Mining News Archives

Teck Cominco Ltd. said tests done after almost a ton of acid spilled from a refinery into a river in British Columbia show that lead levels don't exceed provincial environmental standards.

The government is in denial about the possible failure of its flagship foreign direct investment project, the $3.2 billion aluminum smelter at the Coega ...

Rio Tinto Alcan announced that it is going forward with an accelerated pre-feasibility study for two additional phases to the AP50 pilot plant for which preparatory work has begun in Saguenay, Quebec. The study will evaluate the addition of another 140,000 tonnes of capacity.

Sterlite Industries Limited to purchase operating assets of ASARCO LLC for 2.6 billion dollars Mumbai/ Tucson, May 31: Sterlite Industries Limited and ASARCO LLC announced today that they have signed a ...

Vedanta Resources has reached a $2.6 billion deal to purchase the assets of copper miner Asarco, people familiar with the matter said.

Crystallex International corporation advised shareholders today that it has received a communication from the Director General in the Administrative Office of Permits at the Ministry of the Environment and ...

A judge has reinstated a $100,000 fine against a Massey Energy Co. subsidiary that failed to report a serious coal mine accident within 15 minutes.

The Commission, the European Union's executive arm and also its antitrust regulator, set a deadline of July 4 for consideration of a deal.

Orezone Resources Inc. is pleased to announce an update to the NI 43-101 compliant Definitive Feasibility Study for the Essakane Project in Burkina Faso, West Africa that was previously announced in September ...

Ivanhoe Energy Inc. of Vancouver signalled Thursday it intends to build an estimated $1.8-billion integrated oilsands project near Fort McMurray.

Washington state is monitoring a lead and acid spill into the Columbia River from the massive Teck Cominco lead and zinc smelter just across the border in Trail, B.C. A leak in a lead refinery pipe triggered an ...

Oxiana Ltd., buying Zinifex Ltd. to become the world's second-largest zinc producer, said production at the Sepon copper mine in Laos may be halted for as long as two weeks after a fire in the processing ...

Nautilus Minerals has announced it has been able to produce clean high-grade copper concentrate from its sea-floor site in Papua New Guinea.

Baosteel Group Corp. , China's biggest steelmaker, may buy a stake in Fortescue Metals Group Ltd.

OAO GMK Norilsk Nickel , Russia's largest mining company, climbed the most in three months in Moscow trading after billionaires Vladimir Potanin and Alisher Usmanov proposed a three-way merger to Oleg Deripaska ...

Worker drowns during mine maintenance Solidarity plans to lodge a complaint with the SA Human Rights Commission over a blacklist of workers allegedly established by Anglo Platinum, the trade union announced on ...

Resolution Copper Mining LLC (RCML) has completed sufficient drilling on its deep porphyry copper deposit to report an Inferred Resource of 1.34 billion tonnes containing 1.51 per cent copper and 0.040 per cent molybdenum.

Saudi Arabian Mining Co said an aluminium venture it is developing with Rio Tinto will cost $530 million more than expected, or 28.24 billion riyals , because of higher prices.

Rio Tinto Alcan head Dick Evans has, let's just say, eclectic musical tastes that veer from the disco classics of Boney M. to the overwrought ballads of Eros Ramazzotti.

......As Kitimat Turns has not quite ended its run.

Rio Tinto says it is well placed to take advantage of an expected doubling in global demand for its metals and minerals by 2022.

An extensive drilling programme at La Granja, Peru spanning 18 months and some 46,000 metres has led to the estimate, in accordance with the JORC Code, of 2.8 billion tonnes of Inferred Mineral Resources ...

Rio Tinto has further strengthened its position within the iron ore industry with a 2.25 billion tonne addition to its global iron ore resource base.

BHP Billiton, the world's biggest mining company, said labour and equipment shortages forced it to stagger the proposed expansion of its Olympic Dam uranium, copper and gold mine, forecast to cost at least $US6 ...

