Milling to resume at Centerra Gold’s Kumtor mine in Kyrgyzstan following planned shutdown

Centerra Gold Inc. announced today that the mill at the Kumtor mine resumed operation on September 18, 2012 following a planned seven-week shutdown.

BrightWire News | September 20, 2012 | 6:56 pm

ERA dismisses accusations about stealth uranium mining

The Environment Centre NT (ECNT) and the Australian Conservation Foundation recently accused Energy Resources of Australia Limited (ERA) of expanding operations at its Ranger 3 Deeps project without environmental assessments.

BrightWire News | September 14, 2012 | 6:13 pm

ALROSA sees FY 2012 sales at $4.5 billion

With due consideration of the requisite sales dip in March-August aimed at preserving the price stability on the market, ALROSA forecasts consolidated sales by ALROSA Group to reach USD 4.5 billion in full year 2012.

BrightWire News | September 14, 2012 | 6:06 pm

Lonmin miners reject 20% wage increase offer

Striking miners at Lonmin's Marikana platinum mine rejected a 20% wage increase offer from the company. The offer increases the base pay of an entry level worker to around ZAR 5,500 (USD 660) up from ZAR 4,600 (USD 557.5) at present.

BrightWire News | September 14, 2012 | 6:02 pm

Finance minister: Zambia to set up $120 million copper transport line

Zambian Finance Minister Alexander Chikwanda told reporters today that the government will invest USD 120 million to rehabilitate a railroad line between the largest producer of copper in Africa and South Africa.

BrightWire News | September 14, 2012 | 5:52 pm

Anglo American completes sale of 4.1% stake in AA Sur

Anglo American plc announced today the completion of its sale of a 4.1% stake in Anglo American Sur to Codelco and Mitsui following clearance of the transaction by competition authorities in Brazil.

BrightWire News | September 14, 2012 | 5:47 pm

Rio Tinto CEO: China steel production to reach 1 billion metric tons by 2030

Rio Tinto CEO Tom Albanese told reporters in Beijing that the company is optimistic about China's long-term steel production, predicting that Chinese steel output will increase by 40% to reach 1 billion metric tons by 2030.

BrightWire News | September 14, 2012 | 5:37 pm

Miner killed in accident at Indonesian gold mine

Kingsrose Mining Limited and its 85% owned subsidiary PT Natarang Mining announced that an accident occurred overnight at its Talang Santo mine on its Way Linggo Project. The accident resulted in the death of a mine worker.

BrightWire News | September 14, 2012 | 5:32 pm

Rising tensions cause Aquarius Platinum and Xstrata to suspend Rustenburg mines

Due to unrest in Rustenburg, South Africa, Aquarius Platinum announced it has suspended operations at its Kroondal platinum mine until September 16.

BrightWire News | September 14, 2012 | 5:25 pm

Update: Court rejects lawsuit against Freeport Indonesia

The South Jakarta municipal court rejected a civil suit by the Indonesian Human Rights Committee For Social Justice (IHCS) against a subsidiary of mining giant Freeport McMoRan concerning its royalty rates contract with the government.

BrightWire News | September 14, 2012 | 5:14 pm

Strikers block access to Anglo platinum shafts; organizers may be linked to Lonmin, Impala strikes

Striking Anglo Platinum workers have blocked roads leading to shafts owned by the miner. Anglo Platinum is the largest platinum producer in the world.

BrightWire News | September 13, 2012 | 7:07 pm

Botswana diamonds: Additional diamonds discovered in Libongo, Cameroon

Botswana Diamonds said two additional diamonds have been recovered from the ongoing sampling program on the Libongo palaeoplacer project in Cameroon.

BrightWire News | September 13, 2012 | 7:00 pm

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