Cecilia Jamasmie , Editor-in-Chief

Rio Tinto breaks the piggy: $4.2 billion investment to boost its iron ore business

Giant miner Rio Tinto (LON:RIO) continues to build its reputation as the most bullish of the major mining companies after it announced today it will spend $4.2 billion on top-tier iron ore projects.

Cecilia Jamasmie | June 20, 2012 | 2:00 pm

Anglo and Codelco’s bitter dispute over copper assets in Chile may end this Friday

London-based Anglo American (LSE:AAL) and Chile's state-owned Codelco have set this Friday as the deadline to resolve a dispute over billions of dollars in copper assets.

Cecilia Jamasmie | June 20, 2012 | 1:04 pm

San Gold expands operations by acquiring three gold properties in Ontario

TSX-listed San Gold is increasing its footprint in Ontario after it signed an agreement on Tuesday to buy three mineral properties from exploration junior Opawica Explorations for about ten million shares.

Cecilia Jamasmie | June 20, 2012 | 12:33 pm

Zimbabwe confirms army ownership of diamond mine

Zimbabwe’s Deputy Mines Minister, Gift Chimanikire, confirmed an army-owned company owns 40% of Anjin, one of the most lucrative diamond concessions in the country.

Cecilia Jamasmie | June 19, 2012 | 4:28 pm

Fatalities at Gem Diamonds’ Botswana mine delays production until 2014

Gem Diamonds said initial production at its Ghaghoo underground mine project in Botswana would be delayed until the first half of 2014 after an accident yesterday resulted in the death of two workers.

Cecilia Jamasmie | June 19, 2012 | 3:47 pm

Rio Tinto invests $600 million to extend life of Utah copper mine

Rio Tinto Copper's Chief Executive, Andrew Harding, said the investment will secure low cost copper, gold and molybdenum production for the company in next two decades.

Cecilia Jamasmie | June 19, 2012 | 3:13 pm

Uranium market to pick up as reactors come back

Australia-based Foster Stockbroking said Tuesday that an industry-wide restart would boost global uranium demand by 30 million pounds a year which could act as a catalyst to flagging uranium prices.

Cecilia Jamasmie | June 19, 2012 | 2:43 pm

Canadian company claims it can make oil sands “green”

N-SolvCorp, a small Canadian company based in Calgary, claims it has developed a unique technology that will make Alberta's oil sands more profitable and environmentally sound.

Cecilia Jamasmie | June 19, 2012 | 1:44 pm

Nautilus dispute with Papua New Guinea authorities threatening underwater mining future

Canada-based Nautilus Minerals Inc. (TSX:NUS)(OTCQX:NUSMF)(AIM:NUS) said Monday that despite several meetings with Papua New Guinea's government representatives in the last two weeks, the company is still battling authorities in regards to its obligation to complete the agreement reached in March last year for Nautilus Solwara 1 copper project.

Cecilia Jamasmie | June 18, 2012 | 6:21 pm

Australia sets conditions to Rinehart’s $6.4 billion coal mine project

Australian environment minister, Tony Burke, has told GVK and #4 mining billionaire Gina Rinehart to improve four areas of their $6.4 billion Alpha Coal project if they want to gain Federal environmental approval.

Cecilia Jamasmie | June 18, 2012 | 3:59 pm

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