MINING.COM

A new kind of hyperinflation: Zimbabwe hikes mining fees by as much as 8,000%

The Zimbabwe Chamber of Mines says the government's hike of pre-exploration fees for the majority of minerals – by as much as 8,000% – together with increased royalty rates will cripple the industry.

Frik Els | February 20, 2012 | 9:04 pm

Elemental to Raise $1.7 Billion Next Year to Mine Potash

Elemental Minerals Ltd. (ELM), owner of a potash project in the Republic of Congo, plans to raise about $1.7 billion next year to develop production by 2015, Chief Executive Officer Iain Macpherson said.

Bloomberg News | February 20, 2012 | 8:01 pm

The Sinopec File

Pollution, bribes, more. Nikiforuk pries open the record of China's oil giant, business partner for Northern Gateway pipeline, The Tyee reports.

The Tyee | February 20, 2012 | 8:00 pm

Caledonia gives 51% of Blanket to indigenous Zimbabweans

Caledonia Mining announced on Monday it has signed a deal with the Zimbabwe government to sell 51% of its Blanket mine to indigenous Zimbabweans for $30 million. The purchase price will be paid to Caledonia from future Blanket dividend payments.

MINING.com Editor | February 20, 2012 | 7:47 pm

Who’re you calling dirty? Canada says would take Europe to WTO over oil sands

Canada is upset about an EU energy panel's plans for a green ranking of fuels that would rank Alberta's heavy oil as the globe's most polluting and effectively ban the import of oil sands crude into the bloc.

Frik Els | February 20, 2012 | 7:07 pm

Chile the largest copper producer and the country with the biggest reserves — USGS

Chile is not only the largest copper producer in the world, but also the country with the largest worldwide reserves of the red metal, reveals the latest commodity report by the U.S. Geological Survey (USGS).

Cecilia Jamasmie | February 20, 2012 | 4:02 pm

Chile Collahuasi mine resumes operations after snowstorm halt

Collahuasi, the third largest copper mine in the world, resumed operations this morning after a snowstorm halted production on Sunday, publishes online news outlet Terra.cl

Cecilia Jamasmie | February 20, 2012 | 3:10 pm

Ritchie Bros. conducts world’s largest heavy equipment auction in Florida

Ritchie Bros. Auctioneers (NYSE and TSX: RBA) held the world’s largest heavy equipment auction in Orlando, Florida last week (February 13 – […]

Canada News Wire via Quote.com | February 20, 2012 | 2:12 pm

Avanco Resources to double copper gold resource through acquisition from Xstrata

Brazilian copper developer Avanco Resources (ASX:AVB) said today that it would double the company’s copper gold resources through the acquisition of the Pedra Branca Copper-Gold Project in Brazil's Carajas Mineral Province from Xstrata Copper.

Cecilia Jamasmie | February 20, 2012 | 1:42 pm

First

Last

It’s official: Zambia scales back mining royalties to 9%

‘Perfect’ 100-carat diamond goes under Sotheby’s hammer

One year-old Kibali mine already looks to its future

Irish Kenmare sends S. African miners in Mozambique home over xenophobia

Will solar be the bullet that kills coal?

Create FREE account or log in

to receive MINING.COM digests