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Mining

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Election 2016: Two Labor candidates break ranks on mining donations and fuel subsidies

The Sydney Morning Herald - ‎21 hours ago‎
A sitting Labor MP and a Labor candidate on the NSW North Coast have split with their party to back a ban on political donations from miners and all fossil fuel subsidies. In a new headache for Opposition Leader Bill Shorten, whose campaign has been ...
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Apartment, house building boom failing to offset mining bust

ABC Online - ‎22 hours ago‎
"While non-residential building work done fell 5.5 per cent, the details reveal that all is not woe with favourable trend increases now occurring in the non-mining states of New South Wales." The quarterly construction data is the first key partial ...

Queensland Parliament passes laws restoring landholder mining objection rights

ABC Online - ‎20 hours ago‎
The laws also repeal proposed changes that would have allowed a mining lease to be granted on restricted land even if a landholder did not agree.
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Gold price rally boosts Canada's mining sector growth

MINING.com - ‎10 hours ago‎
Canada's mining sector got a shot in the arm in the first three months of 2016, recording gains that outperformed both the Toronto Stock Exchange and the London Metals Exchange in the period, a new report shows.

Boom in private debt financing for mining

MINING.com - ‎49 minutes ago‎
A study of private capital in the resources sector by industry tracker Preqin finds significant growth since the global financial crisis in the debt fundraising market with 54 funds closed since 2010 raising more than $29bn.
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More Than 70 Missing After Landslide in Myanmar's Jade-Mining Region

Radio Free Asia - ‎4 hours ago‎
More than 70 people remain missing and 19 are injured a day after a landslide of mountainous slag left a dozen dead in northeastern Myanmar's Hpakant jade-mining region, a local resident and town official said Tuesday. Heavy rains caused the huge pile ...

Miners plead for no new taxes in NSW budget

The Australian - ‎10 hours ago‎
In its mid-year update, NSW Treasury slashed its expectations of mining royalties for 2015-16 by $129m compared to the budget as a slowing China triggered a slump in coal prices and demand.

Colombia court rules local governments can restrict mining projects

Reuters - ‎27 minutes ago‎
Mining companies in Colombia have long complained that legal uncertainty and changeable judicial decisions, as well as protests and attacks by leftist rebels, hobble projects.
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Liberia grand jury indicts Sable Mining, officials for bribery

Reuters - ‎1 hour ago‎
MONROVIA May 25 A grand jury in Liberia on Wednesday indicted government officials, including the speaker of parliament and the head of the ruling party, along with London AIM-listed Sable Mining on charges including bribery. President Ellen Johnson ...

Battery-powered mining

Australia's Mining Monthly (subscription) - ‎22 hours ago‎
The more diesel burnt underground the stronger the mine ventilation system has to be. A bit of experimental work was done with fuel cells to get around the problem, however, the recent huge advances in battery technology has brought them to the forefront.

Prairie Mining Ltd pushes ahead with strategic Polish coal project

Proactive Investors Australia - ‎2 hours ago‎
Prairie Mining Ltd (ASX:PDZ) has submitted a mining concession application at the Lublin Coal Project in Poland, where a pre-feasibility study (PFS) had confirmed the robust economics and technical viability of the project.

The mining industry has conceded defeat over exploration drilling in paddocks

The Sydney Morning Herald - ‎May 22, 2016‎
The coal mining industry has waved the white flag over a landmark court ruling which prevents them from conducting exploration drilling in paddocks.
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Idaho silver mine shaft sunk to final depth of 9587 feet

MINING.com - ‎May 24, 2016‎
The Lucky Friday silver, lead and zinc mine is located deep in the Bitterroot Mountains, in one of the world's most prolific silver-producing districts: northern Idaho's Silver Valley.
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Kinross Gold workers strike at Tasiast mine in Mauritania, shares plummet

MINING.com - ‎May 24, 2016‎
Shares in Canadian miner Kinross Gold's (TSX:G) (NYSE:KGC) were plummeting Tuesday as unionized employees at the company's Tasiast mine in Mauritania began a strike. At lunchtime, the stock was down almost 9% to Cdn$5.92 in Toronto and was ...

'Govt must publish mining revenue payments'

The Herald - ‎2 hours ago‎
GOVERNMENT should publish revenue payments made by mining companies on an annual basis and separate specific revenue sources as part of improved governance in the mining sector, a research on mining revenues has said. The research is titled: ...

Community challenges Amplats mine settlement

BDlive - ‎6 hours ago‎
A BID by Anglo American Platinum (Amplats) to appease a community near its most profitable mine may unravel, highlighting the challenges of managing flashpoints of social unrest while trying to shore up its balance sheet.
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State of emergency in Peru over mercury poisoning from illegal gold mining

MINING.com - ‎May 24, 2016‎
Peruvian President Ollanta Humala has declared a 60-day state of emergency in a large remote area of the Amazon jungle as levels of mercury from illegal gold mining have reached record high levels. According to country's environment minister, as many ...
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Spanish police seize bitcoin mining centers, arrest 30 for money laundering

ZDNet - ‎3 hours ago‎
Spanish police seized six bitcoin mining centers and arrested 30 people accused of using bitcoin mining in a money laundering scheme, Reuters reports.
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Elite mine rescue squad risks all to save lives

BDlive - ‎8 hours ago‎
IN A dark, smoke-filled mine shaft, a group of South African rescue trainees heave and gasp after crawling through a narrow steel pipe - but commands shouted by an instructor urge them onwards.
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