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        <title>Mining Journal -
Breaking News 
 
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        <link>http://www.mining-journal.com</link>
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		<item>
  <title><![CDATA[ Mixed news at San Jose ]]></title>
  <link>http://www.mining-journal.com/production-and-markets/mixed-news-at-san-jose</link>
 <description><![CDATA[ The drilling of a 38cm pilot hole had reached a depth of 25m by the end of Wednesday in the attempt to rescue 33 miners trapped underground since August 5 at the San Jose copper-gold mine in Chile. ]]></description>
  <pubDate>Thu, 02 Sep 2010 17:05:21 +0100</pubDate>
  <guid>http://www.mining-journal.com/production-and-markets/mixed-news-at-san-jose</guid>
</item><item>
  <title><![CDATA[ Deals intensify ]]></title>
  <link>http://www.mining-journal.com/finance/deals-intensify</link>
 <description><![CDATA[ The pace of deal activity is intensifying in the mining and metals sector. The value of pending deals is already four times the US$40.6 billion generated in the first half of the year, and the pace of this activity "will continue to accelerate", according to Ernst & Young in its latest Global Mining & Metals Transactions Report. ]]></description>
  <pubDate>Thu, 02 Sep 2010 10:39:38 +0100</pubDate>
  <guid>http://www.mining-journal.com/finance/deals-intensify</guid>
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  <title><![CDATA[ Copper concentrate ‘seller’s market,’ Sumitomo Metal says  ]]></title>
  <link>http://www.mining-journal.com/production-and-markets/copper-concentrate-sellers-market,-sumitomo-metal-says</link>
 <description><![CDATA[ Copper concentrate will be in short supply for at least five years, forcing Sumitomo Metal Mining Co, Japan’s second-biggest smelter, to keep producing at a reduced rate, the company said. ]]></description>
  <pubDate>Wed, 01 Sep 2010 12:21:15 +0100</pubDate>
  <guid>http://www.mining-journal.com/production-and-markets/copper-concentrate-sellers-market,-sumitomo-metal-says</guid>
</item><item>
  <title><![CDATA[ Companies featured in the 27-08-10 issue of Mining Journal ]]></title>
  <link>http://www.mining-journal.com/reports/companies-featured-in-the-27-08-10-issue-of-mining-journal</link>
 <description><![CDATA[ All companies featured in the latest issue of the Mining Journal are listed below for your convenience. ]]></description>
  <pubDate>Tue, 31 Aug 2010 15:10:20 +0100</pubDate>
  <guid>http://www.mining-journal.com/reports/companies-featured-in-the-27-08-10-issue-of-mining-journal</guid>
</item><item>
  <title><![CDATA[ Pan African generating strong cash flow ]]></title>
  <link>http://www.mining-journal.com/finance/pan-african-generating-strong-cash-flow</link>
 <description><![CDATA[ Pan African Resources plc, the South African gold miner, generated £18.3 million (US$28 million) in cash from operating activities in the year to end-June, boosting the bank balance to £12.8 million, over five times what it was a year ago. ]]></description>
  <pubDate>Tue, 31 Aug 2010 12:07:11 +0100</pubDate>
  <guid>http://www.mining-journal.com/finance/pan-african-generating-strong-cash-flow</guid>
</item><item>
  <title><![CDATA[ Rio Tinto approves US$1 billion Hope Downs 4  ]]></title>
  <link>http://www.mining-journal.com/exploration--and--development/rio-tinto-approves-us$1-billion-hope-downs-4</link>
 <description><![CDATA[ Rio Tinto will spend about US$1 billion on a new iron-ore mine in Australia, a joint venture with Gina Rinehart’s Hope Downs Iron Ore Pty. ]]></description>
  <pubDate>Tue, 31 Aug 2010 13:40:30 +0100</pubDate>
  <guid>http://www.mining-journal.com/exploration--and--development/rio-tinto-approves-us$1-billion-hope-downs-4</guid>
</item><item>
