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Mining News - Editor's Picks

Analysis: South Africa's Golden Age May Soon Be Over...

South Africa's remaining gold reserves are less than half existing estimates and the cost of bringing the dwindling resource into production may be far more than its value, a new report has found. An article in the South African Journal of Science has highlighted the plight of the country's goldmining industry, which is afflicted by high costs, environmental damage, falling output and illicit mining. South African output peaked in 1970, when the country mined 1,000 tonnes of gold and accounted for more than three quarters of world gold production, but production has declined rapidly since. (timesonline.co.uk)

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Latest Mining News

Liberty Commences Production at the McWatters Nickel Mine... 24 Nov 2009 - 14:26
Xstrata moves into iron-ore with Congo-Rep project... 24 Nov 2009 - 14:25
American Bonanza Gold Corp.: Copperstone Mine Plan of Operations Accepted by the BLM... 24 Nov 2009 - 14:01
Goldcorp Provides Update on 2009 Exploration Program (MRW)... 24 Nov 2009 - 14:01
Goldcorp Provides Update on 2009 Exploration Program... 24 Nov 2009 - 14:01
Goldcorp Provides Update on 2009 Exploration Program (CCN)... 24 Nov 2009 - 14:00
Weak Dollar Is Golden for Mining Companies... 24 Nov 2009 - 13:44
Xstrata moves into iron ore with Congo-Rep project... 24 Nov 2009 - 13:44
Newmont to sell stake for $494M... 24 Nov 2009 - 13:39
Newmont (NEM) and Sumitomo Enter into an Agreement to Sell an Additional 14% Share Sale of PTNNT for $494 M... 24 Nov 2009 - 13:22
Newmont Mining Corp. Q3 2008 Earnings Conference Call Transcript... 24 Nov 2009 - 12:56
BHP poised to make fresh bid for rival?... 24 Nov 2009 - 12:40
Fortress Financial Group, Inc. -- Disposal of All Company's Gold Mining Assets and Possible Bid for... 24 Nov 2009 - 12:37
Rio Tinto to buy iron-ore from Australian junior... 24 Nov 2009 - 11:54
BHP banned from Rio takeover revisit... 24 Nov 2009 - 11:53

Glen Eagle Acquires the Osprey Gold Mine... 24 Nov 2009 - 11:37
Cogitore Expands Copper-Zinc Mineralization at Scott Lake... 24 Nov 2009 - 11:37
Merc Discovers New Gold Zone Within the Red Mountain Syncline and Expands Mineralization at Damoti L... 24 Nov 2009 - 11:34
Global Mining Industry Outlook to 2010: Marketing and Sales Strategies and the Impact of Recession and Recovery--Aarkstore Enterprise... 24 Nov 2009 - 11:17
Strike halts largest bauxite operation in Guyana... 24 Nov 2009 - 11:17
De Beers to sign new diamond deal with Namibia... 24 Nov 2009 - 11:17
De Beers looks to gold... 24 Nov 2009 - 10:40
Newmont agrees to Indonesian share divestment... 24 Nov 2009 - 10:19
Newmont Mining sells 14% of Newmont Nusa for $494m... 24 Nov 2009 - 10:19
DEALTALK-BHP share buyback hinges on fate of Rio Tinto jv... 24 Nov 2009 - 09:58
BHP share buyback hinges on fate of Rio Tinto joint venture... 24 Nov 2009 - 09:43
Rio Tinto in tie-up Iron Ore Holdings... 24 Nov 2009 - 09:42
Malaysian mining industry has big potential... 24 Nov 2009 - 09:41
Kirkland Lake Gold Inc. and Queenston Mining Inc.: New High Grade Mineralization on South Claims JV Drill Hole 53-1364 Returns 5.12 Ounces of Gold per Ton Over 6.3 feet... 24 Nov 2009 - 09:40
Kirkland Lake Gold Inc. and Queenston Mining Inc.: New High Grade Mineralization on South Claims... 24 Nov 2009 - 09:23

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PR Newswire

Rare Element Acquires Eden Lake REE Project [24 Nov 2009 - 14:00]
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Resignation of Chief Financial Officer and Director [24 Nov 2009 - 13:33]
Uranium Energy Corp. and Uran Limited Start Exploration Drilling at the Grants Ridge Project in New Mexico [24 Nov 2009 - 13:00]
Wallbridge Mining and Lonmin Plc Approve $1.25 million 2010 Program for Sudbury Camp Joint Venture [24 Nov 2009 - 12:30]

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24-7 pressrelease

Protecting California Bicyclists [22 Nov 2009 - 08:13]
Federal Lawmakers Mull Restrictions on Cell Phone Use [22 Nov 2009 - 08:12]
Slamming the Brakes on Distracted Driving [22 Nov 2009 - 08:11]
Court Issues Important Victory for Workers' Comp Claimants [21 Nov 2009 - 08:13]
Distraction at 37,000 Feet - Lessons for the Road [21 Nov 2009 - 08:12]

