Rescuers and heavy equipment are picking through the debris in hopes of finding more survivors after a landslide thundered down a mountainside in the Philippines on Good Friday. The avalanche of mud hit the mining village of Panganason around 2:30 am Friday morning, according to a story posted on Inquirer.net.
Clad in orange suits, the rescuers sifted through the rubble in the hope of adding more survivors—15 so far—plucked from the mud and rocks. But 21 people remained unaccounted for, according to Maj. Jake Obligado, commanding officer of the 71st Infantry Battalion.
Academy-award winning director, actor and environmental activist, Robert Redford, Thursday became the latest face of those opposed to the development of the massive Pebble copper-gold mining project near Bristol Bay in Alaska.
In a blog published on the Huffington Post political website, Redford claimed, "I am not against mining. I am against putting mega-mines where they don't belong."
Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) announced today that it will pay an eligible dividend of $0.30 per share on its outstanding Class A common shares and Class B subordinate voting shares on July 5, 2011, to shareholders of record at the close of business on June 15, 2011.
World top copper producer Chile sees copper prices staying above the 2010 average during the next three years, Deputy Mining Minister Pablo Wagner said on Wednesday.
Copper averaged $3.42 per pound in 2010, according to data compiled by the Chilean government.
Ivanhoe Australia Ltd (ASX & TSX: IVA), controlled by North American-based Ivanhoe Mines, today put out what it quaintly described as a clarification of its position on Exco Resources Ltd (ASX: EXS) selling the Cloncurry copper project to Xstrata Copper.
Ivanhoe, which is Exco's major shareholder made it clear it was not supporting the sale, pointing out that the company's chief executive Peter Reeve, as a director of Exco, excused himself from the deliberation of this transaction.
Teck Resources held an inauguration ceremony last Friday to celebrate the recent start of operations at its new Carmen de Andacollo copper concentrator. […]