  <title><![CDATA[ Stockpile: Vedanta hurt by Indian government rejection ]]></title>
  <link>http://www.mining-journal.com/finance/stockpile-vedanta-hurt-by-indian-government-rejection</link>
 <description><![CDATA[ Again suffering from negative press, Vedanta Resources plc was this week’s biggest loser on the London main market, falling a further 9% to continue a dreadful August. ]]></description>
  <pubDate>Fri, 27 Aug 2010 15:38:35 +0100</pubDate>
  <guid>http://www.mining-journal.com/finance/stockpile-vedanta-hurt-by-indian-government-rejection</guid>
</item><item>
  <title><![CDATA[ Chilean government releases footage of trapped miners ]]></title>
  <link>http://www.mining-journal.com/production-and-markets/chilean-government-releases-footage-of-trapped-miners</link>
 <description><![CDATA[ Video footage of the 33 miners trapped in the San Jose gold-copper in Chile since August 5 has been released showing them in good spirits and singing the country’s national anthem. ]]></description>
  <pubDate>Fri, 27 Aug 2010 12:17:44 +0100</pubDate>
  <guid>http://www.mining-journal.com/production-and-markets/chilean-government-releases-footage-of-trapped-miners</guid>
</item><item>
  <title><![CDATA[ New World reinstates dividend ]]></title>
  <link>http://www.mining-journal.com/finance/new-world-reinstates-dividend</link>
 <description><![CDATA[ New World Resources NV (NWR), the Czech coal and coke producer, has reinstated its dividend. Despite a '50% of earnings' dividend policy, the company paid out less than half in 2008 and nothing last year, blaming "market conditions". ]]></description>
  <pubDate>Thu, 26 Aug 2010 14:41:29 +0100</pubDate>
  <guid>http://www.mining-journal.com/finance/new-world-reinstates-dividend</guid>
</item><item>
  <title><![CDATA[ Read More: How does your Mining Board compare? ]]></title>
  <link>http://www.mining-journal.com/reports/read-more-how-does-your-mining-board-compare</link>
 <description><![CDATA[ The Mining Journal website this week includes a recently-published report by Sydney-based Ophir Partners on Mining Company Boards. ]]></description>
  <pubDate>Fri, 27 Aug 2010 11:14:20 +0100</pubDate>
  <guid>http://www.mining-journal.com/reports/read-more-how-does-your-mining-board-compare</guid>
</item><item>
  <title><![CDATA[ Glencore profit ]]></title>
  <link>http://www.mining-journal.com/finance/glencore-profit</link>
 <description><![CDATA[ Commodity trader Glencore has reported a 42% increase in profits for the first half of calendar 2010 compared with a year earlier. Revenue was up 55% to US$70 billion leading to net income of US$1.56 billion. ]]></description>
  <pubDate>Thu, 26 Aug 2010 14:41:20 +0100</pubDate>
  <guid>http://www.mining-journal.com/finance/glencore-profit</guid>
</item><item>
  <title><![CDATA[ Fortescue results surge ahead ]]></title>
  <link>http://www.mining-journal.com/finance/fortescue-results-surge-ahead</link>
 <description><![CDATA[ Fortescue Metals Group, Australia’s third largest producer of iron ore, has reported a 14% rise in net profit for the year to end-June. ]]></description>
  <pubDate>Thu, 26 Aug 2010 11:02:31 +0100</pubDate>
  <guid>http://www.mining-journal.com/finance/fortescue-results-surge-ahead</guid>
</item><item>
  <title><![CDATA[ Another set of bumper results for BHPB, cautious on short term ]]></title>
  <link>http://www.mining-journal.com/finance/another-set-of-bumper-results-for-bhpb,-cautious-on-short-term</link>
 <description><![CDATA[ BHP Billiton has reported a 16% increase in attributable for the year to end-June, but the company said it remained cautious on the short term outlook for the global economy. ]]></description>
  <pubDate>Wed, 25 Aug 2010 12:26:25 +0100</pubDate>
  <guid>http://www.mining-journal.com/finance/another-set-of-bumper-results-for-bhpb,-cautious-on-short-term</guid>
