MINING.COM

BHP’s already eye-watering Olympic Dam expansion bulked up again

World number one miner BHP Billiton on Wednesday bought additional exploration plots near its Olympic Dam mine and $30 billion expansion project.

Frik Els | June 13, 2012 | 2:01 pm

Another company attempts to block First Uranium’s asset sale

First Uranium's (TSE:FIU) plan to sell some of its South African assets was thrown into further disarray after Kumvest (Pty) Ltd. offered to buy First Uranium in order to block the sale.

Michael Allan McCrae | June 10, 2012 | 5:41 pm

Funding increased for Yucca Mountain review

An additional $10 million in funding has been approved for the Nuclear Regulatory Commission (NRC) to complete its review of the licence application for the Yucca Mountain repository. Last year, the NRC shelved the review after funding was slashed.

Jeremy Gordon | June 8, 2012 | 3:05 pm

Canadian government of Nunavut allows uranium mining

Announced yesterday, the government of Nunavut is in favour of uranium mining on the condition that the radioactive ore be used for peaceful and environmentally responsible purposes only.

Cecilia Jamasmie | June 8, 2012 | 1:49 pm

Kloppers clobbers capex: Forget Olympic Dam and Jansen, BHP is now even cutting back iron ore

“The economics of some of these projects has changed,” he said. “I think for the next two years, 18 months perhaps, we will just wait and see how things develop.”

Frik Els | June 7, 2012 | 10:12 pm

10-year review critiques the mining industry’s sustainability

The IIED report urges the sector to move from improving its standards in principle to actually implementing them in practice.

Cecilia Jamasmie | June 7, 2012 | 1:50 am

Global mining industry profits and shares went different ways in 2011: PwC

Consulting firm says the top 40 global mining firms earned a record profit of $133 billion last year driven mainly by iron ore, however their market capitalization fell by 25%.

Cecilia Jamasmie | June 6, 2012 | 2:29 pm