Indonesia mogul ready to discuss deal on Intrepid project - letter

An Indonesian tycoon who owns a big stake in a huge copper and gold prospect taken from Australia's Intrepid Mines last year is willing to resolve the ownership dispute, he said in a letter to an investor looking to oust the company's board. The...

Australian coal port workers to strike Friday

Workers at Australia's Newcastle port, the world's largest thermal coal export facility, plan to stop work for eight hours on Friday to protest proposed changes to their work contract that could hit working conditions and jobs. The strike, in...

Rum Jungle signs deal with Toro

Uranium developer Toro Energy and fellow-listed Rum Jungle Resources have signed a farm-in agreement over the potash and related evaporate mineral rights for Toro’s Lake Mackay project, in Western Australia. The Lake Mackay project consists of...

SA may overtake Australia as India’s second-largest coal supplier

India’s rankings of its most preferred source of coal imports were expected to change dramatically this year, with South Africa poised to emerge as the second-largest supplier, officials in the world's largest coal miner, State-controlled Coal...

Freeport Indonesia mine should stay shut to probe tunnel collapse - union

Freeport McMoRan Copper & Gold Inc's Indonesian copper mine should remain closed for an investigation into a tunnel collapse that has left five dead and 23 missing, a trade union leader said on Friday. Thirty-nine workers were attending an...

Alternative rare earths remain elusive three years after curbs

Following the global economic downturn of 2008/9 and a series of events and press reports in 2010 that coined what some referred to as the “rare-earths crisis”, there has been a glut of new rare earths projects starting out, yet few have...

Focus on cost reduction as volatile prices place strain on projects

Advisory firm Deloitte on Friday warned that the continued economic uncertainty, and consequent volatility in equity and commodity markets, were increasing pressures on major capital projects, prompting a focus on cost reduction and timely...

Critical alternative rare earths sources remain elusive well after 2010 curbs

Following the global economic downturn of 2008/09 and a series of events and press reports in 2010 that coined what some referred to as the “rare-earth crisis,” there has been a glut of new rare earths projects starting out, yet few have...

Dubbo Zirconia project, Australia

The project's environmental-impact assessment is nearing completion.

Dugald River zinc/lead silver project, Australia

MMG has signed a $1-billion loan facility with the China Development Bank to develop its Dugald River project.

Mining consultancy opens Namibian office, a first outside South Africa

Mining consultancy firm VBKom Consulting Engineers (VBKom) will open its first office outside South Africa in Windhoek, Namibia, this month, after operating in Namibia as a registered company for two years. “We have been promising this office to...

Namibian industry set for growth – investment adviser

The Namibian mining industry is set to be worth about N$37.8-billion by 2017, says investment and development adviser Africa Practice. An initial study in October showed the industry would be worth about N$40-billion by 2016; the revised figures...