23/07/2010
Zijin's spill woes deepen
The waste leakage from Zijin Mining Group’s largest copper plant into the Ting River appears to have worsened Full story...Interim settlement for Kumba, ArcelorMittal
Kumba Iron Ore Ltd and ArcelorMittal South Africa Ltd have come to an interim pricing agreement immediately prior to a scheduled meeting with South Africa’s Department of Trade and Industry (DTI) over the bitter dispute between the miner and steel producer Full story...Drummond considers Colombian partner
Drummond Co is considering taking on a partner as it plans to nearly double coal production out of Colombia over the next three years Full story...Kazakhgold: 'vigorous' defence by Assaubayev family
The Assaubayev family has said there is “no foundation” behind the legal action being taken by Kazakhgold Group Ltd and other entities controlled by OAO Polyus Gold against five former directors Full story...Underground fire kills 28 in China
The owner of a coal mine in northwest China’s Shaanxi Province, where 28 miners died last weekend, was detained by police this week Full story...Asbestos market still active in developing world
The mining of asbestos and its use in developing countries continues apace, despite being banned, or restricted, in 52 countries over health concerns Full story...Nationalisation on ruling party agenda
A call from the ANC Youth League to have South Africa’s mines nationalised will be discussed at the ruling party’s policy conference in September Full story...
Production and Markets
Zijin's spill woes deepen
The waste leakage from Zijin Mining Group’s largest copper plant into the Ting River appears to have worsened Full story...
Interim settlement for Kumba, ArcelorMittal
Kumba Iron Ore Ltd and ArcelorMittal South Africa Ltd have come to an interim pricing agreement immediately prior to a scheduled meeting with South Africa’s Department of Trade and Industry (DTI) over the bitter dispute between the miner and steel producer Full story...Massey accused of tampering with safety equipment
Massey Energy Co, owners of the Upper Big Branch coal mine in West Virginia, where 29 miners died in an explosion earlier this year, is facing new allegations of tampering with safety equipment Full story...Iluka sales higher
Iluka Resources Ltd said sales of zircon in the first half of 2010 recovered from the “historic” low levels caused by the global financial crisis in the first half of 2009 Full story...Drummond considers Colombian partner
Drummond Co is considering taking on a partner as it plans to nearly double coal production out of Colombia over the next three years Full story...Kazakhgold: 'vigorous' defence by Assaubayev family
The Assaubayev family has said there is “no foundation” behind the legal action being taken by Kazakhgold Group Ltd and other entities controlled by OAO Polyus Gold against five former directors Full story...Underground fire kills 28 in China
The owner of a coal mine in northwest China’s Shaanxi Province, where 28 miners died last weekend, was detained by police this week Full story...No Crown Land Mining
New Zealand’s government has pulled a proposal to free up tracts of conservation land for mining Full story...Asbestos market still active in developing world
The mining of asbestos and its use in developing countries continues apace, despite being banned, or restricted, in 52 countries over health concerns Full story...Nationalisation on ruling party agenda
A call from the ANC Youth League to have South Africa’s mines nationalised will be discussed at the ruling party’s policy conference in September Full story...RSA: safety review for North West miners
There was confusion among miners in South Africa’s North West province recently after a directive was issued by the local inspector of mines to change bord-and-pillar mining methods due to safety concerns Full story...Exploration & Development
Washpool feasibility confirms economic plan
An interim feasibility study by a subsidiary of Aquila Resources Ltd has found that mining the Washpool coking-coal deposit in Queensland’s Bowen Basin is both technically and economically viable Full story...
Marampa infrastructure terms agreed
Cape Lambert Resources Ltd and African Minerals Ltd have agreed a binding term sheet regarding rail and port infrastructure for Cape Lambert’s Marampa iron-ore project in Sierra Leone Full story...Constrained OJVG study outlines positive plan
A feasibility study for development of combined open-pit and underground mines in Senegal was time-constrained, according to joint-venture partner Oromin Explorations Ltd, but has nevertheless designed an economic operation Full story...Sandfire raises DeGrussa estimate
An independent resource estimate for Sandfire Resources NL’s DeGrussa copper-gold project in Western Australia has increased contained copper by 43%, according to the company Full story...Thunder Bay results
Magma Metals Ltd has tested electromagnetic geohpysical anomalies at its Thunder Bay platinum group metals project in Ontario, intersecting high-grade mineralisation Full story...Guinea Alumina signs infrastructure deals
The Guinea Alumina joint venture between Global Alumina (33.3%), BHP Billiton (33.3%), Dubai Aluminium Co (25%) and Mubadala Development Co (8.3%), has signed port and infrastructure deals with the Republic of Guinea Full story...Cannon hits
Southern Gold Ltd has intersected gold mineralisation from surface to more than 150m depth at its Cannon gold prospect, part of its Bulong South property in Western Australia Full story...Mt Marion goes ahead
Mineral Resources Ltd has decided to begin building the Mt Marion lithium project in Western Australia, in a joint venture with Reed Resources Ltd Full story...Dornod cancellation invalid
A court in Mongolia has ruled that action by the country’s nuclear agency purporting to cancel one of two licences related to Khan Resources Inc’s Dornod uranium project was invalid and illegal Full story...Greystar's new Angostura estimate
A resource estimate for Greystar Resources Ltd’s Angostura gold-silver project in Colombia has outlined underground resources for the first time Full story...Three Bluffs extension
North Country Gold Corp has received results from drilling at the Three Bluffs gold property in Canada’s Nunavut Territory that it believes have extended a near-surface high-grade hinge structure Full story...Passabem intercepts
Centaurus Metals Ltd's final two holes at its Passabem iron-ore property near Itabira in Minas Gerais, Brazil, have confirmed the continuity of mineralisation over the entire 5km mapped strike length of the iron-rich formation Full story...Mbalam approval
The Cameroon government has granted environmental approval for Sundance Resources Ltd’s Mbalam iron-ore project Full story...Mariana assays
Andean Resources Ltd has received the highest-grade results so far from drilling at its Cerro Negro gold-silver project in Santa Cruz, Argentina Full story...Randgold accelerates Kibali
The Kibali gold project in the Democratic Republic of the Congo (DRC) could begin construction in mid-2011, six months ahead of schedule, according to Mark Bristow, chief executive of joint-owner Randgold Resources Ltd Full story...Tropicana results
The partners in the Tropicana gold joint venture in Western Australia have received further drilling results from infill holes at the Boston Shaker (BS and TF) and Havana Deeps (HD and TP) deposits Full story...Surprise Tanami assays
Tanami Gold NL has intersected strong gold mineralisation during sterilisation drilling at its Central Tanami property in Australia’s Northern Territory Full story...Ojolali intercepts
Finders Resources Ltd has intersected high-grade mineralisation during infill drilling at the Jambi prospect at the Ojolali property in Sumatra, Indonesia Full story...Long Yandera hit
The first vertical diamond-drill hole at the Imbruminda zone at Marengo Mining Ltd’s Yandera porphyry copper-molybdenum-gold project in Papua New Guinea has confirmed extensions to the known mineralisation Full story...Finance
Strings to EU coal aid
Financial aid for coal mines in the European Union is to be restricted from January under rules proposed by Brussels Full story...