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Mining Indaba

Pictures of the Day

theglobeandmail.com:
U.S. Miner to Develop Major Chromite Play in Ontario
Cliffs Natural Resources News

Newmont Agrees to Indonesian Share Divestment

bangkoknews.net:
Newmont Agrees to Indonesian Share Divestment
Newmont Mining News

google.com:
China Blast Mine 'Overcrowded': Safety Official
China Mining News

mining-journal.com:
Overview: Record Australian Exploration Spend
Australia Mining News

google.com:
U.S. to Stop Coal 'Overburden' Dumping Into Waterways
Surface Mining News

timeslive.co.za:
Overview: Nothing Festive for Miners
Mining Companies News

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Worcester Polytechnic Institute New Online Power Systems Management Master of Science Degree [23 Nov 2009]

Market Headquarters talks with Managing Director of Trinton Gold Ltd [05 Nov 2009]

EIN News Introduces Environmental News Today - a Green Information Resource for Business Professionals [30 Oct 2009]

Xinergy Corp Announces President Appointment [26 Oct 2009]

Get Free Access This Week to Mining Industry Today and Sample the Service Mining Industry Professionals Turn to for the Latest with World Mining News [13 Oct 2009]

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EIN News Columnists

China's 'Capitalism:' A Rigged Game (Joe Rothstein's Commentary) [17 Nov 2009 - 11:59]
Tom Daschle, Not Secretary of Health, But Still A Force In The Fight for Health Reform (Joe Rothstein's Commentary) [12 Nov 2009 - 12:24]

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Mining Companies News

Xstrata moves into iron-ore with Congo-Rep project [24 Nov 2009 - 14:25]
Goldcorp Provides Update on 2009 Exploration Program (MRW) [24 Nov 2009 - 14:01]
Goldcorp Provides Update on 2009 Exploration Program [24 Nov 2009 - 14:00]
Goldcorp Provides Update on 2009 Exploration Program (CCN) [24 Nov 2009 - 14:00]
Weak Dollar Is Golden for Mining Companies [24 Nov 2009 - 13:44]

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Precious Metals News

Gold loses lustre to copper on India's MCX [24 Nov 2009 - 14:25]
Rockcliff Acquires Former Gold Producer at Snow Lake, Manitoba (CNW) [24 Nov 2009 - 14:01]
Rockcliff Acquires Former Gold Producer at Snow Lake, Manitoba [24 Nov 2009 - 13:44]
General Metals Hill Zone Oxide Gold Deposit Drill Results: 195 Feet at 0.035 OPT Gold - 0.527 OPT Silver, Includes 10 Feet of 0.223 OPT Gold 14.24 OPT Silver (MRW) [24 Nov 2009 - 13:43]
General Metals Hill Zone Oxide Gold Deposit Drill Results: 195 Feet at 0.035 OPT Gold - 0.527 OPT Si [24 Nov 2009 - 13:43]

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Base Metals News

Liberty Commences Production at the McWatters Nickel Mine [24 Nov 2009 - 14:26]
Gold loses lustre to copper on India's MCX [24 Nov 2009 - 14:25]
Copper slips as greenback gains [24 Nov 2009 - 14:25]
Continental Nickel Reports New Sulphide Intersections at Nachingwea, Including Massive Sulphides Grading 4.31% Nickel and [24 Nov 2009 - 14:23]
Continental Nickel Reports New Sulphide Intersections at Nachingwea, Including Massive Sulphides Grading 4.31% Nickel and 0.60% Copper Over 2.4 Metres (MRW) [24 Nov 2009 - 14:01]

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Coal Mining News

China crude oil, coal imports rise in October [24 Nov 2009 - 13:24]
China's coal imports hit 11.1 mln tons in Oct [24 Nov 2009 - 09:59]
China says coal mine that exploded was too crowded [24 Nov 2009 - 06:58]
Fuel: Coal prices post smaller rise [24 Nov 2009 - 06:15]
Chinese officials blame management for deadly coal mine explosion [24 Nov 2009 - 04:59]

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Diamond Mining News

Diamond miner Alrosa says to cut debt in 2010 [24 Nov 2009 - 13:42]
New Price List for Diamonds Presented at the Israeli Diamond Exchange [24 Nov 2009 - 12:58]
IIROC: Resume, Curlew Lake Resources Inc. and Blue Diamond Mining Corporation [24 Nov 2009 - 12:56]
Diamondcorp Plc - Drilling Update [24 Nov 2009 - 08:42]
Diamond trade in Surat set to soar [24 Nov 2009 - 00:31]

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Iron & Steel Industry News

Steel prices to rise by end of 2010 [24 Nov 2009 - 14:24]
Evraz says no dividend for 2009 [24 Nov 2009 - 14:01]
Xstrata moves into iron ore with Congo-Rep project [24 Nov 2009 - 13:44]
UPDATE 2-Kumba CEO: iron ore output, exports to rise in 2009 [24 Nov 2009 - 13:39]
Sensex ends lower; Tata Steel, RInfra dip [24 Nov 2009 - 12:36]

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