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University of Utah fills new Chair in Mine Safety position

Utah News reports: industrial safety expert Thomas Hethmon has been chosen by the University of Utah to occupy the Western Mining Presidential Endowed Chair in Mine Safety, a new faculty position funded by Barrick Gold of North America and CONSOL Energy.
“The University of Utah is uniquely positioned to influence industrial safety and health management in the U.S. and abroad,” said Hethmon in a prepared statement. “The [U.] College of Mines has an international reputation for academic excellence, a long and positive relationship with the industry, and its administration is completely supportive of our plans for the chair,” says Hethman.

Locals trained for mining job opportunites in Wilcannia, NSW

Unemployed people in Wilcannia, New South Wales, Australia, will be given the opportunity to train for certification in resource and infrastructure work preparation, ABC News reports. The goal is that employment in the region's new mining projects will follow.
"There's jobs there, and there's going to be lots of jobs in the near future, and fortunately we've got a lot of people interested in that industry. That was one of the main reasons why we picked this type of course to run out there."

Kennecott Minerals opens community education centre in Marquette, Michigan

To answer some of the community's questions about their Eagle Mine project, Kennecott Minerals has opened a new education center in downtown Marquette, Michigan.
Visitors will see models, videos and exhibits relating to the Eagle Mine operations. The goal of the center is to strengthen their relationship with the community and to provide a place where residents can learn about sustainable and responsible mining.

Sulliden doubles indicated gold estimate at Shahuindo, Peru

Sulliden Gold Corporation Ltd. (TSX:SUE)(OTCQX:SDDDF) has completed a new gold and silver mineral resource estimate for its 100%-owned Shahuindo Project in Peru. The updated estimate delivered a 121% increase of indicated gold ounces in the oxides and a 397% increase in inferred gold ounces from the sulphides relative to the 2009 year-end estimate. Sulliden continues to actively drill the Shahuindo property and new results will continue to be released throughout 2011. Image of the Shahuindo Project by Sulliden Resources

Arch Coal completes acquisition of International Coal Group

Arch Coal has completed its acquisition of International Coal Group through a merger, with ICG becoming a wholly owned subsidiary of Arch. The aggregate value of the transaction totalled $3.4 billion. The acquisition adds nearly 13 Mt of low-cost Appalachian thermal coal production to Arch’s vast domestic thermal coal portfolio, solidifying the company’s number two position among US-based coal miners. With expected metallurgical coal sales of 11 Mt in 2011, Arch also becomes the second largest US metallurgical coal producer and a top ten global supplier to steelmakers. By capitalising on expansion opportunities, Arch expects to boost its metallurgical coal output to nearly 15 Mt by 2015.

Vaaldiam stock near all time low after loss more than triples and Brazil mine ops suspended

Vaaldiam Mining net loss more than tripled in the first quarter to $7.6m after suspending operations at the Duas Barras diamond mine in Brazil. By close of trade on Wednesday shares in the company had fallen 21%, close to an all-time low leaving it with a market capitalization of a paltry $12m, a far cry from the $150m-plus valuation it commanded a decade ago. Vaaldiam said it will now focus on the development of the Brauna mine in Brazil after it paid $6.5m to increase its stake in the project to 51% in March. It has two other diamond mines in the country that are on care and maintenance.

Rio Tinto to spend $676m to speed up iron ore expansion plans

World no.2 iron ore miner Rio Tinto is investing $676 million to speed up its iron ore expansion by six months to capture demand as rival plans to boost production are impeded. Rio said on Wednesday it expects to increase its capacity by 50 percent to 333 million tonnes a year by the first half of 2015.

Zambia says needs to reduce reliance on copper

Mining Weekly reports Zambia is keen to diversify its mining sector and wants more exploration in iron-ore, manganese, coal and uranium, Vice-President George Kunda said on Wednesday. Speaking at a mining conference in Lusaka, Kunda said that the Zambian economy was too dependent on copper. Zambia aims to be the third-largest uranium producer in Africa in the near future, Kunda said, adding that this would depend on exploration and investment.