28/08/09
Eldorado Sino combination will create US$5.9bn gold producer
Eldorado Gold Corp and Sino Gold Mining Ltd have agreed a merger which, if successful, will create a C$6.4 billion (US$5.9 billion) gold producer capable of producing 1Moz/y by 2013. Full story...Battle for the board at Chariot Resources
Two directors on the board of Lundin Mining Corp, an 18% shareholder in Chariot Resources Ltd, have issued a proxy circular proposing the election of a new slate of directors for Chariot. Full story...Anglo American leading way in HIV testing
Anglo American plc admits that barely half of its HIV-positive southern African workforce is participating in its disease-management programmes. Full story...Government offers Alrosa US$1 billion helping hand
The Russian government has pledged to help state-owned diamond miner Alrosa Co Ltd to weather the economic storm with a US$1 billion financial injection Full story...Lead price rises on China smelter closures
Lead prices have risen to their highest level in a year amid concerns that Chinese domestic output will continue to fall as the country closes dangerous smelters Full story...WDC joins call to ban Zimbabwe diamonds
The World Diamond Council (WDC) has joined calls from non-government organisations for the Kimberley Process to take “decisive action” on army-run diamond mining in Zimbabwe. Full story...Mongolia approves laws for Oyu Tolgoi development
The Mongolian parliament has approved amendments to laws clearing the way for Rio Tinto and Ivanhoe Mines Ltd to develop the large Oyu Tolgoi copper-gold project in the country’s South Gobi region. Full story...
Production and Markets
Government raises concerns about Olympic Dam expansion
BHP Billiton has been told by the South Australian government to address a range of concerns about the expansion of its Olympic Dam uranium mine at Roxby Downs, before it will give its approval Full story...
Anglo American leading way in HIV testing
Anglo American plc admits that barely half of its HIV-positive southern African workforce is participating in its disease-management programmes. Full story...Strikes continue as platinum price falls
Strikes continue to rock South Africa’s platinum mines, despite an agreement over wage negotiations being signed by companies and trade unions. Full story...Government offers Alrosa US$1 billion helping hand
The Russian government has pledged to help state-owned diamond miner Alrosa Co Ltd to weather the economic storm with a US$1 billion financial injection Full story...Lead price rises on China smelter closures
Lead prices have risen to their highest level in a year amid concerns that Chinese domestic output will continue to fall as the country closes dangerous smelters Full story...Potential job cuts at DRDGold’s Blyvoor
DRDGold Ltd, has announced its intention to ‘right size’ its Blyvoor operations, and will proceed with a 60-day facilitated consultation process at the mine. Full story...Strike at Implats’ Rustenburg operations
Impala Platinum Holdings Ltd confirmed on Tuesday that most of its underground workers had gone on strike despite a suspension of the union’s strike notice over the weekend. Full story...China, Ukraine hit by mine tragedies
Explosions at coal mines in China and Ukraine this week, resulted in the loss of 14 and eight lives, respectively Full story...Job losses expected at Mt Keith
BHP Billiton has announced that 70 job losses are likely at its Mt Keith nickel operation in Western Australia. Full story...WDC joins call to ban Zimbabwe diamonds
The World Diamond Council (WDC) has joined calls from non-government organisations for the Kimberley Process to take “decisive action” on army-run diamond mining in Zimbabwe. Full story...Ballarat hits profit
A record underlying profit for Lihir Gold Ltd has been undermined by write-downs from its Ballarat gold assets, with the company reporting a US$300.9 million ($A360 million) loss for the first half of 2009, down from its profit of $36.5 million in the same period of 2008 Full story...Rio Tinto: Sea change in China
The recent detention and arrest of four employees of the British-Australian mining and resources company Rio Tinto by Chinese authorities has raised serious concern for multi-national companies with investments in China. Full story...Letter from Teck
Dear Sir, We read with interest the article in the Mining Journal of August 7, entitled ‘Full production restored at Trail’, and want to correct some mis-statements regarding downstream issues. Full story...Iron ore rollercoaster
The iron-ore spot price has been on a of a rollercoaster during the past month (see chart), rising to a peak of almost US$106/t in mid-August before plummeting again, according to figures from the Steel Index. Full story...Exploration & Development
Reserves defined for Central Rand
Central Rand Gold Ltd, which holds licences over a resource estimated to contain 35.6Moz of gold in historical mines in Johannesburg, has received confirmation that a small portion of the material is economic to extract, according to Snowden Mining Industry Consultants. Full story...
