MINING.COM

Anglo American mulls sale of Amapa iron ore stake – sources

Several industry sources say the miner is considering selling its majority stake in the Amapa iron ore operation in Brazil to focus on its flagship Minas-Rio growth project.

Mineweb | December 20, 2011 | 7:17 am

Chiquita, Tides Canada defend oilsands activism

Chiquita has denied that it's boycotting Canada’s oilsands as a fuel source for shipping its fruit. Instead, the company said it’s just expressing a “preference for fuels with lower than normal greenhouse gas footprints wherever possible.” ...

Vancouver 24 Hours | December 20, 2011 | 2:46 am

Intierra and RMG form resource intelligence powerhouse

Intierra Resource Intelligence has acquired Swedish-based Raw Materials Group (RMG). All RMG shareholders have taken an equity position in the expanded company and all RMG staff will stay on with the new entity. This unification...

International Mining | December 20, 2011 | 12:54 am

First Uranium to lay off 1,850 employees at South African mine

First Uranium said it plans to lay off up to 1,850 employees at its Ezulwini Mine in South Africa.

Michael Allan McCrae | December 19, 2011 | 7:49 pm

U.S. House set to kill Keystone-linked bill

Vancouver Sun | December 19, 2011 | 7:12 pm

Newcrest Mining reduces gold production guidance by 150,000 oz

Newcrest Mining (ASX:NCM) said it will produce about 150,000 oz less gold in its 2011/12 financial year due to production disruptions at Cadia Valley and Lihir, and lower feed grades and recoveries at Telfer.

Michael Allan McCrae | December 19, 2011 | 6:01 pm

South American Silver’s stock is up 17% after announcing four billion pound copper resource

South American Silver (TSE:SAC) stock shot up 17% in morning trading today on the Toronto Stock Exchange to $1.62 a share after the company announced the findings from its NI 43-101-qualified resource estimate of the company's Escalones copper-gold-silver project in central Chile.

Michael Allan McCrae | December 19, 2011 | 4:29 pm

Gold sees losses as Fitch downgrade warning hurts euro

Gold prices eased on Monday as a warning from Fitch Ratings that it may downgrade France and six other euro zone countries hurt stocks and the euro.

Mineweb | December 19, 2011 | 12:01 pm

London Mining delays first Marampa shipment

The miner has delayed the first shipment from its Marampa iron ore mine in Sierra Leone to January to allow it to use larger supramax sized vessels instead of handymax sized vessels.

Mineweb | December 19, 2011 | 8:11 am

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