the deposit Full story...Capstone unveils revised plan for Kutcho
Capstone Mining Corp has announced the release of a new preliminary economic assessment for its Kutcho project in north-western British Columbia Full story...Rail options key to Brockman development
Pilbara iron-ore hopeful Brockman Resources Ltd is investigating rail options as it completes a bankable feasibility study (BFS) for its 17Mt/y Marillana project Full story...Scoping study to investigate Mt Webber iron-ore deposit
Giralia Resources NL will commence a scoping study at its Mt Webber iron-ore project, after outlining an initial inferred resource of 40Mt at an average grade 57.3% Full story...Exeter reports substantial resource increase at Caspiche
Exeter Resource Corp has more than doubled the inferred resource at its Caspiche project in northern Chile. Full story...MAG Silver shows plan for stand-alone project
MAG Silver Corp has announced the release of a scoping study to develop its Juanicipio silver project in Zacatecas State, Mexico, as a stand alone project, although the company stressed the project was likely to be developed as part of its joint-venture partner Fresnillo plc’s regional operation. Full story...Maiden Tulu Kapi resource
Dwyka Resources Ltd has outlined a JORC-compliant inferred gold resource of 690,000oz (cut-off 0.5g/t) at the Tulu Kapi project in Ethiopia, which it acquired during the recent merger with Minerva Resources plc Full story...Sumitomo commits to nickel expansion
Japan's largest nickel producer, Sumitomo Metal Mining Co Ltd, will develop a new US$1.3 billion processing facility in the Philippines. Full story...Red Back ups Tasiast reserves by a third
Red Back Mining Inc has announced a 33% reserve upgrade at its Tasiast deposit in Mauritania. Full story...Feasibility enhancing results at Tengrela
Perseus Mining Ltd says the latest intercepts on the Sissingue prospect at its Tengrela gold project in the Ivory Coast have the potential to “significantly enhance the feasibility study which is currently under way”. Full story...Finance
Two of AIM’s largest companies identified as ENRC’s targets
Eurasian Natural Resources Corp plc this week confirmed that it has targetted the potential acquisition of Central African Mining Company plc and African Minerals Ltd Full story...
Shanghai opens its doors
The Shanghai stock exchange is finalising regulations to open the bourse to foreign companies for the first time in its 20-year history. Full story...Firestone growth plans
Firestone Energy Ltd has raised A$25 million (US$21.4 million) in capital, putting the company in a strong position to develop its Waterberg coal project in South Africa Full story...Vale gets green light for Corumba purchase
Vale SA has announced that the Brazilian National Defence Council has approved its acquisition of the Corumbá iron-ore operations in southwest Brazil from Rio Tinto plc. Full story...UK Coal raises cash to cut debt
UK Coal plc has raised £100 million (US$165 million) to reduce its £190.8 million net debt (as of June 30). Full story...Denver upbeat
A year ago the gold equity markets were hit by the staggering news that Lehman Brothers had collapsed and that Merrill Lynch had been acquired. Full story...Toro raises A$40m
Toro Energy Ltd announced that it is undertaking share placements to raise A$40 million (US$34 million) to fund a bankable feasibility study for the Wiluna uranium project in Western Australia Full story...Newmont raises funds for development and acquisitions
Newmont Mining Corp has offered US$2 billion in senior notes to fund the development of its projects and for potential acquisition purposes Full story...Fifth Column
Kazakh bound
There are two good reasons to turn our attention to Jason Stirbinskis, managing director of Central Asia Resources Ltd (CARL). Full story...Reports
How to buy an AIM company
The economic downturn has had a severe impact on the share price of most AiM companies but it has provided an opportunity for the acquisition of asset-rich but cash-poor mining companies Full story...
Russia meets crisis head on
Russia’s massive mining industry is redeveloping in response to the global financial crisis, with a state-controlled bank acquiring shares in several companies Full story...People and Appointments
Birchmore joins United Minerals board
Alan Birchmore has been appointed non-executive chairman of United Minerals Corp Full story...Titan Uranium chairman appointed
North American exploration and development company Titan Uranium Inc has appointed Don Ching as non-executive chairman Full story...Former Ridge FD joins Mwana
Donald McAlister has been appointed as the finance director of Mwana Africa plc. Full story...Raymond Mullaney joins Redstar board
Raymond Mullaney, founder and president of the Mullaney Trust LLC, a Connecticut-based investment advisory firm, has joined the board of Redstar Gold Corp Full story...Minco appoints CFO and VP Finance
Paul Zhang has been appointed as chief financialofficer and VP finance at Minco Silver Corp. Full story...New non-exec at Medusa Mining
Medusa Mining Ltd has appointed Peter Hepburn-Brown as a non-executive director Full story...Several new appointments at Austral
Austral Gold Ltd has made several new appointmentsto its management team Full story...SKM consolidates iron-ore arm
Sinclair Knight Merz (SKM) has consolidated its iron-ore expertise by appointing Paul Reed to manage business development and the global iron-ore department Full story...Mining veteran to Bloomsbury
London-based commodity consultancy Bloomsbury Minerals Economics Ltd (BME) has appointed Mike Barden as a non-executive director Full story...Former MP to chair industry body
Former Liberal MP Ian Campbell has been appointed to chair the North West Iron Ore Alliance, based in Western Australia. Full story...Site Search
Log inIssue: 18/09/09
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
We need you in Australia or Canada
Mining Journal is looking to employ a full-time member of staff in British Columbia
SEARCH FOR NEWS BY COMPANY
Recently Created or Updated Company News Portals
READ IN-DEPTH REPORTS
SPECIAL FEATURES
RESOURCE NEWS