EPA mine spill could have been prevented, probe concludes

China is delivering on its promise to consolidate its mining industry with the formation of a new rare earth mega miner, the new “mega-corporation” will “team up” with rare earth producers in the provinces Shandong, Gansu and Sichuan.

Shares of Gabriel Resources climbed 17.7% in heavy volumes on Thursday, bringing its gains since last Friday to 32% as ongoing turmoil in Romanian politics are being interpreted as positive for the Canadian company's plans to build a massive gold mine in Transylvania.

Gold producer Randgold Resources posted today strong results for its second quarter production and profits, despite the ongoing political turmoil in Mali – where it extract two-thirds of its gold output.

Australian industrial equipment maker Bradken said it would take a careful approach to spending in the face of "limited visibility" caused by the global economic woes.

Mine Site Technologies (MST) has officially opened its new global headquarters facility in Sydney, NSW, Australia.

Canadian miner Goldcorp appointed George Burns as the new executive vice president and chief operating officer. Burns replaces Steve Reid, who is leaving the company to pursue other interests.

Shares of iron miner Bellzone were on the rise this morning after the company agreed to sell all of its share of output from the Forecariah mine in Guinea to commodities trading giant Glencore.

Wandoan, with a population of less than 380 people, could get about $106 million from mining giant Xstrata if the Swiss company decides to go ahead with its $6 billion coal project bordering the local community.

Giant miner Rio Tinto is closing down its Blair Athol coal mine in Australia as the company considers whether to limit spending on new projects next year.