Malaysians protest against ore processing
Thousands of people have rallied in Malaysia in a protest against an Australian miner's rare earths plant.
Thousands of people have rallied in Malaysia in a protest against an Australian miner's rare earths plant.
On February 16, 2012, the Polish coal mining company Lubelski Węgiel Bogdanka S.A. smashed the world record for daily production from a plow-equipped longwall, with an output of 24,400 tonnes of coal from a single face.
The Wallarah 2 coal project, north of Sydney, Australia, will be drawing 70% of its workers from the local population and training them from scratch to work on the mine, reports Australian Mining.
In touting the economic benefit of the proposal near Wyong, [general manager Kerry] Heywood said a further 700 indirect jobs would be created on top of the mine's 300-strong workforce. "Importantly, these jobs will be well paid and provide opportunities for ongoing training and advancement which will give young people the opportunity to live and work on the Central Coast," he said.
Today, the Association for Mineral Exploration BC (AME BC) responded to the Fraser Institute’s rankings of mining companies’ perceptions of British Columbia.
Funds to Advance Rice Lake Exploration Programs
In another look at the silver market, Will Bancroft takes a look at Eric Sprott’s call to silver miners in November 2011.
On Tuesday, the Dow Jones Industrial Average briefly climbed above 13,000, its highest level since May 2008. Many rejoiced at the psychological milestone as the index has nearly doubled from March 2009 lows.
Here is one way to make money from mining that I have not hitherto thought of: do what Rick Santorum did. It is described in a report at this link thus: Santorum did not register as a lobbyist, but he aided corporate and other interests as a consultant. He was paid $142,500 by Consol Energy, a [...]
Quadra FNX Mining Ltd. ("Quadra FNX") (TSX:QUX) is pleased to announce that its securityholders have approved the previously announced plan of arrangement (the "Arrangement") involving Quadra FNX, 0929260 B.C. Unlimited Liability Company ("AcquireCo"), an indirect wholly owned subsidiary of KGHM Polska Miedz S.A. ("KGHM") (WSE:KGH), and holders of Quadra FNX's common shares ("Common Shares"), common share purchase warrants issued on March 1, 2007 ("2007 Warrants") and common share purchase warrants issued on September 9, 2009 ("2009 Warrants") together the Securityholders (the "Securityholders). At the special meeting of the Securityholders held today, the Arrangement was approved by 78.6% of the Securityholders voting together as a single class. All amounts are in Canadian dollars.
Ritchie Bros. Auctioneers (NYSE and TSX: RBA) held the world’s largest heavy equipment auction in Orlando, Florida last week (February 13 – […]