South Africa’s Anglo American Platinum (Amplats), the world’s largest platinum producer, has offered to reinstate 12,000 miners fired in early October for illegally striking and pay them a $230) “hardship allowance” if they return to work by Tuesday morning.
Not very often you hear about a company moving from exploration into production, but Canadian Tirex Resources (CVE:TXX) is doing just that. The Vancouver-based firm announced Monday it has received official notification from Albania's Ministry of Economy, Trade and Energy (METE) relating to its applications to transition six areas from exploration licenses to 25 year mining permits.
Newmont Mining Corporation (NYSE: NEM) announced Monday it was recognized for transparent climate change disclosure practices by the Carbon Disclosure Project’s (CDP) Leadership Index for the third consecutive year.
Petaquilla Minerals Ltd. (TSX:PTQ) has rejected as inadequate an unsolicited, the latest takeover bid by Inmet Mining Corp. (TSX:IMN) presented Friday, which was 25% cent higher than the $112-million Inmet originally offered.
Bolivia has passed this month the world's first ruling that grants all nature equal rights to humans. The “Law of Mother Earth,” agreed by politicians and grassroots social groups, redefines the South American nation's mineral deposits as "blessings" and is supposed to lead to radical new conservation and social measures to reduce pollution and control industry.
Scientists from France's Ecole Polytechnique have developed a remarkable new technology which extracts trace amounts of gold from industrial waste water.
