July 27, 2012

Aluminum has potential as eco-friendly auto fuel

Aluminum is one of the most ubiquitous manufacturing materials of the industrialized era, but few would suspect that this commonplace metal harbors tremendous potential as an ecological fuel source.

July 27, 2012

Australia imperils investment appeal as miners attack new tax laws

Foreign investors have raised concerns over uncertainty surrounding Australia's mining and carbon tax regimes, with mining companies attacking a government plan to obtain an additional AUD$1.9 billion in taxes via…

July 27, 2012

Anglo Platinum confirms large-scale lay-offs

South Africa's Anglo Platinum, the world's largest primary platinum producer, has confirmed the lay-off of 725 employees from its central services and support functions, provoking the ire of the mining's…

July 26, 2012

Newmont sees earnings dive on dismal output

Newmont Mining's (NEM) second quarter earnings plunged 28% compared to the same period last year on reduced gold and copper output.

July 26, 2012

Barrick misses expectations and delays Pascua-Lama

Barrick Gold, the world's largest producer of the precious metal, reported higher-than-expected operating costs and a massive capital cost over-runs on Thursday in its first quarterly report since letting go…

July 26, 2012

Australian miners seek a wealth of opportunities in a new Myanmar

Australian exploration and mining firms are readying themselves for forays into Myanmar following the end of decades of military rule earlier this year and the country's opening up to foreign…

July 26, 2012

Cadman announces LOI for Tanzania Mobzi copper project

The company has concluded negotiations with Shenba Resources Holdings Limited, and entered into a letter of intent to acquire 65 per cent of the Mbozi Copper project located in the…

July 26, 2012

NGEx intersects 0.55% copper equivalent over 1,014 metres at Los Helados copper-gold porphyry project, Chile

NGEx reports it has found intersects 0.55% copper equivalent over 1,014 metres at Los Helados copper-gold porphyry project, Chile.

July 26, 2012

Bearing Resources announces the start of 2012 field programs at Zymo copper-gold project, British Columbia and Flume Gold project, Yukon

Bearing Resources announces field programs have commenced on the company's Zymo copper-gold project in British Columbia and the Flume gold project in the Yukon.

July 25, 2012

Harmony up 7% as punters bet Wafi-Golpu pre-feasibility will map out a Grasberg rival

Release of a pre-feasibility study for Wafi-Golpu in Papua New Guinea is expected any day now and punters hope drilling results that put the deposit into the same league as…