Aurora scope grows for Guyana Goldfields
Guyana Goldfields Ltd has received the key findings from the first phase of a feasibility study for development of its Aurora gold project in Guyana which outlined a more costly, but longer-life operation than previously. Full story...Settlement reached on Sierra Leone iron ore projects
A recent meeting at the Sierra Leone embassy in London finally saw settlement of a dispute that has lasted several years between two of Sierra Leone’s iron-ore companies. Full story...Glencore-Trevali Santander development confirmed
Partners Glencore International AG and Trevali Resources Corp have agreed on development of the Santander silver-lead-zinc project in Peru. The partners confirmed this week the deal that was outlined in a memorandum of understanding earlier this year Full story...More from Mt Webber
Further results from the first holes at the Mt Webber prospect, part of the Daltons iron-ore joint venture in Western Australia's Pilbara region, indicate the highest-grade mineralisation intersected so far, according to 25%-owner Haoma Mining NL. Full story...East Kutai resource confidence rises
Churchill Mining plc’s independent consultant has raised overall resources at the company’s 75%-owned East Kutai sub-bituminous coal deposit in East Kalimantan to about 2,500Mt, including 1,300Mt in measured and indicated categories Full story...Nullagine confirmed
Partners BC Iron Ltd and Fortescue Metals Group Ltd have formally created the Nullagine joint venture, outlined earlier this year, to develop iron-ore resources at the Nullagine property, held by BC Iron, using infrastructure from Fortescue. Full story...Mt Morgans assays
Range River Gold Ltd, planning a revival of gold-mining at the historical Mt Morgans project near Laverton in Western Australia, has received assay results from initial infill drilling. Full story...Mt Isa U assays
Chemical assay results from Deep Yellow Ltd’s drilling programmes targeting uranium mineralisation at its Mt Isa property in Queensland have confirmed intersections made in 2007/08. Full story...Teck steps back from Stratex projects
Teck Ltd has sold out of a gold-exploration alliance with Stratex International plc in Turkey, relinquishing earn-in rights back to Stratex. Full story...Mongolia approves laws for Oyu Tolgoi development
The Mongolian parliament has approved amendments to laws clearing the way for Rio Tinto and Ivanhoe Mines Ltd to develop the large Oyu Tolgoi copper-gold project in the country’s South Gobi region. Full story...Trends in minerals exploration
If it is truly ‘cucumber time’ (Editorial, August 7), then may I perhaps ask some questions about exploration spending? Full story...High-grade Merlin hits
Ivanhoe Mines Ltd’s Australian arm has intersected further high-grade molybdenum-rhenium mineralisation at its Merlin property in Queensland. Full story...Redbank intercepts
Reverse-circulation drilling at Redbank Copper Ltd’s namesake property in Australia’s Northern Territory has intersected what the company described as “exceptional intersections” in the Punchbowl deposit. Full story...Damoti Lake results
Merc International Minerals Inc has received initial assay results from drilling at its Damoti Lake gold property in Canada’s Northwest Territories. Full story...Colosa permission
Colombia’s Ministry of Mines and Energy has approved a resolution to allow AngloGold Ashanti Ltd to resume a “limited and restricted exploration programme”, according to the company’s country manager, Rafael Herz. Full story...Star prefeasibility sets out 20Mct mine
The Star kimberlite in Saskatchewan could support an open-pit diamond-mining operation capable of producing 20Mct, according to a prefeasibility study for majority-owner Shore Gold Inc. Full story...Lignum Dam intercepts
Initial reverse-circulation drilling at Pioneer Resources Ltd's Lignum Dam gold property in Western Australia has returned "strong mineralisation", according to the company. Full story...Finance
Eldorado Sino combination will create US$5.9bn gold producer
Eldorado Gold Corp and Sino Gold Mining Ltd have agreed a merger which, if successful, will create a C$6.4 billion (US$5.9 billion) gold producer capable of producing 1Moz/y by 2013. Full story...