</item><item>
  <title><![CDATA[ Chile prepares for depression among trapped miners  ]]></title>
  <link>http://www.mining-journal.com/production-and-markets/chile-prepares-for-depression-among-trapped-miners</link>
 <description><![CDATA[ Chilean authorities will prescribe antidepressants to miners trapped in an underground copper mine should an estimated three-month rescue effort take its toll on their mental wellbeing, Health Minister Jaime Manalich said ]]></description>
  <pubDate>Thu, 26 Aug 2010 11:02:51 +0100</pubDate>
  <guid>http://www.mining-journal.com/production-and-markets/chile-prepares-for-depression-among-trapped-miners</guid>
</item><item>
  <title><![CDATA[ Chalco’s Xiong seeks stakes in coal, power producers ]]></title>
  <link>http://www.mining-journal.com/finance/chalcos-xiong-seeks-stakes-in-coal,-power-producers</link>
 <description><![CDATA[ Aluminum Corp of China Ltd, the country’s biggest producer of the metal, is seeking to invest in coal and power producers, and is studying projects in Southeast Asia to access cheaper power and raw materials ]]></description>
  <pubDate>Wed, 25 Aug 2010 12:43:10 +0100</pubDate>
  <guid>http://www.mining-journal.com/finance/chalcos-xiong-seeks-stakes-in-coal,-power-producers</guid>
</item><item>
  <title><![CDATA[ Prominent Hill delivers a healthy profit for Oz Minerals ]]></title>
  <link>http://www.mining-journal.com/finance/prominent-hill-delivers-a-healthy-profit-for-oz-minerals</link>
 <description><![CDATA[ A strong performance from Oz Minerals’s Prominent Hill gold-copper mine in South Australia has guided the company to a A$405.7 million (US$350 million) net profit for the first half of 2010. ]]></description>
  <pubDate>Wed, 25 Aug 2010 11:28:50 +0100</pubDate>
  <guid>http://www.mining-journal.com/finance/prominent-hill-delivers-a-healthy-profit-for-oz-minerals</guid>
</item><item>
  <title><![CDATA[ Companies featured in the 20-08-10 issue of Mining Journal ]]></title>
  <link>http://www.mining-journal.com/reports/companies-featured-in-the-20-08-10-issue-of-mining-journal</link>
 <description><![CDATA[ All companies featured in the latest issue of the Mining Journal are listed below for your convenience. ]]></description>
  <pubDate>Tue, 24 Aug 2010 12:59:40 +0100</pubDate>
  <guid>http://www.mining-journal.com/reports/companies-featured-in-the-20-08-10-issue-of-mining-journal</guid>
</item><item>
  <title><![CDATA[ Xstrata offers cash for Mauritanian iron ore company ]]></title>
  <link>http://www.mining-journal.com/finance/xstrata-offers-cash-for-mauritanian-iron-ore-company</link>
 <description><![CDATA[ Xstrata plc has made a A$428 million (US$383 million) cash offer for all the shares in Sphere Minerals Ltd, owner of the Askaf iron-ore project in Mauritania. ]]></description>
  <pubDate>Tue, 24 Aug 2010 12:09:34 +0100</pubDate>
  <guid>http://www.mining-journal.com/finance/xstrata-offers-cash-for-mauritanian-iron-ore-company</guid>
</item><item>
  <title><![CDATA[ BHP, Rio gain on optimism mining tax may be dropped ]]></title>
  <link>http://www.mining-journal.com/finance/bhp,-rio-gain-on-optimism-mining-tax-may-be-dropped</link>
 <description><![CDATA[ BHP Billiton and Rio Tinto rose in Sydney trading after the ruling Australian Labor party failed to win a majority at the weekend election, raising optimism its proposed mining tax may be scrapped or diluted ]]></description>
  <pubDate>Tue, 24 Aug 2010 12:09:25 +0100</pubDate>
  <guid>http://www.mining-journal.com/finance/bhp,-rio-gain-on-optimism-mining-tax-may-be-dropped</guid>
</item><item>
  <title><![CDATA[ Macarthur to make Bowen Basin acquisition ]]></title>
  <link>http://www.mining-journal.com/finance/macarthur-to-make-bowen-basin-acquisition</link>
