To date a total of $1.6 billion has been spent on the development of the Karara Project. Australian content currently makes up more than 90% of the construction cost including more than $1 billion spent in WA and $143

Speaking at an agricultural conference in Johannesburg on Monday, Zimbabwe's PM Morgan Tsvangirai described the country's controversial law requiring foreign mining companies to be majority-owned by local blacks as too stringent. Zimbabwe's local

The emergence of Australia's newest iron ore mine took a significant step forward today with the South Australian Government approving IronClad Mining's (ASX: IFE) comprehensive Mining Licence Proposal (MLP) for its Wilcherry Hill Iron Ore Project in

World's biggest gold producer, China, produced 31.89 tonnes of gold in August, which was a 6% increase from the previous month. SHANGHAI (Reuters) - China's gold output rose six percent from the previous month to reach 31.89 tonnes in August, China's

A significant amount of Rio Tinto's $700 million payment to settle its dispute over the huge Simandou iron ore will be used to help mend the country's dilapidated infrastructure. The government of Guinea will use 35 percent of a $700 million windfall

The latest CFTC figures show an increase in bullish bets on gold by money managers, but copper at highest short position for over 2 years. Money managers, including hedge funds and other large speculators, raised their bullish bets in gold futures and

Vancouver, British Columbia - Artha Resources Corporation (TSX.V: AHC) is pleased to provide this update on our proposed exploration activities in Argentina for the coming six month period. Artha has built a strategic portfolio covering over 2,100 square

The management of the Zondereinde division of Northam Platinum Limited advises that the annual wage negotiations with employee representative unions Solidarity and the National Union of Mineworkers (NUM) continued yesterday, 12 October and today,

Transit Holdings (ASX: TRH) announces that its 90% owned joint venture vehicle K2O Utah LLC has executed a Memorandum of Understanding (MOU) with the United States Bureau of Land Management concerning exploration for potash on Federal Lands on the

The company, with four mines in the Philippines, says it can divert output at two of its mines to cover for lost nickel ore shipments from the closed Taganito mine.

Two sources familiar with the situation told Reuters the Chinese firm has agreed to raise its offer price for Sundance Resources to secure an agreed takeover bid for miner. Chinese firm Hanlong Mining has agreed to raise its offer price for Sundance

World's third-largest platinum producer, Lonmin, said on Monday it had agreed a deal which could see South Africa's Shanduka investing R1.1 billion rand for control and management of its Limpopo division. Miner Lonmin, the world's third-largest platinum