MINING.COM

Success in the DRC: Investors line up for Banro already up 50% in 2012

Banro's Twangiza oxide mine poured its first gold Q4 2011and it owns four additional licences along the same rich gold belt in the east of the country. After bumping up its debt offering to $175 million on Friday the company says it can now start building a second oxide mine.

Frik Els | February 25, 2012 | 1:00 am

Thought the fight for control of Baja’s board couldn’t get uglier? Read on

Baja Mining is fighting attempts by Mount Kellett, a $6 billion asset manager, to stack the miner's board with its own nominees. Baja is accusing Mount Kellett of a takeover by stealth while MK says Baja is a web of conflicts.

Frik Els | February 24, 2012 | 11:00 pm

Hire more women to save money: consultant

Hiring more women to work at mines in Hunter Valley, NSW could save companies money because they are easier on the equipment, says a workplace consultant.

Andrew Topf | February 24, 2012 | 10:55 pm

Investors find holes in Guyana Goldfields definitive study, decide the company is worth 20% less

Toronto-based firm's Definitive Feasibility Study for its 100% owned Aurora Gold Project in Guyana, the nation's only large-scale licensed gold mine development project, makes investors see red.

Frik Els | February 24, 2012 | 9:06 pm

Newmont slides after taking $1.6 billion Arctic hit

Shares in Newmont Mining was down 2.7% on Friday after the company announced a $1.6 billion charge after mothballing its Hope Bay project in northern Canada.

Frik Els | February 24, 2012 | 7:15 pm

Wave of retirement expected at Highland Valley Copper

Over the next twenty years, the Highland Valley Copper mine near Logan Lake is going to have more and more problems meeting an expected skills shortage due to 20% of its workforce retiring, reports Kamloops This Week.

Joanna Gaskell - Education Editor | February 24, 2012 | 5:27 pm

Call for Applicants to the 2012 Scholars Program from Remember The Miners

PRWeb reports: Created in 2011, the Remember The Miners Scholars Program was created to provide financial aid to miners' families in West Virginia, and students in mining education. Applications are due March 1st!

“We’re making a final push to encourage our young miners and students interested in the mining industry to apply for this wonderful opportunity,” began Jason Parsons, Director of Remember The Miners. “Education is an important foundation for our future coal miners, and we’re proud to support them as they embark upon securing the future of coal.”

Joanna Gaskell - Education Editor | February 24, 2012 | 5:14 pm

Anti-asbestos motion fails

A motion asking the Quebec government to withdraw its offer to finance the province's remaining asbestos mine has failed.

Andrew Topf | February 24, 2012 | 4:42 pm

Canadian Mandalay Resources delays shipments to Chile due to ongoing protests

Canadian miner Mandalay Resources (TSX: MND, MND.WT) announced today that scheduled shipment of concentrate for February from the Cerro Bayo silver-gold mine in Chile has been delayed due to increasing public protests in the south of that country.

Cecilia Jamasmie | February 24, 2012 | 3:07 pm

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