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LABOUR INACTION

Workers strike at Bolivia's top tin mine, seek better pensions

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Workers on strike at Bolivia's biggest tin mine, state-run Huanuni, have cost the mine $5-million in lost output since they walked off the job on May 6, the government said on Friday. Miners at Huanuni have joined a general strike to demand...

By: Reuters

17th May 2013

URANIUM

U3O8 Corp outlines Argentina strategy

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Canada-based uranium project developer U3O8 Corp this week outlined its strategy for Argentina, saying it believed the Laguna Salada deposit was a potential low-cost, near-term producer while setting up a pipeline of projects for sequential...

By: Henry Lazenby

17th May 2013

FINANCING

Allied Nevada Gold closes $150m financing

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US miner Allied Nevada Gold on Friday said it had closed a bought deal equity financing with a syndicate of underwriters for $150.5-million. Allied Nevada issued 14-million shares at a price of $10.75 apiece. The syndicate of underwriters was led...

By: Henry Lazenby

17th May 2013

DISPUTE SETTLEMENT

Orbite settles dispute with contractor, shares slide

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French media this week reported alumina process innovator Orbite Aluminae this week settled a dispute with contractor Gastier Montreal, which claimed $16-million for unpaid work. Gastier obtained a legal mortgage on the new Orbite plant, which...

By: Henry Lazenby

17th May 2013

COPPER

Copper Mountain production grinds to halt on transformer failure

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Vancouver-based Copper Mountain Mining on Thursday said production ground to a halt after one of two transformers powering the semi-autogenous (SAG) mills had failed. Copper Mountain said it expected production to restart on Saturday, after a...

By: Henry Lazenby

17th May 2013

LABOUR

Lonmin accelerates union recognition process to ease Marikana tensions

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Platinum producer Lonmin , which on Friday welcomed the return to work of its employees following a two-day unprotected strike this week, said that it would accelerate certain aspects of the union membership recognition process at Marikana to ease...

By: Idéle Esterhuizen

17th May 2013

PEOPLE

Infrasors CEO Robinson steps down

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JSE-listed Infrasors Holdings has announced the resignation of CEO Trevor Robinson, with effect from May 31. Robinson headed up the South African resources company since September 27, 2009.

By: Natalie Greve

17th May 2013

BASE METALS

DRC sees copper concentrate ban in full force by July, August

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Democratic Republic of Congo (DRC) expects its ban on the export of copper and cobalt concentrates to come into full force by July or August, as it presses mining companies to process and refine the metals within its borders, the Mines Minister...

By: Reuters

17th May 2013

LABOUR

AMCU threatens to bring South Africa to 'standstill'

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The leader of South Africa's biggest platinum mining union on Friday threatened to bring Africa's top economy "to a standstill" and demanded a meeting with President Jacob Zuma, ramping up the rhetoric in an 18-month labour crisis. The rand, which...

By: Reuters

17th May 2013

COAL

Vale cuts Mozambique coal export target by 30%

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Brazil's Vale has cut the 2013 export target for its Mozambique coal mine by nearly a third, a company official said on Friday, after heavy floods temporarily shut a railway line. Vale now sees exports at 3.4 million tonnes for the year, down...

By: Reuters

17th May 2013

Topics in these articles

City	Country	Currency	Facility
La Paz Toronto Vancouver Johannesburg London Tokyo Cape Town DURBAN Rustenburg	Bolivia Argentina Brazil Canada China South Korea United Arab Emirates United States Japan Congo Democratic Republic Of Congo Zambia South Africa Mozambique	USD	Vinto Smelter Hycroft Mine Copper Mountain Mine SAG Mill Marikana Mine Moatize Mine
Person	Company	Continent	Industry Term
Evo Morales Trevor Robinson Martin Kabwelulu Cyril Ramaphosa Jacob Zuma Joseph Mathunjwa Mpumi Sithol Peter Attard-Montalto	U3O8 Corp Allied Nevada Gold Cormark Securities Dundee Securities Copper Mountain Mining Mitsubishi Materials Lonmin Afrimat Infrasors Holdings ENRC Freeport McMoRan Glencore Reuters Lehman Brothers	South America Africa	Alkaline Solution Continuous Surface Mining Mining Near-term Producer Near-term Production Using Low-cost Mining Uranium Project Developer Metal Production Construction Materials Supplier Acute Electricity Shortages Intermediate Products Car Plants Platinum Mining Union
Natural Feature	Province Or State	Region	Radio Station
Sierra Pintada	Chubut Nevada British Columbia Tete	West Nevada Southern British Columbia	Talk Radio 702