Cliffs mulls closing Bloom Lake iron ore mine for lack of buyers

The Calgary Herald is reporting that a Canadian family running an offshore organization under investigation by police has taken over a gold mining company in Ecuador.

Westmoreland Coal Company (NasdaqGM:WLB) announced Tuesday that it has agreed to purchase Chevron Mining Inc.’s Kemmerer mine in the Hams Fork Region of southwestern Wyoming for $179 million plus approximately $14 million in working capital.

Family and friends are trying to find Matthew Huszar, a University of British Columbia geology graduate, who has been missing for 12 days.

New Guinea Gold (CVE:NGG) temporarily halted mining and processing at its Mt Sinivit operation after it was occupied by the Wild Dog Mining Area Landowner Association and Lulai Nakama Association.

Due to the high Australian dollar and low molybdenum prices, Moly Mines says the Spinifex Ridge molybdenum/copper project is sub-economic and the company won't be developing it.

Western Australia invited China to invest in a A$5.94 billion (US$6 billion) port and rail project that aims to open up a new iron ore province in the state's Mid West after Wednesday stripping a Mitsubishi Corp.-led venture of exclusive development rights.

CALGARY, Dec. 28, 2011 /CNW/ - Athabasca Oil Sands Corp. (TSX: ATH) is pleased to announce that MacKay Operating Corp. (MacKay Opco) has received full regulatory approval from Alberta Energy Resources Conservation Board and Alberta Environment and Water for the MacKay River commercial oil sands project.

The U.S. Fifth Fleet said on Wednesday it will not allow any disruption of traffic in the Strait of Hormuz, after Iran […]

Arc Exploration Limited (ARX), an Australian gold mining exploration company with presence in Indonesia, has halted activities at a project in Bima, after a violent protest at the nearby port of Sape last week that left two people dead.