Creat to fund Galaxy lithium development
Galaxy Resources Ltd has received backing for development of its lithium project, which includes the Mt Cattlin spodumene project in Western Australia and a lithium carbonate plant in China Full story...Battle for the board at Chariot Resources
Two directors on the board of Lundin Mining Corp, an 18% shareholder in Chariot Resources Ltd, have issued a proxy circular proposing the election of a new slate of directors for Chariot. Full story...Rio coal sale
The US$761 million sale of Rio Tinto’s Jacobs Ranch coal mine to Arch Coal Inc has been approved by the US Federal Trade Commission Full story...Forsys assesses Valencia options after GFI departure
Namibian uranium hopeful Forsys Metals Corp has scrapped a takeover deal with George Forrest International Afrique SPRL (GFI), claiming that GFI failed to honour the deal. Full story...Cameco bought-deal financing
Uranium producer Cameco Corp will sell C$500 million (US$455 million) of unsecured debentures to a syndicate of underwriters, to bolster its balance sheet Full story...Aurora wins bid for Pamodzi Orkney assets
The joint provisional liquidators of Pamodzi Gold Orkney have announced Aurora Empowerment Systems as the preferred bidder for the assets. Full story...New resources listing in Johannesburg
Sephaku Holdings Ltd has listed on the JSE in Johannesburg complying with an undertaking to its existing shareholders that it would list during the second half of 2009. Full story...Extra Frontier funds
AIM-listed gold and copper explorer, Frontier Mining Ltd (FML), has entered into a £5 million (U$8.1 million) credit agreement with Yorkville Advisors LLC Full story...Funds for Rossing South
Uranium hopeful Extract Resources Ltd plans to raise A$91 million (US$76 million) progress its Rossing South uranium project in Namibia Full story...Lady Annie IPO
Cape Lambert Iron Ore Ltd’s planned initial public offering of its Lady Annie copper project in Queensland is expected to be the largest mining float on the Australian Securities Exchange in 2009 Full story...Fifth Column
Russian tank
Alexei Mordashov, the Russian billionaire who controls the OAO Severstal steel group, seems to be testing the market to see if he can raise some money by separately listing the gold-mining business he has built up since 2007. Full story...Reports
Uranium: Centre of attention
Uranium production capacity is gradually being expanded, but world production grew only slowly during 2008, following the trend of recent years, rising 6% to 43,853tU. Although the annual production level has risen by about a quarter since 2002, this is a relatively subdued response to the substantial price increase over the same period. Full story...
Europe revises raw-materials policy
After new policies in Japan, the US and China, Europe is looking at its raw materials supply Full story...People and Appointments
Nel leaves Namakwa Diamonds
Jean Nel has resigned as director of strategy and business development at Namakwa Diamonds Ltd. His position on the board will not be filled. Full story...Hill joins Gold Fields
Alan Hill has joined the board of Gold Fields Ltd as an independent non-executive director Full story...New chairman at Angel
Frank Chapman has been announced as the new non-executive chairman of Angel Mining plc (formerly Angus & Ross plc) Full story...Barrick VP joins Noront board
Alex Davidson, the current executive vice president of exploration and corporate development at Barrick Gold Corp, has joined the board of Noront Resources Ltd Full story...Former Credit Suisse analyst joins Liberum
Liberum Capital has announced the addition of Subramaniam Varada to its mining team, following the recent appointment of Richard Knights from Numis Securities Full story...New IR officer at Western Lithium
Cindy Burnett has been appointed as vice president of investor relations at Western Lithium Corp (WLC) Full story...Addition to KGHM board
Ryszard Janeczek has been announced as vice president of the management board of KGHM Polska Miedź SA. Full story...Site Search
Log inIssue: 28/08/09
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