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.
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.
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.
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.
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.
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.
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.
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.
