MINING.COM

Nautilus dispute with Papua New Guinea to delay or even cancel underwater mining dreams

Canada-based Nautilus Minerals Inc. said its Solwara 1 underwater copper project could be delayed or even cancelled due to a dispute with Papua New Guinea over the mine ownership agreement.

Cecilia Jamasmie | June 1, 2012 | 4:33 pm

Bolivia to decide Canadian South American Silver mine’s future based on indigenous referendum

Bolivia’s President Evo Morales announced he will consult the indigenous communities of the Altiplano before authorizing the eventual exploitation of the silver and indium deposit of Mallku Khota, currently under exploration by Canadian South American Silver (TSX:SAC).

Cecilia Jamasmie | June 1, 2012 | 3:55 pm

Chile’s mining future jeopardized by delay in Patagonia $7 billion dam project

Chile, the top copper producer in the world, will not be able to keep mining for the red metal, gold and other minerals if the country doesn’t find a solution to the pressing energy needs, experts believe.

Cecilia Jamasmie | June 1, 2012 | 1:25 pm

Canada’s oil and gas industry will need to fill at least 9,500 jobs by 2015

Canada's oil and gas industry will need to fill a minimum of 9,500 jobs by 2015, according to a report released today by the Petroleum Human Resources Council of Canada.

Petroleum Human Resources Council of Canada | May 31, 2012 | 7:21 pm

Outer Harbour 1, Olympic Dam-Jansen 0: BHP gets final approval for $20 billion iron ore expansion

There are "growing signs" that Outer Harbour will take precedence over BHP's massive Olympic Dam project and the greenfield Jansen potash venture in Canada.

Frik Els | May 31, 2012 | 6:29 pm

Canada’s Kinross Gold to focus on Paracatu gold operation

Canada’s third main gold miner Kinross Gold (TSX:K) will focus on its wholly-owned Paracatu mine, in Brazil's Minas Gerais state, after it sold its stake in the Crixas gold mine to South Africa’s AngloGold Ashanti for $220 million

Cecilia Jamasmie | May 31, 2012 | 3:37 pm

Gold producers, Indian cutters might fund Canada’s newest diamond mines

With positive feasibility studies in hand, companies aim to start building at least three new diamond mines in Canada by the third-quarter of next year, at a combined cost of around $3.4 billion.

Mining Weekly | May 31, 2012 | 2:06 pm

Baja Mining lays off 40% of staff and seeks funding for Boleo

Troubled Vancouver miner, Baja Mining (TSE:BAJ), said that it laid off 40% of its staff to conserve cash and admitted that there is "no assurance" that it will find funding to complete its Boleo project, a $1.143 billion copper-cobalt-zinc project in Mexico.

Michael Allan McCrae | May 30, 2012 | 10:07 pm

Positive PEA lifts Sabina stock price 5%

A positive PEA for it Black River gold project in Nunavut, Canada gave Sabina Gold & Silver (TSX:SBB) a 5.6% bump in its stock price Tuesday.

MINING.com Editor | May 29, 2012 | 8:27 pm

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Diamond mining industry ripe for consolidation, says Lucara’s Eira Thomas

Yamana’s Peter Marrone on how gold companies can find value

Royal Canadian Mint issues new silver coin commemorating Calgary’s Victory Stampede

Vancouver gold junior can’t explain 40% stock price jump

Iron ore price craters 6%

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