MINING.COM

Abacus Mining looking for buyer, partner for B.C. copper-gold project

Canadian Abacus Mining and Exploration Corp. (TSXV:AME) is looking for potential buyers, partners or other alternatives under a strategic review initiated Monday, shortly after its partner moved to increase its holding in their B.C. joint venture.

Cecilia Jamasmie | April 2, 2012 | 5:59 pm

Coal prices may be headed higher after BHP Billiton declares force majeure

BHP Billiton declared force majeure at its Bowen Basin coal mines in Queensland, Australia.

Michael Allan McCrae | April 2, 2012 | 5:39 pm

Norwegian chemical company makes $40 million investment in IC Potash

IC Poatash popped 17% to $1.04 share on Monday after Yara International announced a $40 million "strategic investment" in the company on Friday.

Michael Allan McCrae | April 2, 2012 | 5:01 pm

CHALCO pays $925M for 60% of SouthGobi Resources

In a three-way deal with Robert Friedland's Ivanhoe Mines, the Aluminum Corporation of China (CHALCO) is bidding for 60% of SouthGobi Resources' and paying $8.48 for each common share.

Michael Allan McCrae | April 2, 2012 | 4:26 pm

Extreme use of mining vehicles can make them catch fire — Here’s how to protect them

Fire protection equipment specialist Worldman offers a comprehensive range of vehicle fire suppression systems designed to detect and suppress fires occurring in mine site vehicles.

PR Newswire: Mining | April 2, 2012 | 4:15 pm

Argentina to establish first protocol on mining social responsibility

The creation of the world’s first national protocol on sustainable and socially responsible mining was discussed at a meeting held in Argentina last week, called by the government of president Cristina Fernandez.

Cecilia Jamasmie | April 2, 2012 | 3:55 pm

World’s first carbon neutral mine around the corner

The Yunong Qian project, located in the highlands of Nepal, might become world’s first carbon neutral mine, as Gekko Systems Pty Ltd announced today the final funding approval of the project, which will apply Gekko’s technology to achieve net zero carbon emissions.

Cecilia Jamasmie | April 2, 2012 | 1:37 pm

Paladin Energy forced to get new CFO as Korte moves to push world-class iron project

Uranium company Paladin Energy Ltd (TSX:PDN)(ASX:PDN) announced it named Alan Rule as its new Chief Financial Officer effective July 23, 2012. He would be replacing the current CFO, Garry Korte, who is joining Roy Hill Holdings, owned by billionaire mining magnate Gina Rinehart.

Cecilia Jamasmie | April 2, 2012 | 12:09 pm

Rapaport’s small diamond index up 14%

Record high prices were achieved in specific categories, with strong demand from US and Indian buyers supporting sales

MINING.com Editor | April 2, 2012 | 10:00 am

First

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China readies to launch yuan gold fix before year-end

Rick Rule and Porter Stansberry’s guide to protecting your portfolio from the ravages of the currency wars

Adani confirms work halted at controversial coal project by the Great Barrier Reef

BHP cuts another 140 jobs over abandoned Olympic Dam expansion plans

Gold slips to 2-week low as buyers await news on Greece

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