MINING.COM

HudBay says Constancia copper mine will cost $1.5 billion

Canadian base-metals miner Hudbay Minerals (TSX:HBM)(NYSE:HBM), rose the capital cost estimated of its giant Constancia copper project in Peru by about 50% to $1.5 billion, mentioning both scope changes and inflation as reasons.

Cecilia Jamasmie | April 3, 2012 | 12:52 pm

C$25 billion to improve Canada’s Asian trading opportunities

Christy Clark, the Premier of Canada’s British Columbia unveiled details of a C$25 billion public and private sector plan to expand trade with Asia, by improving the province's transportation system.

Cecilia Jamasmie | April 3, 2012 | 12:29 pm

Race on to dig new zinc mines as old ones run dry

With experts saying zinc could be in deficit by 2017 if not earlier, miners from Australia to Africa to the European Union are racing against time to attract investment in new projects.

Mineweb | April 3, 2012 | 7:33 am

Miners have fun on April Fools

There were news reports on April 1 about a Charlize Theron sex tape and WestJet kid-free flights that all turned out—unfortunately—not to be true.

Michael Allan McCrae | April 3, 2012 | 5:32 am

Extorre gets 8% bump after announcing preliminary economic assessment

Argentinian gold and silver miner, Extorre Gold Mines (TSX:XG), announced a preliminary economic assessment showing their Cerro Moro gold-silver project producing 848,000 ounces of gold and 47.2 million ounces of silver.

Michael Allan McCrae | April 3, 2012 | 4:54 am

Mali is quickly turning very ugly: Separatists, Islamists seize Timbuktu

Tuareg rebels aided by Islamists ransacked bars, banned Western-style dress and music and called for the imposition of Sharia law.

Frik Els | April 2, 2012 | 9:29 pm

Fortescue chief sees iron ore price down 25% from current levels. Says it’s a ‘good thing’

Fortescue chief executive Neville Power also told The Australian newspaper that Chinese steel production growth will be lower over the next five years at about 4% – 5%, from 7% – 8% now.

MINING.com Editor | April 2, 2012 | 8:45 pm

Canada’s oil sands to more than double its workforce over the next decade: Report

The Canadian oil sands will need to more than double its workforce over the next decade, as expansion projects create new positions and existing workers retire, says the Petroleum Human Resources Council of Canada.

Cecilia Jamasmie | April 2, 2012 | 7:25 pm

Prophecy up 4.8% after Southgobi deal puts Mongolian coal back in focus

Prophecy has more than 1.4 billion tonnes of surface minable coal resources at its flagship Chandgana project and is already producing at Ulaan Ovoo in Mongolia.

Frik Els | April 2, 2012 | 7:15 pm

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Paragon Diamonds sees at least $160m in revenue from Lesotho mines

Alberta’s new emissions levy costly — Canadian energy industry

Rio Tinto sells Murowa diamond mine and leaves Zimbabwe

Takeover approach shakes up potash market

South African commission finds police to blame in Marikana deaths

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