The Polish miners beat market expectations announcing a strong fourth quarter on the back of surging metal prices and said it expects to see 2011 net profit jump to a record 8.35bn zlotys Poland's KGHM (KGHM.WA: Quote) almost doubled its fourth-quarter
The Australian Government's statistics bureau (ABARE) is looking for further growth in iron ore, coal and gold exports in the current year as the commodities boom continues. PERTH (The West Australian) - Iron ore exports will climb another 12 per cent
Canada Lithium said today it will have to take another look at a resource estimate it used to fund a Can$202-million open pit mine in Quebec.
The company said that it was unable to reconcile its own results with a previously announced 43-101-compliant report dated Oct. 28, 2010.
In January the company raised Can$110 million via a bought-deal financing.
What AMIRA describes as “one of exploration’s most important geological projects, P765A (Geochemical and Geological Halos in Green Rocks and Lithocaps), was completed as a resounding success in December 2010, and a new project P1060 (Enhanced Geochemical Targeting in Magmatic-Hydrothermal Systems) will shortly go on circulation to continue this work.”
TanzaniteOne Limited, the gemstones producer and developer, today announces the recovery of the third largest high quality gemstone ever mined in the 10 years operating history of the tanzanite project. The 12,100 carat (2.42 kg) rough tanzanite stone
A new plan being considered by the Gillard government could help fill the gaps in the skilled workers shortage. As the mining boom continues, the need for labour has increased and the federal government is examining a plan to allow an extra 20 000 skilled migrants into Australia.
Treasurer Wayne Swan is under pressure from Treasury bureaucrats to increase the skilled migrant intake, particularly for Western Australia, the Northern Territory and Queensland.