Antofagasta Plc , the copper producer controlled by Chile's Luksic family, said first-quarter profit rose 32 percent as prices for the metal increased.

The head of Mexico's mining union said on Wednesday he hopes that a dispute over the certification of his re-election can be resolved through the legal system rather than with more strikes.

Now on file with the Arizona State Mine Inspector's Office in Phoenix is a proposed Reclamation Plan submitted by BHP Billiton for its existing Copper Hills aggregate mining unit north of Globe.

Global resource major Rio Tinto and the Orissa government are close to resolving their long-standing dispute over forming a billion dollar joint venture to mine iron ore in the state.

Russian metals giant Norilsk Nickel and Metalloinvest, the iron ore and steel firm founded by billionaire Alisher Usmanov, have suspended merger talks until further notice, Norilsk said on Wednesday.

The Russian owners of the Norilsk Nickel plant on the Kola Peninsula earned huge profits last year but haven't made any efforts to cut the plant's emissions.

....... Management at the plant have said they're evaluating moving all production to a new plant that would be built at Montsjegorsk. Such plans have existed for nearly 20 years, though, and few believe they'll be carried out any time soon.

"As long as they're earning money, they'll probably let the plant keep going," said researcher Margrethe Aanesen. "They'll probably never invest in it."

Hydro, which sold off its oil and gas assets to StatoilHydro in 2007, produced about 1.74 million tonnes of primary aluminium last year.

Grupo Mexico SAB , Mexico's largest mining company, lost the competition to be lead bidder in an auction that will decide the fate of its bankrupt Asarco LLC unit after an unidentified rival offered more than ...

Rockwell is positioned for growth by mining and developing alluvial diamond deposits. The Company has focused on projects with the potential for production of high value gemstone diamonds which are predominantly larger than 2 carats in size. Plus 2-carat stones comprise more than 70% of the Company's production and are of exceptional quality and value. ...

Kinross Gold Corp of Canada says it is on track to start production at its Kupol project in the Chukotka region, in the Far East of the Russian Federation, in mid-2008. It has been mining ore at the site since ...

The Chinese steel-trading giant Sinosteel said Wednesday it would not increase its A$1.36 billion takeover offer for Australia's Midwest Corp., even as Murchison Metals put up a rival bid.

Rio Tinto has reported a 162 million tonne lateritic nickel resource at its Sulawesi Nickel Project in Indonesia.

A coal mine gas explosion in northeast China's Huludao City, Liaoning Province, has killed at least 14 and left two missing, local authorities said Sunday.

There is positive news today for the town of St. Lawrence. Burin Fluorspar Ltd., owners of the St. Lawrence fluorspar mines, announced an agreement

The congestion of ships awaiting iron-ore cargoes in Brazil , the world's largest producer, has increased as steel-company buyers seek alternatives to supplies in Australia, where suppliers have delayed setting ...

Peruvian miners plan to vote June 6 on whether to hold a national strike, the third walkout in the past 13 months.

PolyMet Mining Corp. said costs for its copper and nickel project in Minnesota have risen 71 percent to $650 million after the company took additional environmental- protection measures to win faster government ...

BHP Billiton, has reportedly started moving its equipment out of the mining area in Barangay ...

As Mexico's mining and metals industry ground to a halt yesterday with more than 20,000 workers staging a one-day strike, the union's leader was calling the shots by cellphone from a secret location in ...

Coal exports from Australia's Newcastle, the world's biggest export harbor for the fuel, fell 18 percent last week while the number of ships waiting outside the port rose.

London is to lose an association with diamonds that stretches back 80 years as De Beers moves its central sorting operations to Botswana.

Nautilus Minerals Inc. announces that a new collaborative exploration to search for new Seafloor Massive Sulphide systems in Tonga, has commenced.

BHP Billiton Ltd, the world's largest mining company, has selected The MAC Services Group Ltd as the preferred tenderer for a new accommodation village for its Olympic Dam operation in South Australia.

