MINING.COM

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 investment.

Marc Howe | July 26, 2012 | 2:53 am

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 Freeport-McMoran’s Grasberg mine across the border in West Papua, Indonesia are confirmed.

Frik Els | July 25, 2012 | 7:40 pm

Antofagasta Minerals ‘scored’ with appointment of ex-Codelco CEO Hernandez: analysts

FTSE 100 miner, copper giant Antofagasta PLC (LON:ANTO) announced Tuesday it had appointed Diego Hernandez, the former head of state miner Codelco, a move qualified by insiders as “a goal” for the London-listed Chilean miner.

Cecilia Jamasmie | July 25, 2012 | 7:00 pm

Third time’s the charm for Peru’s mining issues?

Faced with never ending environmental and social conflicts over mining projects, Peru's President Ollanta Humala decided yesterday to reshuffle his Cabinet… again…for the third time.

Cecilia Jamasmie | July 25, 2012 | 5:27 pm

Teck Resources down 5% after profits more than halve

The diversified miner suffered lower realized prices across the board with copper down 14% to $3.57 a pound, its realized coal price was 26% below Q2 2011 at $202 a tonne. Zinc (-15%), silver (-24%), lead (-22%) and molybdenum (-18%) prices all declined.

Frik Els | July 25, 2012 | 4:59 pm

Miners buying existing projects rather than starting their own: study

Escalating costs and economic instability may be the two main reasons why mining companies worldwide are acquiring existing projects instead of starting their own, shows the latest report from global firm Ernst & Young.

Cecilia Jamasmie | July 25, 2012 | 2:46 pm

Haiti $20 billion untouched mineral wealth to help the country out of poverty

Two and a half years after an earthquake devastated Haiti, killing more than 300,000, the country could use a windfall to help in its rebuilding efforts. Now, thanks to its mineral wealth, Haiti could begin making its way out of being one of Latin America’s poorest countries.

MINING.com Editor | July 25, 2012 | 10:37 am

Southern Hemisphere puts itself on the investor map with Chile copper intersects

“We may well look back on this as the moment the Llahuin Project gained critical mass, all without the need to do a deal with a third party.”

Frik Els | July 24, 2012 | 8:44 pm

Intrepid Mines sold off again after failing to find raiders of its Indonesia project

Intrepid Mining has now lost 59% of its market value after news broke that a local business groups orchestrated the ouster of ASX and TSX-listed company from an Indonesian copper and gold project.

Frik Els | July 24, 2012 | 6:28 pm

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Teck Resources rolls out electric buses

Anglo American cuts annual copper forecast on Chile water woes

ALX Uranium exploring for base metals in Norway

Seabridge outlines new porphyry target at Iskut

Private investors shun mining amid “escalated investor concerns”

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