Latest News

A new law has come into effect in Indonesia affecting the export of unprocessed strategic minerals including nickel steel copper and aluminium.
Drilling at Alara Resources Ltds Khnaiguiyah zinccopper property in Saudi Arabia has identified mineralisation outside the resource 20.1Mt at 4.4 Zn and 0.15 Cu measured and indicated
Centerra Gold Inc posted a US14.7 million loss for the March quarter moving from a net profit of US136.6 million in the yearearlier period as production at part of its Kumtor pit was disrupted by increased ice movement.
Industrial giant General Electric GE announced acquisitions of two underground mining equipment manufacturers to support the global expansion of its mining business.
Canaco Resources Incs shares dropped 66 in one day after it announced an initial resource estimate for the Magambazi zone of its Handeni gold property in Tanzania against a wider TSX market drop of 3
Canadas Cameco Corp has agreed to buy nuclear fuel broker NUKEM Energy GmbH for 105 million US136 million from Advent International and other shareholders.
Australian uranium producer Paladin Energy Ltd said it had been forced to temporarily halt production at its Kayelekera operations in Malawi after the majority of the mines workforce downed tools in protest over wages.
Caspian Holdings plc has received assay results from two of five holes being drilled at La Parrilla former tungsten mine property in Spain in which it holds an option to buy a 100 interest. The holes were designed to test extensions to mineralisation west of the open pit. Production from tailings at La Parrilla was anticipated by the second half of 2013 at 28000mtu/y tungsten and 26t/y tin
Sunridge Gold Corp having recently received a prefeasibility study for the entire Asmara polymetallic project in Eritrea has now released a positive feasibility study for the Debarwa deposit within the project
Rare earth elements producer Molycorp Inc said it would raise US650 million in an offering of senior notes that will be used to help finance the companys US1.3 billion purchase of Neo Material Technologies Inc.

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