 <description><![CDATA[ ASX-listed miner Macarthur Coal Ltd called for a trading halt today as it announced plans of an institutional placement to raise funds for an acquisition in Queensland.<br /><a href="http://www.mining-journal.com/company-news/macarthur-coal">MacArthur Coal News</a> |<a href="http://www.mining-journal.com/finance">Finance News</a> | <a href="http://www.mining-journal.com/regions/australasia?regioncode=AUS&relate=9994">Australasia News</a> | ]]></description>
  <pubDate>Tue, 24 Aug 2010 12:09:17 +0100</pubDate>
  <guid>http://www.mining-journal.com/finance/macarthur-to-make-bowen-basin-acquisition</guid>
</item><item>
  <title><![CDATA[ Trapped miners in Chile found alive ]]></title>
  <link>http://www.mining-journal.com/finance/trapped-miners-in-chile-found-alive</link>
 <description><![CDATA[ Thirty-three miners trapped for 17 days after a tunnel collapse at the San Jose copper-gold mine in Chile have been found alive.<br /><a href="http://www.mining-journal.com/finance">Finance News</a> | <a href="http://www.mining-journal.com/regions/latin-america?regioncode=LAM&relate=9451">Latin American News</a> | ]]></description>
  <pubDate>Mon, 23 Aug 2010 11:06:59 +0100</pubDate>
  <guid>http://www.mining-journal.com/finance/trapped-miners-in-chile-found-alive</guid>
</item><item>
  <title><![CDATA[ First Quantum - ENRC’s Kolwezi deal contravenes ICC orders ]]></title>
  <link>http://www.mining-journal.com/production-and-markets/first-quantum-enrcs-kolwezi-deal-contravenes-icc-orders</link>
 <description><![CDATA[ First Quantum Minerals Ltd says Friday’s announcement by Eurasian Natural Resources Ltd (ENRC), that it was buying indirect control of the disputed Kolwezi tailings project, contradicts orders issued by the International Chamber of Commerce in Paris.<br /><a href="http://www.mining-journal.com/company-news/first-quantum">First Quantum News</a> |<a http://www.mining-journal.com/production-and-markets">Production and Markets News</a> | <a href="http://www.mining-journal.com/regions/central-and-east-africa?regioncode=CEF&relate=9479">Central and East African News</a> | ]]></description>
  <pubDate>Mon, 23 Aug 2010 11:06:36 +0100</pubDate>
  <guid>http://www.mining-journal.com/production-and-markets/first-quantum-enrcs-kolwezi-deal-contravenes-icc-orders</guid>
</item><item>
  <title><![CDATA[ ENRC gains control of Kolwezi tailings ]]></title>
  <link>http://www.mining-journal.com/finance/ENRC-gains-control-of-Kolwezi-tailings</link>
 <description><![CDATA[ Eurasian Natural Resources Corp (ENRC) has purchased 50.5% of Camrose Resources Ltd for US$175 million, providing the London-listed company with control of the controversial Kolwezi tailings project<br /><a href="http://www.mining-journal.com/company-news/eurasian-natural-resources-corp">ENRC News</a> |<a href="http://www.mining-journal.com/finance">Finance News</a> | <a href="http://www.mining-journal.com/regions/central-and-east-africa?regioncode=CEF&relate=9479">Central and East African News</a> | ]]></description>
  <pubDate>Fri, 20 Aug 2010 17:57:06 +0100</pubDate>
  <guid>http://www.mining-journal.com/finance/ENRC-gains-control-of-Kolwezi-tailings</guid>
</item><item>
  <title><![CDATA[ Stockpile: BHP’s hostile bid for Potash Corp steals the headlines ]]></title>
  <link>http://www.mining-journal.com/finance/stockpile-bhps-hostile-bid-for-potash-corp-steals-the-headlines</link>
 <description><![CDATA[ BHP Billiton tops the headlines this week, after the world’s largest miner announced ambitions to get even bigger and more diverse with a bid for Potash Corporation of Saskatchewan Inc. ]]></description>
  <pubDate>Fri, 20 Aug 2010 16:52:27 +0100</pubDate>
  <guid>http://www.mining-journal.com/finance/stockpile-bhps-hostile-bid-for-potash-corp-steals-the-headlines</guid>
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