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  • Tribals in Niyamgiri demonstrate against Bauxite mining

    More than 3000 tribals assembled in Muniguda village of Rayagada district on Wednesday (May 22), to protest against mining in the Niyamgiri hills. The Supreme Court had recently suggested that there was need to seek the opinion of local tribals before mining as it did not want any damage to be caused to the environment. The mining project has also been opposed by the rights groups. The Gram ...

  • Mining jobs shed in bid to cut costs

    MORE than 120 jobs have been axed from the region's mining industry as companies cut costs and switch mining methods. Evolution Mining Ltd confirmed yesterday that 120 positions had been lost from its Pajingo gold mine, south of Charters Towers, as the operation completed open pit mining.It denied the move had been prompted by slumping gold prices.BHP Billilton also confirmed its move to ...

  • Arrowstar Provides Update on Corporate Developments

    May 23, 2013 /CNW/ - Robert L. Card, President of Arrowstar Resources Ltd., ("Arrowstar" or the "Company") (TSXV: AWS), is pleased to report that the Company has announced that it's Annual General Meeting will be held ...

  • Monument Files Technical Report for Selinsing and Buffalo Reef

    May 23, 2013 /CNW/ - Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (the "Company") is pleased to announce that it has filed a National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") technical report ...

  • Tanzania says Russias ARMZ owes $206m in taxes

    DODOMA - Tanzania is demanding almost $206-million in taxes from Russian state uranium company JSC Atomredmetzoloto (ARMZ), which has won a licence to build the east African country's first uranium mine, the energy minister said on Thursday. Russia's ARMZ is the mining arm of Russia's nuclear regulator, Rosatom, which also built nuclear reactors. Tanzania's tax claim ...

Movie Review

Dr. Dolittle 2

Dr. Dolittle 2 is much like its 1998 predecessor, in that it is enjoyably silly, though not particularly inventive, and it is clean enough for most kids (I don't think there was a single curse word in the whole movie), with just enough bowel-movement and intestinal-related raunch included to keep little ones giggling. There is also an obvious, good-hearted message, this time related both t ... ...

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  • Glencore set to appoint Caplan as aluminium boss – source

    , a source with direct knowledge of the situation said. A relative newcomer by Glencore standards, Caplan joined the group in 2007 from rival Trafigura as an alumina trader, and now runs the firm's global trading book for the material. He is also a director of Century Aluminum, a primary aluminium producer part-owned by Glencore. Sources with knowledge of the matter said earlier this ...

  • AMCU Lonmin talks reach deadlock formal arbitration to start

    JOHANNESBURG (miningweekly.com) – The Association of Mineworkers and Construction Union (AMCU) and platinum miner Lonmin on Thursday again failed to reach agreement on a new recognition agreement and the matter has now been referred for arbitration. The meeting, conducted under the auspices of the Commission for Conciliation, Mediation and Arbitration (CCMA), was a final attempt by the ...

  • Zuma warns on mining unrest

    Continuing wildcat strikes and tension in the mining industry could impoverish South Africa, President Jacob Zuma warned on Thursday. "If the workers demand higher wages and that becomes a point of conflict, so sharp a conflict it could produce another Marikana, then there's something wrong in our society," he said in response to debate in the National House of Traditional ...

  • Firestone moves closer to Eskom supply agreement

    JOHANNESBURG (miningweekly.com) – Dual-listed Firestone Energy on Thursday published an interim resource statement for its joint venture (JV) Waterberg coal project, where production is set to start in the second half of 2015. Drilling results have confirmed the gross tons in situ to be 1.09-billion tonnes and the combined indicated and inferred resource to be 92.31-million tonnes. ...

  • Unprecedented price currency volatility to test mining companies—EY

    As supply and demand approaches equilibrium in many commodities, longer lead times in changing supply are leading to over and under corrections, causing more price volatility, says Ernst & ...

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