Using a gold price of $1,000 per ounce, the Kumtor open-pit LOM plan has been used to project the net cash flow for the open pit operations for the period of January 1, 2011 to 2021. Total gross revenue from the sale of gold and minor silver credits are estimated to be nearly $5.0 billion while direct operating costs are estimated to be $1.9 billion or $385 per recovered ounce of gold produced.

India, ranked among the top five global players in production of several major minerals, is poised for rapid growth in its mining industry - about five percent of the GDP. However, lack of skilled workers is set to hit the industry, creating a demand-supply gap of over 2,200 people by 2025, according to a study on mapping of human resources and skills for the mining industry in India by Confederation of Indian Industry (CII).

John Spence from Marketwire looks at copper’s sharp pull-back last week. He ponders whether the lower price has broder implications for the […]

Coal from Montana and Wyoming is often shipped through ports in British Columbia, such as Westshore Terminal near Vancouver, B.C., or to […]

Barry Fitzgerald says that iron ore prices will be falling to earth in the short-term due to over-supply: The big question is […]

Media coverage of the Japanese nuclear power plant that suffered damage after Friday’s earthquake is overblown, according to Dr. Josef Oehmen, a research […]

The Fukushima Daiichi Nuclear Power Plant has been in the news after the earthquake in Japan cut off the plant’s cooling system. […]

The most active gold contract on the Tokyo Commodity Exchange, February 2012 , inched up after an earthquake of magnitute 8.8 struck the north coast of Japan, while the rubber contract for August 2011 barely moved, dealers said on Friday.

The Association of American Railroads said that freight railroads will get US$12 billion capital expenditure in 2011. The association released a state of the industry report on Wednesday, Great Expectations 2011. Capital expenditure is rising to keep up with demand for services, namely grain and coal transport.

Thom Beers, the man behind the popular reality television series Deadliest Catch and Ice Road Truckers, is now producing a series about coal mining in Appalachia. Coal premieres on Spike TV this spring with the first show airing at the end of this month. You can already see episodes on Spike TV's website.

Minera Andes Inc. (the “Corporation” or “Minera Andes”) (TSX:MAI)(OTCBB:MNEAF) is pleased to provide a summary of the exploration results achieved during 2010 […]

IAMGOLD Corporation signed a memorandum of understanding on Monday with China National Gold Group Corporation to cooperate in the development of mineral […]