Australia’s Ranger uranium mine extension rejected

FTSE 100 miner, copper giant Antofagasta PLC (LON:ANTO) announced Tuesday it had appointed Diego Hernandez, the former head of state miner Codelco, a move qualified by insiders as “a goal” for the London-listed Chilean miner.

The drastic step, as reported by Reuters, is to "cut supply lines to gangs of illegal miners used to staying deep in the mines for months on end, threatening lives and official production."

Faced with never ending environmental and social conflicts over mining projects, Peru's President Ollanta Humala decided yesterday to reshuffle his Cabinet… again…for the third time.

Escalating costs and economic instability may be the two main reasons why mining companies worldwide are acquiring existing projects instead of starting their own, shows the latest report from global firm Ernst & Young.

Caterpillar Inc (NYSE:CAT), the world's largest earth-moving equipment maker, raised its 2012 profit forecast on Wednesday based on its quarterly profit report, which beat by far most of Wall Street's gloomy outlooks.

The Hong Kong-listed miner said on Wednesday that the start of production at Martabe marked a significant milestone for the company.

Botswana Diamonds has recovered a 2-carat, low value, near gem quality stone, which confirms the diamondiferous potential of the deposit.

Two and a half years after an earthquake devastated Haiti, killing more than 300,000, the country could use a windfall to help in its rebuilding efforts. Now, thanks to its mineral wealth, Haiti could begin making its way out of being one of Latin America’s poorest countries.

Eldorado Gold added more than 3% on Tuesday after announcing Greece's top administrative court had revoked a provisional order issued on June 29 which suspended the surface clearing activities of Hellas Gold, a 95%-owned subsidiary of Eldorado, in Halkidiki, Greece.