MINING.COM

An ‘abundance’ of targets for asteroid miners

"Space is big. Really Big. You just won't believe how vastly hugely, mind-bogglingly big," as the Hitchiker's Guide to the Galaxy once noted. About the only thing nearly as big, it seems safe to say, are today's hopes of making money exploring space.

USA Today | May 28, 2012 | 5:34 pm

OZ Minerals inks $90 million deal for copper-moly mine in Chile

Australian copper producer OZ Minerals has struck a deal with Canada's International PBX Ventures for a 90% interest in the Copaquire copper-molybdenum property in Chile.

Andrew Topf | May 28, 2012 | 5:33 pm

Aquarius Platinum reassures investors over Mimosa mine in Zimbabwe

Aquarius Platinum said its Mimosa mine has not been affected by the recent directive from the Reserve Bank of Zimbabwe regarding the suspension of banking services for certain mining companies.

Cecilia Jamasmie | May 28, 2012 | 4:52 pm

Canadian Selwyn Resources evaluating smaller plan for zinc leading project

Canadian miner Selwyn Resources (CVE:SWN) stocks were falling almost 17% this morning as the company said it was evaluating a smaller tonnage mine plan for its flagship zinc and lead project in Yukon, northern Canada.

Cecilia Jamasmie | May 28, 2012 | 4:31 pm

Australian Job Fair in Houston, Texas Popular with Skilled American Workers

The Australian Job Fair, set in Houston, Texas to invite skilled American gas, oil, mining and construction workers to meet Australian recruiters, […]

Joanna Gaskell - Education Editor | May 28, 2012 | 4:24 pm

Brazil’s Vale to sell all of its Colombian coal assets for over $400 million

Mining giant Vale said on Monday it will sell its coal assets in Colombia to CPC, a unit of Colombian Natural Resources, for $407 million.

Cecilia Jamasmie | May 28, 2012 | 3:52 pm

Pro-coal group allegedly paid fake activists to wear its shirts at EPA hearings

The U.S. Environmental Protection Agency (EPA) held 12 hours of stacked hearings in Chicago on Thursday, allowing the public to express their opinions (mostly adulation according to The Huffington Post) about the proposed carbon pollution standards for new power plants.

Cecilia Jamasmie | May 28, 2012 | 2:46 pm

Singapore-based iron ore platform to compete with China’s beginning on Wednesday

A second major physical iron ore trading platform, supported by major mining companies and Chinese steelmakers will launch this Wednesday, competing directly with China's new own platform in a race to create an industry price benchmark.

Cecilia Jamasmie | May 28, 2012 | 2:04 pm

Australian mining community outraged by government’s decision to grant first ever right to hire foreign workers

Australia’s decision to grant first ever right to hire foreign workers at the Roy Hill project in the Pilbara on Friday has sparked heated critics by local unions and the mining community.

Cecilia Jamasmie | May 28, 2012 | 1:16 pm

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