Australian election to decide fate of mining tax
The upcoming Australian general election, called last weekend by Prime Minister Julia Gillard for August 21, is expected to determine whether the country’s mining companies will pay larger taxes Full story...Dampier opens IPO
Australian company Dampier Gold Ltd said it would raise up to A$20 million (US$17.4 million) in its initial public offering. The company is offering 40 million shares at A$0.50 each Full story...Ivanhoe secures lenders
Ivanhoe Mines Ltd has appointed BNP Paribas, Standard Chartered and Export Development Canada to the core lender group of financial institutions that will lead the arrangement of a project finance debt package for the Oyu Tolgoi copper-gold project in Mongolia Full story...Paladin looks at NGM bid
Uranium miner Paladin Energy Ltd has confirmed that it will make a A$27 million (US$24 million) takeover offer for Niger-explorer NGM Resources Ltd after previously saying it was undertaking due diligence on the company Full story...Andean financing
Andrean Resources Ltd has secured financing of over C$234 million (US$223 million) for its wholly-owned Cerro Negro gold-silver project in southern Argentina Full story...ATAC to raise C$20m
Canadian gold miner ATAC Resources Ltd plans to raise up to C$20 million (US$19 million) through private placement Full story...BHPB “cautious” on economy
BHP Billiton this week reported record production figures for 2010 in several areas, but is cautious on the short-term outlook for the global economy Full story...Altura seeks raising
ASX-listed Altura Mining Ltd plans to raise almost A$17 million (US$14.9 million) through a rights issue of 130 million new shares and attached options Full story...Results reflect higher diamond prices
Gem Diamonds Ltd and Petra Diamonds Ltd both reported trading updates in the week, highlighting strong per-carat selling prices in the six months to end-June Full story...Norton swaps hedge for debt
Norton Gold Fields Ltd this week settled litigation with Lehman Brothers Commercial Corp by swapping its 280,000oz hedge position for an upfront payment and loan Full story...Firestone joins Lesotho diamond developments
Firestone Diamonds plc has bid to become the latest developer in Lesotho’s diamond-mining industry after announcing an all-share offer for Kopane Diamond Developments plc, owner of the Liqhobong kimberlite project Full story...Highland buys Belaya rights
Russian gold miner Highland Gold Mining Ltd has purchased, through an open auction, the Belaya Gora Flanks (BGF) licence which surrounds the company’s Belaya Gora deposit Full story...Chromex approach
Chromex Mining plc has received a preliminary approach that “may or may not” lead to an offer for the company at £0.35/share Full story...Fifth Column
Big backers
Shareholder activism has gone much further than usual as far as Triple Plate Junction plc is concerned. In this week's Fifth Column, Ken Gooding notes that, to start with, shareholders voted against a proposal by most of the directors that TPJ be de-listed from London’s Alternative Investment Market. After that it was obvious those directors who had put forward the proposal, including founders, Australian entrepreneur Ian Gowrie-Smith, the chairman, and David Lees, an executive director, would have to go. And go they did. So the board had to be rebuilt. Full story...Reports
Streamlining permits
An amendment to the mining law is intended to make mining more efficient Full story...
Australian miners stand firm
Gold, iron ore and coal remain the leading commodities in Australia, with bulk commodities being of particular interest Full story...People and Appointments
Burston appointed
Ian Burston has been hired by ASX-listed Emergent Resources Ltd as a specialist operations consultant to the board of directors Full story...Lonmin hires director
Cyril Ramaphosa has been appointed by Lonmin plc as a non-executive director Full story...Sundance adds director
Fiona Harris has joined Sundance Resources Ltd as the Australian firm continues to rebuild its board following last month’s plane crash in Africa that killed all six directors Full story...Panthera elevates Carlson
Panthera Exploration Inc has appointed Gerald Carlson, a director of the company, to the role of interim president and chief executive officer Full story...Hana appoints Kong
David Kong has joined Canada’s Hana Mining Ltd as a director Full story...Journal Team Diary
Heat strain hat
Rio Tinto and the University of Nottingham have developed a wearable sensor array for the monitoring of heat strain that can be mounted in a standard safety hard hat Full story...Site Search
Log inIssue: 23/07/2010
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
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