A helicopter crash near Norman Wells, N.W.T., on Saturday morning killed a passenger on the helicopter, officials said.

Imagine a pile of contaminated dirt three stories high that stretches from Pike Place Market nearly to Pioneer Square.

That's the size of a heap of polluted soil the mining company Glacier Northwest wants to build .....

Gabon has signed a revised agreement with Chinese investors to mine iron ore deposits on the edge of a national park, a government source said.

As we're all painfully aware, oil is trading over $130 a barrel and doesn't look as if it is showing any signs of abating soon.

Australian thermal coal prices, a benchmark for Asia, rose to a 13-week high to top $US138 a tonne in the latest week, extending a three-week rally that was spurred by strong global demand amid high oil prices.

China's plan to become the dominant player in Western Australia's emerging mid-west iron ore province has hit a roadblock after Murchison Metals and Midwest Corp unveiled a surprise $3.5 billion merger ...

On May 3, 2008, a 51 year-old mine owner with 45 weeks experience was fatally injured at a surface sand and gravel operation.

On April 24, 2008, a 48 year-old laborer with 32 weeks experience was fatally injured at an underground industrial sand mine.

COAL MINE FATALITY - On Friday, May 16, 2008, a 24 year old electrician with 4 years of mining experience was fatally injured when he cut into an energized shuttle car trailing cable.

Bonaparte Diamond Mines and Diamond Fields International Ltd jointly announced today that the current phase of joint mining on the Dias Reef area was concluded.

BHP Billiton will finally file its formal application for clearance of its Rio Tinto bid with the European Union competition authorities this week.

Mexico's largest mining union began a one-day strike to protest the government's delay in recognizing the re-election of Napoleon Gomez Urrutia as its leader.

Murchison Metals Ltd has increased its stake in former takeover target Midwest Corp Ltd, as both companies entered trading halts.

As previously announced, the Company intends to satisfy the alternative information guidelines recommended by Ontario Securities Commission Policy 57-603 and Canadian Securities Administrators Staff Notice ...

Mexico's mining union said its members would go on a 24-hour nationwide strike on Monday after the labor ministry failed to confirm the reelection of the union's estranged leader Napoleon Gomez.

The United Steelworkers has launched a new website to shine the spotlight on the business practices of Grupo Mexico, a Mexican conglomerate that owns numerous businesses in the Western Hemisphere.

The Canadian diamond company Diagem Inc. has announced its decision to cut back on activities in Brazil pending the resolution of a dispute with the Brazilian federal environment agency.

BHP Billiton has again postponed filing applications with global competition regulators amid growing doubts over its ability to buy Rio Tinto without making significant divestments.

News reports have talked about it for the past year - the demand for workers at Arizona mines continues to grow.

Coal India Ltd is all set to float global tenders within a month for developing 26 abandoned mines on a joint venture basis.

The Sabine Mining Company , a subsidiary of The North American Coal Corporation, recently unveiled its newest dragline for its lignite-mining operations just south of Hallsville.

Saskatchewan has an almost endless supply of potash, but it has been a long time since anyone new came along and mined it.

Attendance at the Totah Theatre showing of "Mine Your Own Business" in Farmington Thursday - 80 people - set a record in New Mexico.

... Paul Gessing, president of the Rio Grande Foundation, said before the showing that the film is not meant to destroy environmentalists.

"They may think they are well-intentioned, but they don't really care how others are living their lives," Gessing said. "We think that, done responsibly, oil and gas drilling can be done right."

The Steel Authority of India has agreed to pay the revised coal price to Bharat Coking Coal for its supply of coal.

Yanzhou Coal Mining Co said it has completed its 2008 coal supply contracts with Huadian Power International Co which will boost its revenue by 942.6 million yuan .

Peabody Investments Corp., a subsidiary of coal producer Peabody Energy Corp., spent nearly $1.3 million in the first quarter to lobby on issues related to the coal industry, according to a disclosure report.

