Newmont keeps tight grip on costs; strong second-quarter results
Despite industry-wide challenges of escalating operating and capital costs, Newmont Mining Corp. (NEM-N) says its s…
Africa
UAE pours oil money into mining
In an effort to shield itself from escalating costs of infrastructure-related materials, the government of Ras Al Khaimah, a part of the United Arab Emirates (UAE), has set up what may become the firs…
Iron ore market to stay strong in 2009: forecasts
The iron ore boom continues, with the market expected to stay firm through next year, according to a report by the Iron Ore Trust Fund of Geneva-based United Nations Conference on Trade and Developmen…
Potash, uranium, key themes at RBC conference;RBC conference
Commodity prices will remain strong for several years to come due to robust demand outside the United States and persistent supply constraints, according to presentations at the recent RBC Global Mini…
Good intercepts, delayed start-up for Equinox
Vancouver – It’s been an up-and-down summer for Equinox Minerals (EQN-T) as it tries to get its Lumwana copper proj…
Oromin looks beyond initial 1.4 million oz. at Sabodala
Oromin Explorations (OLE-V, OLEPF-O) has reported an initial inferred resource estimate totaling 1.4 million oz. of…
Mmamabula power plant hits major hiccup for CIC Energy (July 21, 2008)
VANCOUVER — Plans to develop a new coal mine and coal-fired power station in Botswana to add muchneeded capacity to South Africa’s power grid have been derailed and shares of CIC Energy (ELC-T, CIEGF…
Will auto industry woes derail lead, platinum?
The recent sales figures coming out of the automotive industry in Detroit have been awful, leading to layoffs at some of the Big Three auto makers and at auto parts suppliers. Since cars are among the…
Indicated resource and grade grows at Teal’s Namibian project
Teal Exploration & Mining’s (TL-T, TEL-J) Otjikoto gold project in Namibia is demonstrating higher grades and res…
MagIndustries gets the power
The Republic of Congo is finding a way to stop wasting a valuable resource and MagIndustries (MAA-V) is gaining acc…
Helio hitting gold in Tanzania (July 14, 2008)
VANCOUVER — Helio Resource (HRC-V, HELOF-O) has been working away at the SMP gold project in southwestern Tanzania for two years and its efforts are starting to pay off. Strong drilling results from …
Will the lead and platinum markets be derailed by auto industry woes?
The recent sales figures coming out of the automotive industry in Detroit have been awful, leading to layoffs at so…