Rusoro’s shares suspended as Venezuela nationalisation hamper audit

Canadian securities authorities have suspended trade in TSX-V-listed Rusoro’s stock late on Tuesday, as a result of the company’s failure to file its 2012 full-year financial results, as is required by Canadian continuous disclosure rules....

Malaga may sell Peruvian tungsten assets as financial woes deepen

Tungsten junior Malaga, which owns the Pasto Bueno mine, in Peru, on Tuesday said it could sell its Peruvian assets in an attempt to remain a going concern. Malaga put the Pasta Bueno mine and plant on care and maintenance in the fourth quarter,...

U3O8 Corp outlines Argentina strategy

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, and setting up a pipeline of projects for sequential...

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...

Ecuador pushing ahead with reforms to lure mining investors

Ecuador's government on Thursday presented a mining bill to Congress that should pave the way for the signing of contracts with several investors, including Canada's Kinross Gold. Ecuador does not have a large-scale mining industry, but the...

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...

International

What’s On provides you with information about conferences, exhibitions, seminars, training courses and other events pertaining to general industry and the mining sector. To include information about an upcoming event, e-mail...

Kemess underground mine project, Canada

Results from the Kemess underground feasibility study outline the development of an underground block-cave operation with 12-year mine life.

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...

Impact sells off noncore Botswana assets

Junior developer Impact Minerals has taken the decision to sell off four of its noncore prospecting licences in the northern part of its Botswana uranium project. The four licences would be transferred to Sechaba Natural Resources for a total of...

Potash Corp sees spot potash prices rebounding

Spot market prices for the crop nutrient potash are rebounding after some of the world's biggest fertiliser consuming countries signed contracts at deep discounts, according to Potash Corporation of Saskatchewan . "Basically, what we've done is...

Pioneer exploration R&D programme awarded C$5.1m grant

A nationwide research project led by the mining industry and carried out by Canadian universities has received the largest grant ever awarded by the Natural Sciences and Engineering Research Council (NSERC) through its Collaborative Research and...