Lucara says South Africa strike affecting Botswana diamond project

Canada's Lucara Diamond Corp, building the AK6 mine in Botswana, said on Friday strike action in South Africa’s steel sector was delaying deliveries to the project, though it did not yet know the full impact on the mine's schedule. AK6 was on track so far, being 60% complete. The company’s other projects include Mothae Diamond Project, located in Lesotho, and Kavango Project, located in northeast Namibia.

mining weekly | July 15, 2011 | 8:50 pm

Goldcorp estimates 1-2 week disruption at Musselwhite due to forest fires

Forest fires near Goldcorp's Musselwhite mine in north-west Ontario could result in a one- to two- week production halt for the mine, but it is still to early to say for certain, a company spokesperson said on Friday.

mining weekly | July 15, 2011 | 7:11 pm

Wits school of mining engineering making headway in improving ‘already high’ standards of education

The University of the Witwatersrand (Wits) School of Mining Engineering says it is making significant progress in achieving the ten strategic goals that it set itself at the beginning of the year. These goals were set to improve the already high

mining weekly | July 15, 2011 | 1:25 am

Vale holds to copper targets despite deal collapse

Brazilian miner Vale will stick to its target of producing 1-million tonnes of copper a year by 2015 after pulling out of a bid for South Africa's Metorex and may pursue other buyouts, a source close to Vale said on Wednesday.

mining weekly | July 13, 2011 | 11:25 pm

Indophil falls short of A$189.5m capital raising target

PERTH (miningweekly.com) Copper/gold developer Indophil Resources, which holds a strategic interest in the Tampakan project in Philippines, has raised some A$183.3-million after completing the retail component of its non-renounceable entitlement offer,

mining weekly | July 13, 2011 | 8:03 am

SA gold wage negotiations to resume on Wednesday

South African trade unions representing gold miners would resume wage negotiations with the Chamber of Mines (CoM) on Wednesday.

mining weekly | July 12, 2011 | 7:42 pm

Taseko Q2 copper output flat; molybdenum up 38 pct

Taseko Mines' second-quarter copper production at the Gibraltar mine in British Columbia was flat at about 20 million pounds, but its molybdenum output rose about 38 percent. The Vancouver-based miner, which produced 300 000 pounds of molybdenum in the

mining weekly | July 11, 2011 | 11:25 pm

Operations resume at Platmin mine, says contractor MCC

JSE-listed Eqstra Holdings, which owns mining contractor MCC Holdings, said on Monday that operations have resumed at Platmin’s Pilanesberg platinum group-metals mine in South Africa, following illegal industrial action

mining weekly | July 11, 2011 | 2:48 pm

Jubilee abandons chrome acquisition, but still on the prowl

JSE- and Aim-listed Jubilee Platinum said on Friday it had abandoned plans to acquire a chrome company, as the security of the target’s mineral rights could not be guaranteed.

mining weekly | July 8, 2011 | 3:26 pm

Zimbabwe says it will pay for foreign firms

Foreign companies in Zimbabwe will not be seized but bought out under a black economic empowerment scheme sponsored by President Robert Mugabe's ZANU-PF party, a government minister said on Thursday.

mining weekly | July 7, 2011 | 8:38 pm

Vale sees iron ore above $150/t next five years

SINGAPORE - Brazil's Vale , the world's top iron-ore miner, expects prices of the steelmaking raw material to remain above $150/t for at least the next five years on tight global supplies, the Financial Times reported on Thursday.

mining weekly | July 7, 2011 | 6:41 am

HudBay to build new concentrator at Lalor, extends mine life

HudBay Minerals now plans to build a new C$264-million concentrator and paste backfill plant at its Lalor zinc/copper/gold project, in Manitoba, rather than refurbishing an existing facility at the nearby Snow Lake operation.

mining weekly | July 6, 2011 | 9:48 pm

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