MINING.COM

Centerra Gold Kumtor Mine work stoppage

TORONTO, CANADA--(Marketwire - Feb. 6, 2012) - Centerra Gold Inc. (TSX:CG) announced that the unionized employees of its Kumtor operation in the Kyrgyz Republic have begun an illegal strike.

Marketwire | February 7, 2012 | 2:49 am

Downer awarded $570 million mining contract

Downer EDI Limited (Downer) today announced it has been awarded a six year magnetite mining contract with Karara Mining Limited (KML) for the provision of services at the Karara Iron Ore Project in Western Australia.

Downer EDI Limited | February 6, 2012 | 10:54 pm

Canadian Orebodies outlines 230m tonnes iron ore at Nunavut property

The Haig Inlet Iron Ore Project contains 230 million tonnes of iron ore at 35.17% iron, a new resource estimate shows.

Andrew Topf | February 6, 2012 | 10:36 pm

EMED Mining jumps 15% as Chinese company backs Rio Tinto mine restart with $30 million financing

EMED Mining (LON:EMED) climbed 14.88% today on news that the company has reached a $30 million funding arrangement with a new Chinese offtake partner respecting its Rio Tinto copper mine in Spain.

Andrew Topf | February 6, 2012 | 10:03 pm

South Africa says no to mines nationalization

The South African government has quashed persistent rumours about nationalizing the country's mining industry.

Andrew Topf | February 6, 2012 | 8:45 pm

Twenty years of drilling for a glimpse of life before mankind existed

Russian scientists, working 24-hours a day in extreme Antarctic conditions, broke through four-kilometres of ice on Monday to reach Lake Vostok, a body of water that has been covered by ice for over 20 million years.

Michael Allan McCrae | February 6, 2012 | 8:41 pm

Rubicon Minerals announces Cdn$200 million bought deal financing

Rubicon Minerals stocks were diving this morning (TSE:RMX) (AMEX:RBY) close to 5 per cent as the Canadian company said Monday that it has agreed to a $200.9 million bought deal financing, with funds to be used for the development of its Phoenix gold project in Red Lake, Ontario.

Cecilia Jamasmie | February 6, 2012 | 4:17 pm

Anglo Pacific taps into Australian iron ore project

Anglo Pacific Group (TSX: APY) (LSE:APF) has agreed today to a proposal with Red Rock Resources Plc to acquire 50% of the Mount Ida 1.5% Gross Revenue Iron Ore Royalty (GRR) currently held by Red Rock Resources.

Cecilia Jamasmie | February 6, 2012 | 3:41 pm

Codelco already struggling to match 2011 copper output

Chilean state giant Codelco, the world's biggest copper producer, will have to strive this year to match record 2011 copper production of 1.735 million tonnes, said CEO Diego Hernandez to the El Mercurio newspaper's Sunday edition.

Cecilia Jamasmie | February 6, 2012 | 3:00 pm

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