Lee Edward Graham, 64, of Bessemer, was the employee killed in Thursday's accident at the Oak Grove Mine, officials said today.

Mitsui O.S.K. Lines Ltd. , Japan's largest operator of iron-ore vessels, fell the most in two months in Tokyo trading, leading shipping lines lower, on concerns a Chinese drive to cut mineral stocks will damp ...

Chile's gross domestic product expanded at the slowest pace since 2003 in the first quarter as labor disputes hurt mining output and a drought cut production of hydroelectricity.

India's annual steel production will touch 124 million tonnes by 2012 with a planned investment of Rs.2.76 trillion , up from 109.17 million tonnes in 2007-08, Minister of Steel Ram Vilas ...

Teck Cominco Ltd. , the world's second-largest zinc producer, said falling prices will prompt companies to shut mines, cutting global supplies in 18 months.

The state Supreme Court has rejected coal operator Massey Energy's challenge of a $240 million judgment.

Grupo Mexico SAB, Mexico's largest mining company, asked a judge to give it access to information about an auction for the right to reorganize its bankrupt Asarco LLC unit, Bloomberg News reported.

Russian steel producer Severstal said on Friday it had reached an agreement to purchase a 61.5% stake in the African Iron Ore Group for $37.5 million.

But analysts expect strong fundamentals for most base metals to support prices in the longer term with supply tightness and strong demand from China supporting copper and aluminum.

Aluminum Corp of China Ltd, the nation's biggest producer of the metal, signed an agreement to buy five aluminum-processing plants and a smelter from its parent for 4.2 billion yuan .

China's steelmakers are shunning imports of Australian iron ore as negotiations on the raw material's price have dragged on to almost seven weeks more than usual, the Baltic Exchange Ltd.

Five people were killed and one was injured in a coal mine explosion in north China's Shanxi Province on Wednesday, a local government spokesman has confirmed.

Coal is driving China's extraordinary economic growth As part of a special People & Power series, Chinese film maker Yang Shaobin, who was born in the area, visited a mine in the heart of the country's ...

....The operation cleans out the dust from the lung cells - the lung function will be improved after the cleaning," the nurse says.

However very few miners are as lucky as Shao Lun. As a manager in one of the leading state-run companies, he qualified - one of only 900 miners a year - to receive this life-saving operation paid for by the state.

Cameco Corporation, the company that owns a shutdown nuclear processing plant in Port Hope, said contaminants may have leached into Lake Ontario.

Dynatec Corporation of Richmond Hill pleaded guilty and was fined $75,000, May 14, in the Ontario ...

The world's former biggest copper mine, Bougainville Copper Ltd looks to be making a come back, with Chairman this month telling shareholders that "the company is better positioned now than at any time in the ...

Russkaya Med , a consortium formed by state monopoly Russian Railways , has launched a bid for the rights to develop the huge Udokan copper field, the head of RZhD said on Wednesday.

Swiss commodities trader Glencore International AG is considering upping its stake in TSX-listed Katanga Mining Ltd.

Forty five children living in the Australian mining town of Mount Isa, where Xstrata Plc produces 4 percent of the world's lead, have blood lead levels above World Health Organization standards, a ...

Liberty Mines Inc. is pleased to announce that it has completed an option agreement with Xstrata Nickel to earn up to a 100% interest in the Sothman nickel project located approximately 75 km south of Timmins ...

Grupo Mexico, one of the world's top copper producers, urged the board of its bankrupt U.S. subsidiary Asarco on Wednesday to consider its asset auction plan, complaining that it had been denied information to ...

Southern Copper , a leading global producer of the red metal, plans to move into gold mining and exploration in Peru at a time of high prices, the firm's chief executive said Wednesday.

Canadian Royalties Inc said on Wednesday it has received provincial environmental approval to begin construction of its Nunavik nickel project in northern Quebec.