MINING.COM

First Quantum suspends operations in Mauritania

First Quantum Minerals has announced it has temporarily suspended normal operations at its Guelb Moghrein copper-gold mine in Mauritania due to illegal strike action by some unionized employees.

Joshua Zapf | July 17, 2012 | 6:59 pm

If you think Congo is unstable now watch what happens when you throw oil into the mix

New oil reserves could also create new centres of power and in the context of a general oil rush in Central and East Africa, the lack of clearly defined borders, especially in the Great Lakes region, poses significant risk for maintaining regional stability.

Frik Els | July 16, 2012 | 10:21 pm

BHP Billiton exits Guinea

Sunday Times reports (paywall) that BHP Billiton, which is shedding its non-core operations, is looking for a buyer for its Mount Nimba iron ore project in Guinea.

Michael Allan McCrae | July 15, 2012 | 5:00 pm

Summer doldrums

With gold, silver, and their miners’ stocks drifting listlessly near correction lows, the sentiment in precious-metals land is even more pessimistic than usual.

Adam Hamilton - Zeal Intelligence | July 14, 2012 | 8:59 am

Ousted Vale CEO back with a bang

Brazilian billionaire André Esteves has teamed up with Roger Agnelli, kicked out of iron ore giant Vale by government shareholders last year, to create their own mining company with an initial investment of $520 million.

Frik Els | July 13, 2012 | 4:48 pm

South Africa’s top mining execs push for higher safety standards

South Africa’s Chamber of Mines said Friday it will set up a special CEO “elimination of fatalities team” in an effort to bring down the number of deaths at the local mines.

Cecilia Jamasmie | July 13, 2012 | 3:45 pm

Nobody can stop South Africa’s gold output collapse

South Africa's gold output continues to fall, dropping a further 2.9% in May. The last time the country's mines produced this little, the nation was still ruled by the Queen of England.

Cecilia Jamasmie | July 13, 2012 | 2:28 pm

Second day of heavy losses has Semafo investors reeling

The Montreal-based company, down 21% following a dive of 17% on Wednesday, were deemed by investors to have overpromised and underdelivered on its exploration results.

Frik Els | July 12, 2012 | 4:53 pm

UPDATED-Seven killed after plane chartered by Kinross Gold crashes in Mauritania

Seven people were killed Thursday when a military plane chartered by Canada's Kinross Gold Corp. crashed during takeoff in the Mauritanian capital Nouakchott, an army source told AFP.

Cecilia Jamasmie | July 12, 2012 | 1:08 pm

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