MINING.COM

Central African Republic diamond war death toll climbs

AFP reports a recent outbreak of fighting between rival armed groups in the Central African Republic – one of the poorest countries in the world – vying for control over diamond mines left 43 dead, an army source said Thursday. The toll originally stood at 30 following week-long clashes in the central town of Bria which erupted on September 11. Officials said the clashes are between the Ronga and the Goula, two rival ethnic groups who have feuded over the region's diamond mines for years.

Frik Els | September 22, 2011 | 10:36 pm

Colorado Goldfields Inc. launches NI 43-101 “Property of Merit” project for Utah uranium claims — valuation estimate increases to $50 million

LAKEWOOD, CO--(Marketwire - Sep 21, 2011) - Colorado Goldfields Inc. (OTCQB: CGFIA) (PINKSHEETS: CGFIA) announced today that the Company has launched an aggressive exploration project to determine the potential value of its 63 uranium claims.

Marketwire - Mining and Metals | September 21, 2011 | 12:00 pm

What is the value of a mining degree?

A major report by the Georgetown University Center on Education and the Workforce is entitled What’s It Worth? The Economic Value of College Majors. The report is long, over 180 pages and covers degrees ranging from Agriculture to Social Sciences. Engineering is dealt with from page 110 to page 123. The data come from the [...]

Jack Caldwell | September 21, 2011 | 12:59 am

Former Alberta premier opposes Keystone pipeline

The former premier of Alberta says he doesn't support the proposed Keystone XL pipeline project because it will take away jobs from Albertans. I would prefer...we process the bitumen from the oilsands in Alberta and that would create a lot of jobs and job activity," Peter Lougheed told CBC morning radio talkshow host Anna Maria Tremonti. "That would be a better thing to do than merely send the raw bitumen down the pipeline and they refine it in Texas that means thousands of new jobs in Texas."

Andrew Topf | September 13, 2011 | 11:46 pm

Jack Lifton: profit from really critical rare earth elements

Despite the important sounding name, not all rare earth elements are critical or in short supply compared to the ultimate demand. In this exclusive article for The Critical Metals Report, Jack Lifton, a senior fellow of the Institute for the Analysis of Global Security, shares the secrets for determining if a company has a chance of growing into a viable, profitable venture that will benefit both investors and host countries.

The Critical Metals Report | September 13, 2011 | 4:45 pm

Newmont Mining named to Dow Jones Sustainability World Index

The sustainability index includes some 300 global companies identified as leaders in the areas of sustainability and economic, environmental, safety and social performance. Newmont as been included in the Dow Jones Sustainability North America Index every year since 2006. In 2007, it became the first gold company included in the Dow Jones Sustainability World Index.

MINING.com Editor | September 12, 2011 | 4:59 pm

5 Reasons Rio Tinto Looks Attractive

5. Company Description and Investments Rio Tinto is an Australian diversified mining giant engaged in the exploration, development, production and processing of minerals with product groups aluminum, copper, diamonds and minerals, energy, and iron ore.

TheStreet.com | September 9, 2011 | 4:10 pm

Trueclaim Exploration Inc. Signs Options on Gold Prospects in Cook Township, Guibord Township and Boston Township, Ontario

Trueclaim Exploration Inc. (the "Company") (TSX VENTURE:TRM)(PINK SHEETS:TRMNF)(OTCQX:TRMNF), an explorer and developer of precious and base metals projects, is pleased to announce that it has signed two option agreements to acquire a 100% working interest in two groups of mineral claims in the Province of Ontario.

Marketwire - Mining and Metals | September 7, 2011 | 5:32 pm

NovaGold reports preliminary capital costs for its Donlin gold project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 7, 2011) - NovaGold Resources Inc. (TSX:NG)(NYSE Amex:NG) The feasibility study completed on the Donlin Gold Project (formerly Donlin Creek) in 2009 is being updated to include power generation utilizing natural gas delivered to site via aproposed 500-kilometer natural gas pipeline from the Cook Inlet to the mine site. Utilizing natural gas is expected to lower costs to generate power and reduce operating risk. In connection with this update, Donlin Gold LLC, owned equally by wholly owned subsidiaries of NovaGold Resources Inc. ("NovaGold") and Barrick Gold Corporation ("Barrick"), has provided its owners with preliminary capital cost estimates of approximately US$6billion for the Project with an additional approximately US$1 billion for the natural gas pipeline.

Marketwire - Mining and Metals | September 7, 2011 | 12:30 pm

Gold price: Hedge funds ready to dump 430 tonnes

Mongolia primes $3 billion Tavan Tolgoi IPO for next year

Bloomberg reports Mongolia is likely to sell a stake in its Erdenes Tavan Tolgoi coal-mining company to the public next year, raising more than $3 billion. The Tavan Tolgoi deposit – mined since the 60s – in the South Gobi desert is the world's largest with a 6 billion tonne resource of high-quality coking coal used in steelmaking. Metallurgical coal has been trading at record levels of $330/tonne this year. Tavan Tolgoi is the second largest mining investment in Mongolia behind the Oyu Tolgoi gold-copper mine being built by Canada's Ivanhoe Mines.

Frik Els | September 6, 2011 | 9:51 pm