MINING.COM

Mining firms must stop neglecting the poor, says former Peru President Toledo

Alejandro Toledo says mining firms should give back more of their profits and respect the environment, in joint responsibility with the state. Comments come as social conflict weighs on sector. Former President Alejandro Toledo, a front-runner in Peru's

Mineweb | January 14, 2011 | 10:06 am

FQM copper and gold production fall on Frontier mine expropriation

As expected, First Quantum's 2010 metals output suffered from the forced closure of its Frontier Mine by the DRC Government in its ongoing dispute with the Canadian miner. Canada's First Quantum Minerals (FM.TO) full-year copper production fell to

Mineweb | January 14, 2011 | 10:06 am

Australian mines will need months to pump out flood waters

According to mining contractors, coal mines in Australia's flood-ravaged Queensland state could take up to six months to return to full operation.

Mineweb | January 14, 2011 | 8:45 am

Surplus predicted for nickel in 2011 – Sumitomo

A number of analysts are now predicting a nickel surplus this year as Chinese stainless steel growth slows and new nickel mine projects come on stream.

Mineweb | January 13, 2011 | 10:15 am

Operations to restart at Northam Platinum’s South Africa mine

Northam Platinum will resume operations at its Zondereinde mine in South Africa on Thursday after a worker was killed.

Mineweb | January 13, 2011 | 10:06 am

South Korea’s POSCO reluctant to pass rising steel costs to buyers

The chief executive of POSCO, the world's No.3 steelmaker, said it would be difficult to raise steel prices enough to cover rising raw materials costs stemming from flooding in Australia, which has affected coal mines, rail links and ports.

Mineweb | January 13, 2011 | 9:02 am

Aluminum to bloom after Q4 profit for Alcoa

Alcoa’s operating earning beats Wall Street estimates as revenue rises 4% to $5.7bln. CEO predicts more aluminum growth this year.

Mineweb | January 11, 2011 | 2:32 pm

Chile: Collahuasi finds alternative port for copper exports

Collahuasi endeavours to move towards lifting force majeure after last month's port accident, since using Antofagasta port for exports; manages to sell to Altonorte smelter. SANTIAGO (Reuters) - Chile's Collahuasi mine is selling most of its copper via

Mineweb | January 11, 2011 | 12:17 am

HudBay to pay C$397.5M for Norsemont

The cash and stock deal will provide the Canadian miner with access to a major copper deposit in Peru BANGALORE (Reuters) - Canada's HudBay Minerals Inc (HBM.TO: Quote) agreed to buy Norsemont Mining Inc (NOM.TO: Quote) to gain access to a major copper

Mineweb | January 11, 2011 | 12:16 am

Northam halts Zondereinde ops after accident

The Platinum mine says it has suspended operations at the mine after a worker was killed in an accident. South African mining company Northam Platinum (NHMJ.J: Quote) suspended operations at its Zondereinde mine after a worker was killed in an accident.

Mineweb | January 10, 2011 | 7:20 am

Afghanistan hopes new gold deal will bring new FDI

The war-torn country today signed a deal with a local company backed by foreign investors to develop the country's second gold mine Afghanistan signed a deal on Monday with a local company backed by foreign investors to develop the country's second gold

Mineweb | January 10, 2011 | 6:52 am

Gold Fields December quarter guidance in line with expectations

Johannesburg: Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) has announced that attributable Group production for the December quarter 2010 is expected to be approximately 900,000 oz, which is similar to last quarter and in line with

Mineweb | January 10, 2011 | 6:28 am

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