Mining Bulletin

The full story: In-depth news and analysis

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Mining Bulletins

The full story: In-depth news and analysis

The accelerated development of the Lady Loretta project will help lift cost-efficiencies across Xstrata Zinc’s north Queensland business

The bitter battle between the founders of big UK thermal coal company Bumi Plc has claimed a director and current boss of an investigation target. Mark Mentiplay reports

Ambitious Pilbara 155Mtpa expansion is still our plan, FMG chief confirms

World mining equipment giant predicts ‘anaemic growth’ in world demand through 2015. Ernest Scheyder reports

Big UK-based global coal company Bumi plc is looking for answers from its Indonesian operations, alleging financial and other irregularities.

Base Resources is looking at new financing options to cope with a $22M cost increase for its Kenyan minerals sands project.

Violence may have succeeded in securing large pay increases for workers at Lonmin’s Marikana mine, but the deal could cost the country’s mining industry, and its workers, a lot more than they bargained for.

Caution urged as DRC seeks to lift its take from mining

DiamondCorp targets R320M to bring the old Lace Diamond Mine back into production.

Balamara has secured another advanced base metals project as it eyes Balkans base metals production in early 2014. Mark Mentiplay reports.

China’s slowdown pushes thermal coal prices below benchmark

London-listed Petra Diamonds is likely to publish a handsome set of figures when it reveals its full year results early next week

Azerbaijan gold producer Anglo Asian Mining has negotiated $US52 million for upgrades at its Gedabek mine but the funding has come at a cost

Big 2 team up to develop Camino Rojo gold and silver mine. Jean Luis Arce reports

AIM-listed Highland Gold Mining has taken a hit in profits at the hands of rising costs, however, full year production estimates remain healthy and the development profile is encouraging

Once one of Australia’s most attractive listed contractors, Macmahon has been plunged into crisis again by a Pilbara contract gone bad. John Feary reports

A truce has been declared in the bitter Platinum Belt war, but the road to industrial peace in South Africa will still be a long one

UK company Condor is looking to fast track its La India Gold Project after big upgrades in open cut/underground resources.

Another major Chinese company, Meijin Energy, has joined the quest for near production Australian assets

Debt replacement deal eases FMG’s pain, but debt remains the elephant in the room as iron ore prices remain under pressure.

Independent directors back Chinese company’s 2nd big investment in Arafura to get $3.2B Nolans Rare Earths Project up

FMG’s new refinancing package has come much quicker than the market expected and comes with confirmation of new asset partnerships

2 SA mines re-open, while others are scaled back and Amplats remains in the balance

Wait and see as, despite no new labor deal, Amplats expects work resumption at Rustenburg. Olivia Kumwenda reports

Scoping study outlines 14 year open cut copper precursor to Blackthorn’s main game Zambian project

A nice $21M profit has sealed a good 1st year of production for Weatherly, with more to come.

Iron ore prices are back on the roller coaster, and some of those aboard will be enjoying the ride less than others

Entrepreneur Robert Friedland’s next big thing could be looking for up to $1B before its Toronto listing, possibly next month. Clara Ferreira-Marques reports

Ivory Coast will be the latest in a string of African governments to invoke new taxes to boost the state share of resource revenues.

Slowing activity in Australia's resource industry is already hitting contractors, with no industry poised to pick up the slack left by mining.


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